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  • $1,150,000

    197 Congress Street, Portland, ME 04101

    7beds
    3,162sqft
    Multi Family
    Built in 1989
    -- sqft lot
    $1,240,200 Zestimate®
    $364/sqft
    $-- HOA

    What's special

    Deceptively simple outside, this East End multi-family is fully furnished, turn-key, has a strong furnished-rental income history, and has a parking lot to boot! Inside is much bigger than it appears, with three 2-bedrooms units plus a full guest studio. Each unit has been renovated with a charming, coastal touch and the location is highly desirable to short, medium, and long term tenants and buyers looking to live downtown. This location might just be one of the most walkable on Portland's East Side, sitting at the intersection of Washington's ''restaurant row,'' India Street's gateway to the waterfront, Munjoy Hill's stunning park, and East End Beach. The 5,998 SF lot currently offers a large parking lot and quaint courtyard with the future potential to add additional units. The 1980's construction is a refreshingly attractive alternative to the typical 100+ year old Portland building.

    Zillow last checked: 7 hours ago

    Listing updated: January 13, 2025 at 07:08pm

    Listed by:

    Vitalius Real Estate Group, LLC

    Bought with:

    Vitalius Real Estate Group, LLC

    Source: Maine Listings,MLS#: 1550802MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Hot Water, Heat Pump, Baseboard
    Cooling
    • Heat Pump
    Appliances
    • Laundry: Laundry - Coin
    Features
    • Flooring: Wood, Tile, Laminate
    • Basement: Finished
    Interior area
    • Total structure area: 3,162
    • Total interior livable area: 3,162 sqft
    • Finished area above ground: 1,632
    • Finished area below ground: 1,530

    Property

    Parking
    • Parking features: 1 - 4 Spaces, Paved, Off Street
    Features
    • Levels: Multi/Split,Split Entry
    Lot
    • Size: 5,662 sqft
    • Features: Level, Open Lot, Sidewalks, City Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
    Details
    • Additional structures: Shed(s)
    • Parcel number: PTLDM013BM020001
    • Zoning: B1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Roof: Shingle
    Condition
    • Year built: 1989

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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