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1 Horton Place

Portland, ME 04102
  • $499,900
  • STATUS: Active
  • MLS #: 1572453
UPDATED: 68 min ago
$499,900
  • 0
    BEDS
  • 0.02
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,460
    SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

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Description

Welcome to an easily managed duplex in Downtown Portland. This property features two 2-bedroom townhouse-style units with one bathroom each. Both apts are occupied but apt 2 can be given vacant at closing. Both units have recently undergone extensive renovations, including upgrades such as new gas heaters, flooring, kitchens, bathrooms, repaint and more. With rental income, this property presents an appealing investment opportunity. Alternatively, it's an excellent choice for owner-occupants looking to significantly offset their mortgage expenses with rental income from the other unit. Beyond the financial advantages, this duplex is in prime location on the Peninsula places you in a dynamic neighborhood within walking distance of the renowned Art District, historic Old Port, esteemed Maine Medical Center, and USM. Embrace the thriving local culture and enjoy the abundant amenities this diverse location have to offer.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-22T08:50:47.937.
www.davidmarshallteam.com/homes/143535318
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1 Horton Place Portland, ME 04102

  • Price: $499,900
  • Status: Active
  • On Site: Days
  • Updated: 68 min ago
  • MLS #: 1572453
0
Beds
2
Baths
0
½ Baths
0.02
Acres
1,460
SQFT
$342
$/SQFT
1900
Built
County:
Cumberland
Area:
Portland
Property Description
Welcome to an easily managed duplex in Downtown Portland. This property features two 2-bedroom townhouse-style units with one bathroom each. Both apts are occupied but apt 2 can be given vacant at closing. Both units have recently undergone extensive renovations, including upgrades such as new gas heaters, flooring, kitchens, bathrooms, repaint and more. With rental income, this property presents an appealing investment opportunity. Alternatively, it's an excellent choice for owner-occupants looking to significantly offset their mortgage expenses with rental income from the other unit. Beyond the financial advantages, this duplex is in prime location on the Peninsula places you in a dynamic neighborhood within walking distance of the renowned Art District, historic Old Port, esteemed Maine Medical Center, and USM. Embrace the thriving local culture and enjoy the abundant amenities this diverse location have to offer.
Exterior Features

Architectural Style DuplexMulti-LevelTownhouse Attached Garage YN No Construction Materials Vinyl SidingWood Frame Foundation Details Brick/Mortar Garage YN No Lot Features SidewalksIntownNear ShoppingNear TownNeighborhoodNear Public Transit Parking LeasedOn StreetOff Site Parking Features No DrivewayLeasedOff SiteOn Street Roof Shingle Water View No Waterfront YN No

Interior Features

Above Grade Finished Area 1300 Basement PartialExterior EntryDoghouseBulkheadUnfinished Below Grade Finished Area 160 Cooling None Cooling YN No Flooring Vinyl Heating Direct Vent Heater Heating YN Yes Interior Features Furniture Included

Property Features

Association YN No Electric Circuit Breakers Gross Income 5970 Land Lease YN No Operating Expense 8585.51 Property Seasonal No Sewer Public Sewer Tax Annual Amount 5409.51 Tax Year 2023 Utilities Utilities On Water Source Public Zoning R6

Maine Real Estate Information Systems logo Listing provided courtesy of Real Broker: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-22T08:50:47.937.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.