About this home
- Great opportunity to acquire a well-located six-unit multifamily property in Portland's highly desirable West End, just off Congress Street and adjacent from Maine Medical Center. - 5,766± SF multi-family offering a variety of 1-3 bedrooms with significant value-add potential through rental upside and future unit improvements. - Sale Price: $1,100,000
Listing last checked: Listing updated:
Listed by Listing Agent · Porta & Company · MLS #1670795
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Details at a glance
Interior3 property facts
- Heating
- Gas Natural,Direct Vent Heater
- Cooling
- None
- Flooring
- Wood
Building4 property facts
- Style
- Other
- Year built
- 1912
- Foundation
- Brick/Mortar
- Roof
- Flat
Land & utilities4 property facts
- Lot size
- 0.13 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RN-4
Financial2 property facts
- Annual taxes
- $12,755
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$6,625 / monthAdjust
- Principal & interest
- $5,562
- Property tax
- $1,063
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $12,755. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 16 Gilman Street
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Request a tour of 16 Gilman Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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