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Sold

2 Oak Street

2 Oak Street, South Portland, ME 04106

$1,275,000
Amazing historic 5 unit apartment building in desirable Ferry Village. Sale includes an additional potential building lot. Units are spacious and updated, yet full of upside potential; increase rents for even better cash flow, sell off or develop additional lot of record, possible condo conversion. Well landscaped parcel with ample paved parking. Separate forced hot water natural gas heating systems and separately metered electric services. Fantastic location with views of Portland harbor and steps to beach and dramatic views of the Portland skyline. Seller welcomes concessions to Buyer as part of an offer.

Studio

5
baths

5,246 Sq.Ft. LIVING AREA

0.37 Acres lot

Features & Amenities

Interior

  • total bedrooms0
  • Total bathrooms5
  • full bathrooms5
  • Flooring Vinyl, Tile, Carpet
  • other interior Features Shower, Storage

Area & Lot

  • Status Sold
  • Living Area5,246 Sq.Ft.
  • Total Area5,246 Sq.Ft.
  • Lot Area0.37 Acres
  • MLS® ID1602463
  • TypeMulti-Family
  • YEAR BUILT1900
  • NeighborhoodCumberland
  • Architecture StylesVictorian
  • Water FrontageOcean
  • View DescriptionScenic

Exterior

  • STORIES3
  • water SourcePublic
  • utilitiesUtilities On
  • roofShingle
  • lot featuresCorner Lot, Level, Landscaped, Near Public Beach, Near Shopping, Neighborhood, Near Public Transit
  • parking5 - 10 Spaces, Paved
  • HEAT TYPEHot Water
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • SubstructureBlock, Stone, Brick/Mortar

Financial

  • Sales Price$1,275,000
  • Real Estate Tax $9,482/yr
  • Zoning G
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Contact Details

Veronica Schneider

Phone

207-838-4034

Email

[email protected]

Address

417 US ROUTE 1 FALMOUTH ME 04105

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