1 Sumner Ct - Apartments FOR SALE


Portland, ME 04101- East End
$1,495,000 USD
207-775-0248
1 Sumner Ct, Portland, ME for Sale
$1,495,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1 Sumner Ct
Portland, ME 04101
East End


HIGHLIGHTS

  • This elevated site and six unit building offer some very rare opportunities.
  • Parking for six is available.
  • The property can be combined with 47 Cumberland Ave (single family on +/-.31 areas)

OVERVIEW

With expansive city skyline, sunset, Back Cove and Mount Washington views, this elevated site and six unit building offer some very rare opportunities. This 'secret' location is one you likely never knew existed and is just outside the very center of Portlan's East End. Just two blocks from the hip and happening inner Washington Ave, a few blocks from the Eastern Prom and Old Port locations don't come more desirable or convenient.. As you pull off North St, you seem to enter another world - or, more accurately - step back in time. It's remarkable that this peaceful place exists in one of Maine's most populated areas. Outside, there is parking for six. Upper levels offer sensational city and sunset views, and the roof is ready for more. The property can be combined with 47 Cumberland Ave (single family on +/-.31 areas). There are multi-families, and then there are investment opportunities - this is both, and the possibilities are only limited by your imagination. Shown by appointment Monday - Friday between 10AM and 4PM.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1-3 Sumner Court Portland

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,879 SF

ZONING

-

APN/PARCEL ID

PTLD-000013-000000-K050001

ASK ABOUT THIS PROPERTY

Tom LandryBenchmark Real EstateMore Info
207-775-0248

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Tom LandryBenchmark Real EstateMore Info
207-775-0248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.