$1,025,000
Introducing 527 Cumberland Ave. A meticulously maintained three-unit property in the heart of Portland's vibrant peninsula offering an exceptional blend of character, flexibility, and strong rental appeal. With private entrances, tandem off-street parking, a shared courtyard, and two townhouse-style apartments plus a bright top-floor unit, this opportunity is ideal for… Read More investors and owner-occupants alike. Pride of ownership is evident throughout, highlighted by classic Portland charm and tasteful updates. Sunlight fills the interiors, showcasing warm hardwood floors, modern finishes, and comfortable, functional living spaces. Bathrooms feature tile showers, and a large basement provides valuable storage for residents. Each unit offers an inviting layout well suited for today's lifestyles. Two of the apartments live like townhomes, delivering separation of space and a single-family feel that residents love. The upper unit offers cozy architectural lines, skylights, and abundant natural light, creating a peaceful retreat above the city. Located in Portland's desirable Parkside neighborhood near Deering Oaks Park, the interstate, and award-winning restaurants, occupants can enjoy convenience while being close to some of the city's best amenities. The courtyard provides room to gather, grill, or relax, a rare bonus for an in-town property. Off-street tandem parking adds everyday ease and long-term value. Whether you are expanding your portfolio or planning to live in one unit while generating income from the others, 527 Cumberland Ave presents a compelling combination of location, lifestyle, and investment potential. Read Less
Courtesy of Keller Williams Realty 207-879-9800
Listing Snapshot
Days Online
15
Last Updated
Full Baths
3
Square Ft.
3,372
Lot Size
0.08 Acres
Year Built
1881
MLS Number
1652719
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Walk-Out Access", "Full", "Exterior Only", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 3,372, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 3, Year Built: 1881, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $26,576
Exterior Features
Other Equipment: "Internet Access Available", Patio And Porch Features: "Deck", "Porch", Patio And Porch Features: "Deck", "Porch"
Fireplaces
Building includes fireplace, 1 total fireplace
Floors
Flooring: "Wood", "Tile", "Laminate"
Foundation
Foundation Details: "Stone", "Brick/Mortar"
Heating
Heating: "Zoned", "Hot Water", "Forced Air", "Baseboard", Heating Included
Income
Gross Income: $102,007
Laundry
Features: "Washer Hookup"
Lot
Features: "Sidewalks", "Intown", "Near Shopping", "Near Turnpike/Interstate", "Near Public Transit", 0.08 acres, Area: 0.08, 3,485 square feet
Parking
Features: "1 - 4 Spaces", "Gravel", "On Site", "Off Street"
Property
Parcel Number: PTLD-000048-E000024-000001, Zoning: RN-4
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $11,652, Tax Lot: 24
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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