450 Cumberland Avenue
Portland, ME 04101
Baths
4
Square Ft.
3,136
$850,000
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… Read More 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! Read Less
Courtesy of Keller Williams Realty 207-553-2400, .
Listing Snapshot
Days Online
89
Last Updated
Full Baths
4
Square Ft.
3,136
Lot Size
0.06 Acres
Year Built
1900
MLS Number
1623551
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Walk-Out Access", "Brick/Mortar", "Finished"
Building
Architectural Style: "Victorian", Building Area Total: 3,136, Construction Materials: "Brick", "Masonry", Number Of Units Total: 4, Year Built: 1900, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $25,256
Exterior Features
Other Equipment: "Internet Access Available"
Fireplaces
Building includes fireplace, 2 total fireplaces
Floors
Flooring: "Wood", "Vinyl", "Tile", "Carpet"
Foundation
Foundation Details: "Stone", "Brick/Mortar"
Heating
Heating: "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $71,304
Interior Features
Features: "Bathtub", "Shower"
Laundry
Features: "Laundry - Coin"
Lot
Features: "Level", "Sidewalks", "Intown", "Near Public Beach", "Near Shopping", "Near Turnpike/Interstate", "Near Public Transit", 0.06 acres, Area: 0.06, 2,614 square feet
Parking
Features: "1 - 4 Spaces", "Paved", "Off Street"
Property
Parcel Number: PTLD-000046-B000003-000001, Zoning: Res
Roof
Roof: "Fiberglass", "Membrane", "Slate"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $13,293, Tax Lot: 3
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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