104 Oak Street Portland, ME

$3,850,000
Baths 29
Square Footage 14,678
Acres 0.08
Photo of 104 Oak Street Portland ME 04101




Description

104 Oak Street - a historic 1924 John Calvin Stevens designed building is available for purchase for the first time in nearly two decades. Originally constructed as a hotel, this 29-unit property features 8 studio apartments and 21 one-bedroom units. The simple unit layout and downtown location is highly rentable for an investor or a great option for businesses or organizations in need of housing for staff, students or other needs. Major updates include a new central heating and water system, central fire monitoring, fire doors, and units updated with recent turn-overs. Stacked unit layout for easy maintenance, water views from some units, on-site coin-operated laundry and excellent walkability to downtown employers, restaurants, and cultural amenities.


Listed by Vitalius Real Estate Group, LLC, Briton Vitalius & Christopher Sullivan 207-541-3755

Details

MLS 1648865
Status Pending
Price $3,850,000
DOM 34 days
Type Multi-Family
Style Other
Baths 29 full baths
Square Feet 14,678 sqft
Lot Size 0.08 acres
Year Built 1900
Taxes Paid $30,513

Lot & Building Features

Cooling None
Tax Year 2026
Taxes Paid $30,513

Room Details

Basement Description Unfinished, Full, Interior

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 2
Unit 2 Full Baths 1
Unit 2 of Bedrooms 1
Unit 2 of Rooms 2
Unit 3 Full Baths 1
Unit 3 of Bedrooms 1
Unit 3 of Rooms 2
Unit 4 Full Baths 1
Unit 4 of Bedrooms 1
Unit 4 of Rooms 2
Unit 5 Full Baths 1
Unit 5 of Rooms 1
Unit 6 Full Baths 1
Unit 6 of Bedrooms 1
Unit 6 of Rooms 2
Unit 7 Full Baths 1
Unit 7 of Rooms 1
Unit 8 Full Baths 1
Unit 8 of Bedrooms 1
Unit 8 of Rooms 2
Unit 9 Full Baths 1
Unit 9 of Bedrooms 1
Unit 9 of Rooms 2
Unit 10 Full Baths 1
Unit 10 of Bedrooms 1
Unit 10 of Rooms 2

Map

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Financing

$
20%
0.79254701298701%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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