157 Veranda Street Portland, ME
$225,000
Acres 0.12
Description
Rare mixed use, corner lot available on Rte 1 in Portland! Located on Veranda St and just off of 295, this location is accessible and convenient. Lot is level and flat. 5,004 sq ft +/-. B1B Zoning encourages ground floor retail/commercial use and residential units above. However, one may decide to build their dream home or developers may be interested in getting a bit more creative. Based on current square footage calculation, build up to 5 units. The LD 2003 could increase number of allowable units by 2.5X if you provide affordable units. It would be tight, but may be the perfect fit for a new 6 unit Multi-Family. Neighborhood amenities include public transit (bus stop right on the corner of Fayette and Veranda), local restaurants (Veranda Noodle Bar, Beals Ice Cream, Monte's), Back Cove, Mackworth Island, and the currently under development, Roux institute. Traffic count must be through the roof.
Listed by Keller Williams Realty, Sierra Curtis 207-879-9800
Details
MLS 1605246
Status Active
Price $225,000
DOM 78 days
Type Lot/Land
Lot Size 0.12 acres
Taxes Paid $1
Lot & Building Features
Tax Year 2023
Taxes Paid $1
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Financing
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6.75%
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per month
Principal & Interest
Monthly Taxes
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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.