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47 Cumberland Avenue, Portland, ME, 04101 | $2,255,000
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!
Features
- Property Type: Mixed Use
- Construction: Vinyl Siding, Wood Frame
- Parking: 1 - 4 Spaces, On Site, Off Street, Tandem
- Heating: Multi-Zones, Hot Water
- Cooling: None
- Amenities: Storage
- Zoning: R6/ Munjoy Hill NCOD
- Year Built: 1884
- Approx Sq. Feet: 882
- Acreage: 0.31
- Est. Taxes: $5,569
- Lot Desc: Rail Available, Public Transport Access, Near Turnpike/Interstate, Near Airport, Downtown, Near Shopping
- MLS#: 1591632
- Website: https://www.raveis.com
/prop/1591632/47cumberlandavenue_portland_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of Benchmark Real Estate
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