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16 Gilman Street

Portland, ME 04102
  • $950,000
  • STATUS: Active
  • MLS #: 1547454
$950,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,902
    SQFT
Type:
Multi-Family
Built:
1912
County:
Area:

School Ratings & Info

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Description

West End 6 unit ideally located next door to Maine Medical Center on a dead end street just steps from the park entrance and the Western Prom. Being located across the street from a wooded area and next to the park makes it hard to believe this is located on the coveted downtown peninsula and just a short walk to Hadlock Field, the Expo, Union Station Plaza and many area shops and restaurants. 1 mile from University of Southern Maine, 3 miles from the Portland Jetport and next door to the hospital all make this a highly desirable and easily rented apartment building. The property has vinyl siding, new rear decks, new front entry stairs and new side walkways plus a brand new roof in 2019. Natural gas heat and updated and separated electrical panels. means tenants pay for their own heat and electricity. All the major work has been done. These units feature hardwood floors, period moldings and high ceilings. Most have updates in the kitchens and baths but some units could benefit from cosmetic upgrades and potential layout changes. Situated on 5767 sq. ft lot in an R6 zone. Potential for expansion of existing units especially in the huge basement level area or possibly adding unit(s). both 6 and 8 units are referenced in the town records. It is recommended that buyers check with the city directly about any possible changes to what exists currently. Some long term tenants in place with rents well below market.

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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.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-01-30T23:48:07.243.
www.linscottrealestate.com/homes/134521250
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16 Gilman Street Portland, ME 04102

  • Price: $950,000
  • Status: Active
  • On Site: Days
  • MLS #: 1547454
0
Beds
0
Baths
0
½ Baths
0.13
Acres
4,902
SQFT
$194
$/SQFT
1912
Built
County:
Cumberland
Area:
Portland
Property Description
West End 6 unit ideally located next door to Maine Medical Center on a dead end street just steps from the park entrance and the Western Prom. Being located across the street from a wooded area and next to the park makes it hard to believe this is located on the coveted downtown peninsula and just a short walk to Hadlock Field, the Expo, Union Station Plaza and many area shops and restaurants. 1 mile from University of Southern Maine, 3 miles from the Portland Jetport and next door to the hospital all make this a highly desirable and easily rented apartment building. The property has vinyl siding, new rear decks, new front entry stairs and new side walkways plus a brand new roof in 2019. Natural gas heat and updated and separated electrical panels. means tenants pay for their own heat and electricity. All the major work has been done. These units feature hardwood floors, period moldings and high ceilings. Most have updates in the kitchens and baths but some units could benefit from cosmetic upgrades and potential layout changes. Situated on 5767 sq. ft lot in an R6 zone. Potential for expansion of existing units especially in the huge basement level area or possibly adding unit(s). both 6 and 8 units are referenced in the town records. It is recommended that buyers check with the city directly about any possible changes to what exists currently. Some long term tenants in place with rents well below market.
Exterior Features

Color White Construction Wood Frame Driveway No Driveway Exterior Vinyl Siding Foundation Materials Brick/MortarStone Parking No ParkingOn Street Road Frontage Or More 50.00 Roads PavedPublic Site Rolling/SlopingSidewalks Vehicle Storage No Vehicle Storage View Trees/Woods Water Info Water Frontage No Water Info Water View No

Interior Features

Basement FullUnfinished Floors Wood Units Number Of1 Bd Units 4 Units Number Of2 Bd Units 0 Units Number Of3 Bd Units 1 Units Number Of4 Or More Bd Units 1

Property Features

Amenities DeckFenceLaundry - HookupShowerStorage Building Info Number Floors 2 Building Info Number Heating Units 6 Building Info Number Stories 2 Building Info Number Water Heaters 1 Cooling None Electric Circuit Breakers Equipment CableInternet Access Available Full Tax Amount Amount 12620.00 Gas Natural - On Site Heat Fuel Gas Natural Heat System Direct Vent Heater Leased Land No Location IntownNear Shopping Lot 19 Restrictions No Restrictions Seasonal No Sewer Public Sewer Sqft Finished Above Grade 4902.00 Sqft Finished Below Grade 0.00 Sqft Source Public Records Style ColonialMulti-Level Surveyed Yes Tax Year 2021 Water Public Zoning R6 Zoning Overlay Unknown

Maine Real Estate Information Systems logo Listing provided courtesy of Keller Williams Realty: [IDXCONTACTINFORMATION].

© 2023 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.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-01-30T23:48:07.243.
 
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Linscott Real Estate
22 Cottage Road
South Portland ME, 04106
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