43 Magnolia Street

Portland, ME 04103

$595,000
Price
3
Beds
2
Baths
1,374 Sq. Ft.
$433 / Sq. Ft.
1,374
Sq. Ft.
$433
per Sq. Ft.

Description

Welcome to 43 Magnolia St Portland! This New Englander style, 2 unit home has a level, tree lined and partially fenced in yard sitting on a dead end road. The first floor offers 2 bedrooms, 3/4 bath and second floor offers 1 bed, 3/4 bath. Each unit offers modern updates as well. There is plenty of parking space, and a small yard to enjoy with not a lot of upkeep needed. Great investment opportunity or to counter your own mortgage expense with the additional rental unit.Welcome to 43 Magnolia St Portland! This New Englander style, 2 unit home has a level, tree lined and partially fenced in yard sitting on a dead end road. The first floor offers 2 bedrooms, 3/4 bath and second floor offers 1 bed, 3/4 bath. Each unit offers modern updates as well. There is plenty of parking space, and a small yard to enjoy with not a lot of upkeep needed. Great investment opportunity or to counter your own mortgage expense with the additional rental unit.
  1. Listed by Angela Lee • Keller Williams Realty • 207-754-4221

Property Details for 43 Magnolia Street

Waterfront
No
ArchitecturalStyle
New Englander
Garage
No
Zoning
Residential
LISTING UPDATED: 09/21/2024 02:24 AM

Property Details for 43 Magnolia Street

StatusActive
MLS #1601486
Days on Market29
Taxes$4,956 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1910
Lot Size0.34 AC / 14,810 SF
CountyCumberland County

Building Information for 43 Magnolia Street

Stories-Residences2Year Built1910Building Size-Lot Size0.34 AC / 14,810 SF

Property Information for 43 Magnolia Street

Summary
Location and General Information
  • Zip Code: 3529
  • Directions: GPS friendly From Allen Ave Portland, turn onto Woodlawn Ave, Then right onto Magnolia St, property is on the right.
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04103
  • County: Cumberland
  • Geo Latitude: 43.690317
  • Geo Longitude: -70.291649
  • Tax Lot: 13 & 15
  • Site:Level: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Neighborhood: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 36119
  • Tax Block: G
  • Tax Map Number: 435
  • Tax Year: 2023
  • Parcel Number: PTLD-000435-G000015-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,956.00
School Information
  • School District: Portland Public Schools
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1374.0
  • Lot Size Acres: 0.34
  • Source of Acreage: Public Records
  • Building Area Total: 1374.0
  • Lot Size Area: 0.34
  • Lot Size Units: Acres
  • Lot Size Square Feet: 14810.4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 43
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Tan/Off white
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Deed Member Only, Other Member Only, Other Member Only 2, Lead Paint Addendum Member Only, Property Disclosure Member Only, Other Member Only 3
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1910
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other Exterior, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Full, Walk-Out Access, Exterior Only, Unfinished
  • Flooring: Wood, Tile, Laminate
  • Interior Features: 1st Floor Bedroom, Shower
  • Cooling: None
  • Heating: Direct Vent Heater, Baseboard
  • Foundation Details: Block
  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $36,600.00
  • Operating Expenses: $7,464.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: Yes
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: Yes
  • Unit 1:Heat: No
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $.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: Yes
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 43 Magnolia 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 43 Magnolia Street

Taxable ValueLand$62,300Additions$275,600Total$337,900
Tax Record2023$4,869 ($406 / month)
Home Facts
Baths2Total Finished SqFt1,374 SqFtAbove Grade Finished SqFt1,374 SqFtStories2Lot Size7,636 SqFtStyleDuplexYear Built1910CountyCUMBERLANDAPNPTLD M:435 B:G015001

Schools near 43 Magnolia Street

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gerald E Talbot Community School
PublicPK to 5

Lyman Moore Middle School
Public6 to 8

Casco Bay High School
Public9 to 12

Deering High School
Public9 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.

Similar Homes

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43 Magnolia Street is a multi-family home for sale in Portland, ME 04103. This property was listed for sale on August 23, 2024 by Keller Williams Realty, it's currently listed at $595,000. It has been on the market for a total of 29 days and was last sold on October 25, 2019. This listing's school district is Portland Public Schools. Nearby schools include Gerald E Talbot Community School, Lyman Moore Middle School and Casco Bay High School. 43 Magnolia Street is a 3-bed, 2-bath, 1,374 sqft multi-family home built in 1910.

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 Keller Williams Realty

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.