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56 Federal Street, Portland, ME 04101
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$1,499,000
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Home Details for 56 Federal Street
Price
$1,499,000
Type
multi family
Total Bathrooms
6.0
Full Bathrooms
6.0
Year Build
1907
Sq. Ft.
6672
Lot Size
0.08
County
Cumberland
Basement
Dirt Floor, Full, Interior Entry, Unfinished
Tax
$18,541
MLS®️ Listing#
1593947
Property Description
Welcome to 56-58 Federal Street, ideally positioned between Portland's Munjoy Hill neighborhood and the Old Port area, right in the heart of the city's central business district. This six-unit property presents an exceptional investment opportunity in one of Portland's most coveted locations. Tenants cover their own heating and electricity expenses. The roof, featuring a durable rubber membrane, was replaced just five years ago, and a state-of-the-art on-demand hot water heater was installed in 2022. Imagine residing moments away from the Eastern Promenade, offering stunning vistas of Casco Bay, East End Beach, and a convenient boat launch, all seamlessly connected to the Eastern Trail. Nearby, within a half-mile radius, you'll find a vibrant array of neighborhood restaurants, cafes, music venues, and cultural hotspots. Maine Law School is located .5 mile away and USM and UNE are within 2 miles. Enjoy easy access to an eclectic mix of breweries, boutiques, and eateries that define Portland's dynamic cultural scene. Embrace the lively pace of urban living and relish the myriad amenities of in-town life. Showing Time for group showings on 6/20 & 6/21 11:00 am-1:00 pm. Showings by appointment 10:00 am - 5:00 pm after 6/23.
- Basement
- Dirt Floor
- Full
- Interior Entry
- Unfinished
- House Interior
- 1st Floor Bedroom
- Shower
- Walk-In Closet(s)
- Heating Information
- Heat Pump
- Direct Vent Heater
- Cooling Information
- Heat Pump
- Water Features
- Public
- Utilities
- Utilities On
Listing courtesy: Portside Real Estate Group - 207-619-7571
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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.
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