About this home
Fantastic investment opportunity! Get in on the Washington Street revitalization that has already started and likely to make the adjacent properties which surround "Tavata" SOAR in value! Tavata a new 7 story, 325+ housing unit complex with street level commercial space is currently being built directly across the street. Also worth noting, is an approved 7 story building containing 87 micro-apartments on the corners of Washington and Congress, just a couple blocks away. The re-zoning of this section of Washington Ave in the last couple years from B-1 to B-2B greatly expands the vertical limits of new or existing development. You're essentially investing in the building itself and the air-rights overhead! This legendary building has been home to District 1, Post 25 AMVETS since 1953 (73 years). This 7600+sq' building has a cozy vibe with picture windows offering a Peek-a-boo view of Back Bay and the Portland city skyline facing West with incredible sunsets. All offers should be in by Monday, October 26th and will be reviewed and considered.
Listing last checked: Listing updated:
Listed by Listing Agent · StartPoint Realty · MLS #1681505
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Details at a glance
Interior2 property facts
- Heating
- Baseboard, Hot Water
- Cooling
- Wall Unit(s)
Building3 property facts
- Style
- Retail
- Foundation
- Slab
- Roof
- Composition, Membrane
Land & utilities4 property facts
- Lot size
- 0.09 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- B-2b
Location
Estimated monthly cost
Explore costs at the $990,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,006 / monthAdjust
- Principal & interest
- $5,006
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. HOA amount was not supplied.
Partial estimate: add property tax, 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 186 Washington Avenue
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Request a tour of 186 Washington Avenue 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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