Portland
$1,580,000
272 State Street
mls: 1666398
Bathrooms: 7
Year Built: 1894
Sq Footage: 4,454
Lot Size: 0.12
Taxes: $15,255
Status: Active

Originally constructed in 1894 and recognized by Greater Portland Landmarks as the John Howard Hill House, this well-maintained seven-unit brick investment property combines historic character with modern updates in a prime Portland location near Maine Medical Center, the University of Southern Maine, and downtown Portland.

Listed by: RE/MAX Shoreline

Originally constructed in 1894 and recognized by Greater Portland Landmarks as the John Howard Hill House, this well-maintained seven-unit brick investment property combines historic character with modern updates in a prime Portland location near Maine Medical Center, the University of Southern Maine, and downtown Portland. This property offers seven spacious apartments, including one efficiency unit, with strong rental appeal and long-term upside. Recent improvements include two new toilets, four new bathroom vanities, a new sink, a new refrigerator, and a new stove. All units feature keyless entry systems, providing added convenience for tenants and streamlined management for ownership. Solid brick construction contributes to low-maintenance ownership, while the property's desirable location continues to attract tenants seeking proximity to major employers, educational institutions, and Portland's restaurants, shops, and amenities. The property also includes four off-street parking spaces, generating an additional $4,800 in annual income. An opportunity to acquire a historic multifamily asset with strong fundamentals, additional income potential, and a proven location in one of Portland's most established rental corridors

Listed by: RE/MAX Shoreline

Above Grade Finished Area
4454.00
Accessibility Features
Appliances
Architectural Style
Other, Victorian
Basement
Bulkhead, Full
Bathrooms Full
7
Bathrooms Total Integer
7
Below Grade Finished Area
0.00
Body Type
Building Area Total
4454.00
Construction Materials
Masonry, Brick
Cooling
None
Electric
Circuit Breakers
Exterior Features
Flooring
Tile, Wood
Foundation Details
Brick/Mortar
Garage Spaces
0.00
Green Energy Efficient
Water Heater, Thermostat
Heating
Gas Natural, Baseboard, Hot Water
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Sidewalks
Lot Size Acres
0.1200
Other Equipment
Other Structures
Parking Features
Common, Gravel, Paved, 5 - 10 Spaces
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Pitched, Slate
Sewer
Public Sewer
Tax Annual Amount
15255.00
Utilities
Utilities On
Water Source
Public
Waterfront Features
Year Built
1894
Zoning
R6