Great downtown location close to Deering Oaks Park and the Arts District for this Parkside 12 unit. Well cared for by the same owner over the last 27 years. Very stable tenant/rental history. Cute units in super walkable location that appeals to tenants. Owner has made consistent improvements to units overtime. Easy management with 10 one bedrooms and 2 studio units. 11 units are occupied and 1 vacant. Expenses have been kept low by smart upgrades over time. No need to worry about landscaping and snow removal with this one either.
Closed
$1,425,000
62 Mellen Street, Portland, ME 04101
10beds
8,831sqft
Multi Family
Built in 1900
-- sqft lot
$1,623,000 Zestimate®
$161/sqft
$2,309 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 14, 2025 at 07:06pm
Listed by:
Portside Real Estate Group
Bought with:
Vitalius Real Estate Group, LLC
Source: Maine Listings,MLS#: 1565331
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Steam
Cooling
- None
Appliances
- Laundry: Laundry - Coin
Features
- Storage
- Flooring: Wood, Other
- Basement: Interior,Walk-Out Access,Unfinished
Interior area
- Total structure area: 8,831
- Total interior livable area: 8,831 sqft
- Finished area above ground: 8,831
- Finished area below ground: 0
Property
Parking
- Parking features: None, No Driveway, On Street
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
Lot
- Size: 3,049 sqft
- Features: Corner Lot, Sidewalks, City Lot, Near Shopping, Neighborhood
Details
- Zoning: R-6
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Clapboard, Wood Frame
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Fuses, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Road surface type: Paved