280 Lincoln Street

South Portland, ME 04106

$1,475,000
Price
10
Beds
7
Baths
9,854 Sq. Ft.
$150 / Sq. Ft.
9,854
Sq. Ft.
$150
per Sq. Ft.
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
280 Lincoln Street
20240723gp-62155
280 Lincoln Street
280 Lincoln Street

Description

Located in South Portland's Ligonia neighborhood, this is a unique opportunity to purchase a turnkey 7-unit residential apartment building and a 5,582 SF flex building, currently with 7-commercial tenants. The apartment building is in great condition, with many renovated units, two newer boilers, a brand-new deck, fresh paint and replacement windows. The flex building is divided into 7 studios/workshops, currently occupied by long term artists and ''maker'' tenants on an at-will basis. The owner...Located in South Portland's Ligonia neighborhood, this is a unique opportunity to purchase a turnkey 7-unit residential apartment building and a 5,582 SF flex building, currently with 7-commercial tenants. The apartment building is in great condition, with many renovated units, two newer boilers, a brand-new deck, fresh paint and replacement windows. The flex building is divided into 7 studios/workshops, currently occupied by long term artists and ''maker'' tenants on an at-will basis. The owner occupies one of the commercial units as a workshop and can either remain as a tenant or vacate for a new owner. This property is ideal as a fully occupied investment or for an owner-user seeking shop space while offsetting occupancy costs with rental income.
  1. Listed by Briton Vitalius • Vitalius Real Estate Group, LLC
  2. Listed by Christopher Sullivan • Vitalius Real Estate Group, LLC

Property Details for 280 Lincoln Street

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage
No
Zoning
A
LISTING UPDATED: 10/29/2024 01:33 PM

Property Details for 280 Lincoln Street

StatusActive
MLS #1599566
Days on Market85
Taxes$13,892 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.69 AC / 30,056 SF
CountyCumberland County

Building Information for 280 Lincoln Street

Stories-Residences14Year Built1900Building Size-Lot Size0.69 AC / 30,056 SF

Property Information for 280 Lincoln Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 3534
  • Town: South Portland
  • State/Province: ME
  • Zip Code: 04106
  • County: Cumberland
  • Geo Latitude: 43.633326
  • Geo Longitude: -70.283253
  • Tax Lot: 106
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
Parking
  • Parking Features: 11 - 20 Spaces, Gravel, Paved
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 60158
  • Tax Map Number: 032
  • Tax Year: 2024
  • Parcel Number: SPOR-000032-000000-000106
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $13,892.00
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 9854.0
  • Lot Size Acres: 0.69
  • Source of Acreage: Public Records
  • Building Area Total: 9854.0
  • Lot Size Area: 0.69
  • Lot Size Units: Acres
  • Lot Size Square Feet: 30056.4
  • Bathrooms Full: 7
  • Bathrooms Half: 0
  • Street Number: 280
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Gravel: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding, Clapboard, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Flat, Shingle
Interior Features
  • Basement: Interior Entry, Unfinished
  • Flooring: Laminate, Concrete
  • Cooling: None
  • Heating: Baseboard
  • Bathrooms Total (Integer): 7
  • Bathrooms Total (Decimal): 7.00
  • Bathrooms Total (Notational): 7.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $162,000.00
  • Operating Expenses: $50,823.00
Multi-Family Information
  • Number of Units: 14
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,275.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,200.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,500.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 4.00
  • Unit 3:# of Bedrooms: 2.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: First
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $1,300.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 3.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: Yes
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: Second
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $1,200.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 3.00
  • Unit 5:# of Bedrooms: 1.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 6
  • Unit 6:Lease: No
  • Unit 6:Level: Second
  • Unit 6:Security Deposit: No
  • Unit 6:Monthly Rent: $.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 4.00
  • Unit 6:# of Bedrooms: 2.00
  • Unit 6:Dedicated Electric Meter: Yes
  • Unit 6:Dedicated Gas Meter: No
  • Unit 6:Dedicated Water Heater: No
  • Unit 6:Electric: No
  • Unit 6:Heat: Yes
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit 7
  • Unit 7:Lease: Yes
  • Unit 7:Level: Second
  • Unit 7:Security Deposit: Yes
  • Unit 7:Monthly Rent: $1,300.00
  • Unit 7:# Full Baths: 1.00
  • Unit 7:# Half Baths: .00
  • Unit 7:# of Rooms: 3.00
  • Unit 7:# of Bedrooms: 1.00
  • Unit 7:Dedicated Electric Meter: Yes
  • Unit 7:Dedicated Gas Meter: No
  • Unit 7:Dedicated Water Heater: No
  • Unit 7:Electric: No
  • Unit 7:Heat: Yes
  • Unit 7:Range: Yes
  • Unit 7:Refrigerator: Yes
  • Unit 7:Sewer: Yes
  • Unit 7:Water: Yes
Unit 8
  • Unit 8:Lease: Yes
  • Unit 8:Level: First
  • Unit 8:Security Deposit: Yes
  • Unit 8:Monthly Rent: $650.00
  • Unit 8:# Full Baths: .00
  • Unit 8:# Half Baths: .00
  • Unit 8:# of Rooms: 1.00
  • Unit 8:# of Bedrooms: .00
  • Unit 8:Dedicated Electric Meter: Yes
  • Unit 8:Dedicated Gas Meter: No
  • Unit 8:Dedicated Water Heater: No
  • Unit 8:Electric: No
  • Unit 8:Heat: No
  • Unit 8:Range: No
  • Unit 8:Refrigerator: No
  • Unit 8:Sewer: Yes
  • Unit 8:Water: Yes
Unit 9
  • Unit 9:Lease: Yes
  • Unit 9:Level: First
  • Unit 9:Security Deposit: Yes
  • Unit 9:Monthly Rent: $975.00
  • Unit 9:# Full Baths: .00
  • Unit 9:# Half Baths: .00
  • Unit 9:# of Rooms: .00
  • Unit 9:# of Bedrooms: 1.00
  • Unit 9:Dedicated Electric Meter: Yes
  • Unit 9:Dedicated Gas Meter: No
  • Unit 9:Dedicated Water Heater: No
  • Unit 9:Electric: No
  • Unit 9:Heat: No
  • Unit 9:Range: No
  • Unit 9:Refrigerator: No
  • Unit 9:Sewer: Yes
  • Unit 9:Water: Yes
Unit 10
  • Unit 10:Lease: Yes
  • Unit 10:Level: Second
  • Unit 10:Security Deposit: Yes
  • Unit 10:Monthly Rent: $.00
  • Unit 10:# Full Baths: .00
  • Unit 10:# Half Baths: .00
  • Unit 10:# of Rooms: 1.00
  • Unit 10:# of Bedrooms: .00
  • Unit 10:Dedicated Electric Meter: Yes
  • Unit 10:Dedicated Gas Meter: No
  • Unit 10:Dedicated Water Heater: No
  • Unit 10:Electric: No
  • Unit 10:Heat: No
  • Unit 10:Range: No
  • Unit 10:Refrigerator: No
  • Unit 10:Sewer: Yes
  • Unit 10:Water: Yes
Unit 11
  • Unit 11:Lease: Yes
  • Unit 11:Level: First
  • Unit 11:Security Deposit: Yes
  • Unit 11:Monthly Rent: $650.00
  • Unit 11:# Full Baths: .00
  • Unit 11:# Half Baths: .00
  • Unit 11:# of Rooms: 1.00
  • Unit 11:# of Bedrooms: .00
  • Unit 11:Dedicated Electric Meter: Yes
  • Unit 11:Dedicated Gas Meter: No
  • Unit 11:Dedicated Water Heater: No
  • Unit 11:Electric: No
  • Unit 11:Heat: No
  • Unit 11:Range: No
  • Unit 11:Refrigerator: No
  • Unit 11:Sewer: Yes
  • Unit 11:Water: Yes
Unit 12
  • Unit 12:Lease: Yes
  • Unit 12:Level: First
  • Unit 12:Security Deposit: Yes
  • Unit 12:Monthly Rent: $350.00
  • Unit 12:# Full Baths: .00
  • Unit 12:# Half Baths: .00
  • Unit 12:# of Rooms: 1.00
  • Unit 12:# of Bedrooms: .00
  • Unit 12:Dedicated Electric Meter: Yes
  • Unit 12:Dedicated Gas Meter: No
  • Unit 12:Dedicated Water Heater: No
  • Unit 12:Electric: No
  • Unit 12:Heat: No
  • Unit 12:Range: No
  • Unit 12:Refrigerator: No
  • Unit 12:Sewer: Yes
  • Unit 12:Water: Yes
Unit 13
  • Unit 13:Lease: No
  • Unit 13:Level: First
  • Unit 13:Security Deposit: No
  • Unit 13:Monthly Rent: $.00
  • Unit 13:# Full Baths: .00
  • Unit 13:# Half Baths: .00
  • Unit 13:# of Rooms: 1.00
  • Unit 13:# of Bedrooms: .00
  • Unit 13:Dedicated Electric Meter: Yes
  • Unit 13:Dedicated Gas Meter: No
  • Unit 13:Dedicated Water Heater: No
  • Unit 13:Electric: No
  • Unit 13:Heat: No
  • Unit 13:Range: No
  • Unit 13:Refrigerator: No
  • Unit 13:Sewer: Yes
  • Unit 13:Water: Yes
Unit 14
  • Unit 14:Lease: Yes
  • Unit 14:Level: Second
  • Unit 14:Security Deposit: Yes
  • Unit 14:Monthly Rent: $800.00
  • Unit 14:# Full Baths: .00
  • Unit 14:# Half Baths: .00
  • Unit 14:# of Rooms: 1.00
  • Unit 14:# of Bedrooms: .00
  • Unit 14:Dedicated Electric Meter: Yes
  • Unit 14:Dedicated Gas Meter: No
  • Unit 14:Dedicated Water Heater: No
  • Unit 14:Electric: No
  • Unit 14:Heat: No
  • Unit 14:Range: No
  • Unit 14:Refrigerator: No
  • Unit 14:Sewer: Yes
  • Unit 14:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 12
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 280 Lincoln Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 280 Lincoln Street

Taxable ValueLand$284,300Additions$607,600Total$891,900
Tax Record2023$12,611 ($1,051 / month)
Home Facts
Total Finished SqFt4,272 SqFtAbove Grade Finished SqFt4,272 SqFtLot Size30,056 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900ZoningZCountyCUMBERLANDAPNSPOR M:032 L:106

Schools near 280 Lincoln Street

This home is within South Portland Public Schools.
Rating
School
Type
Grades
Distance
James Otis Kaler Elementary School
Public - PK to 4
Memorial Middle School
Public - 6 to 8
South Portland High School
Public - 9 to 12
Greater Portland Christian School
Private - PK to 12
Rating
School
Distance
James Otis Kaler Elementary School
PublicPK to 4

Memorial Middle School
Public6 to 8

South Portland High School
Public9 to 12

Greater Portland Christian School
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 280 Lincoln Street, South Portland, ME 04106

280 Lincoln Street is a multi-family home for sale in South Portland, ME 04106. This property was listed for sale on August 6, 2024 by Vitalius Real Estate Group, LLC, it's currently listed at $1,475,000. This listing's school district is South Portland Public Schools. Nearby schools include James Otis Kaler Elementary School, Memorial Middle School and South Portland High School. 280 Lincoln Street is a 10-bed, 7-bath, 9,854 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vitalius Real Estate Group, LLC

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.