58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
58 Douglass Street
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58 Douglass Street
58 Douglass Street
58 Douglass Street
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58 Douglass Street
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58 Douglass Street
Sold

58 Douglass Street

58 Douglass Street, Portland, ME 04102

$387,500
$387,500

58 Douglass Street

2 Baths 2,462 Sq.Ft.

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Description

ATTENTION Fix & Flippers and Buy & Holders and Brokers with Fix/Flip/Investor Clients - we priced this for you! 13% CAP RATE! This is the least expensive multi-unit for sale in Portland. This property needs a renovation but the bones, layout, bedroom count, and location are 100% there to make this a viable investment with excellent cash flow. Downstairs is a large 2-bedroom layout (condition isn't bad) and upstairs is a 5 bedroom layout (this is the one that needs more work). The property is being sold AS-IS. 58 Douglass Street is conveniently located next to the massive Dougherty Park and right at the neck of the Portland Peninsula with fast access to I-295. Seller is willing to credit the buyer a significant monetary amount for lead paint abatement -- please inquire for more details.

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Location

58 Douglass Street, Portland, ME 04102

Status

Sold
Lauren Jones

Lauren Jones

Features & Amenities

Interior

  • Total bathrooms2
  • full bathrooms2
  • Flooring Wood, Vinyl, Tile, Carpet

Area & Lot

  • Status Sold
  • Living Area2,462 Sq.Ft.
  • Lot Area2,613.6 Sq.Ft.
  • MLS® ID1531854
  • TypeMulti-Family
  • YEAR BUILT1930
  • NeighborhoodPortland
  • Architecture StylesDuplex, New Englander

Exterior

  • STORIES3
  • water SourcePublic
  • utilitiesUtilities On
  • roofPitched, Shingle
  • lot featuresOpen Lot, Sidewalks, Near Shopping, Near Town, Neighborhood
  • parking1 - 4 Spaces, Common, Off Street
  • HEAT TYPEHot Water, Forced Air, Baseboard
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • SubstructureStone, Brick/Mortar

Financial

  • Sales Price$387,500
  • Real Estate Tax $4,947/yr
  • Zoning R5

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Lauren is remarkably devoted, driven, and enthusiastic about every opportunity she gets to help others achieve their goals. Every client has a unique story, and she strives to add to each of those stories in a positive and enduring way.

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Contact Details

Lauren Jones

Phone

(207) 650-9247

Email

[email protected]

Address

183 US-1 ​​​​​​​FALMOUTH ME 04105

 

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