$2,255,000

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47 Cumberland Avenue, Portland, ME, 04101

47 Cumberland Avenue, Portland, ME, 04101
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1884

882 sqft

The site is currently home to a modest single family home (47 Cumberland) and a large open and level lot at the end of Sumner Ct (an improved private road just off North St). The building envelope is large, open, level and elevated affording expansive city skyline, Back Cove and White Mountain views. At a combined .31 acres or +/-13,590 sq/ft +/- the total possible unit count is 15 and the non-historic district, R6 Munjoy Hill Overlay zoning ensures the reimagine/redevelopment process will be streamlined. The options are many and the opportunities near limitless. From living in the single family with your very own urban oasis / orchard in the backyard to building a 1-2-3 family with your deluxe owners unit on the upper level to buy and pursue a mid to large scale development of condos, apartments of a mix... There is also more land and an adjacent 6 unit available for the investor/developer that might want more/more options. Opportunity is knocking!

Status:

Active

Type:

Commercial

Zoning:

R6/ Munjoy Hill NCOD

Complex:

Munjoy Hill / East End

Heating:

Multi-Zones, Hot Water

Cooling:

None

Basement:

Full, Unfinished

Parking:

1 - 4 Spaces, On Site, Off Street, Tandem

Acreage:

0.31

Est. Taxes:

$5,569

Construction

Vinyl Siding, Wood Frame

Lot Description:

Rail Available, Public Transport Access, Near Turnpike/Interstate, Near Airport, Downtown, Near Shopping

Amenities:

Storage

MLS #:

1591632

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Benchmark Real Estate