450 Cumberland AVE

Portland,ME 04101

$ 850000

- Bed

4 Baths

3136 SqFt


Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Square Footage 3,136 sqft

Price per Sqft $271

MLS Listing ID 1623551

Style Victorian

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,136

Year Built 1900

Annual Tax Amount $13,293

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Source Maine Listings

Land Area 3136

Property Description

This classic brick 4-unit building offers timeless charm and unbeatable location in one of Portland's most vibrant downtown neighborhoods. Featuring four well-maintained 1-bedroom, 1-bath apartments, this property is ideal for both investors and owner-occupants seeking strong rental potential. Each unit showcases original architectural details including elegant moldings, vintage fireplaces, and hardwood flooring, adding warmth and character throughout. The third-floor unit enjoys exclusive access to a private roof deck—perfect for relaxing or entertaining with city views. Additional amenities include coin-operated laundry in the basement for tenant convenience and a low-maintenance brick exterior. Just steps from restaurants, shops, the arts district, and all downtown Portland amenities, this is a rare opportunity to own a piece of the city with steady income and long-term upside. Don't miss your chance to invest in one of Portland's most desirable urban locations!

Location

State ME

County Cumberland

Zoning Res

Rooms

Basement Interior,Walk-Out Access,Brick/Mortar,Finished

Interior

Interior Features Bathtub,Shower

Heating Hot Water,Baseboard

Cooling None

Flooring Wood,Vinyl,Tile,Carpet

Fireplaces Number 2

Equipment Internet Access Available

Fireplace Yes

Laundry Laundry - Coin

Exterior

Parking Features 1 - 4 Spaces,Paved,Off Street

Utilities Available 1

View Y/N No

Roof Type Fiberglass,Membrane,Slate

Street Surface Paved

Garage No

Garage No

Building

Lot Description Level,Sidewalks,Intown,Near Public Beach,Near Shopping,Near Turnpike/Interstate,Near Public Transit

Story 3

Foundation Stone,Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Victorian

Structure Type Brick,Masonry

Others

Restrictions Unknown

Energy Description Gas Natural

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