Portland
$1,200,000
481 Cumberland Avenue
mls: 1676051
Bathrooms: 5
Year Built: 1866
Sq Footage: 4,086
Lot Size: 0.11
Taxes: $14,292
Status: Active

Welcome to 481 Cumberland: a brick 4-unit with its own private parking lot and move-in ready units, an increasingly hard-to-find combination in Portland.

Listed by: Vitalius Real Estate Group, LLC

Welcome to 481 Cumberland: a brick 4-unit with its own private parking lot and move-in ready units, an increasingly hard-to-find combination in Portland. The largest unit is two floors with 2 bedrooms and a den, 1.5 baths, and in-unit laundry. The other three units are trendy 1 bds with lofty ceilings, hardwood floors and authentic historic details. Two of the units have been used as Short Term Rentals, generating significant income for the owners. This property will be delivered vacant, creating maximum flexibility and upside to the buyer. Owner occupants are not rent restricted by Portland's Rent Control - so the buyer can live in one unit and rent the other three at market rate.

Listed by: Vitalius Real Estate Group, LLC

Above Grade Finished Area
4086.00
Accessibility Features
Appliances
Architectural Style
Other
Basement
Doghouse, Interior Entry, Full, Unfinished, Brick/Mortar
Bathrooms Full
4
Bathrooms Total Integer
5
Below Grade Finished Area
0.00
Body Type
Building Area Total
4086.00
Construction Materials
Masonry, Brick
Cooling
None
Electric
Circuit Breakers
Exterior Features
Flooring
Tile, Wood
Foundation Details
Garage Spaces
0.00
Green Energy Efficient
Heating
Oil, Zoned, Radiator, Steam
Heating Yes/No
1
Interior Features
Laundry Features
Washer Hookup
Lot Features
Intown, Level, Open Lot, Sidewalks, Near Public Transit
Lot Size Acres
0.1100
Other Equipment
Other Structures
Parking Features
Gravel, 5 - 10 Spaces, On Site, Off Street
Patio And Porch Features
Pets Allowed
No Restrictions
Property Condition
Roof
Shingle
Sewer
Public Sewer
Tax Annual Amount
14292.00
Utilities
Water Source
Public
Waterfront Features
Year Built
1866
Zoning
RN-4