30-32 Atlantic Street Portland, ME
$795,000
Acres 0.12
Description
Just a few blocks from Portland Foreside and the world headquarters of companies such as WEX, Covetrus, Sun Life, ROUX and more this is the perfect place to build a dream home or dreamy condos / apartments. Located in the coveted R6 zone this 5,195sf lot is ready for a single family or up to 7 units (45' high). The building envelope is generous, the curb cut already exists, full city utilities are readily accessible and the lot is level, open and easy to build on. The grounds and plantings provide the feel of an urban oasis or botanical garden and the rear of the lot opens and affords lots of light and expansive water and working water-front views. Plans exist and are fully approved for a 4 family and seller / architect will provide $10K in services to modify the current plans and assist in permitting. With connections to local contractors you could move in in as little as 12 months. Buy and build your dream home, buy and build rentals (not subject to rent control) or buy and build condos (similar units are selling for $1K per/sf). This is a win/win/win opportunity and one not to be missed.
Listed by Benchmark Real Estate, Thomas Landry 207-775-0248
Details
MLS 1546746
Status Active
Price $795,000
DOM 405 days
Type Lot/Land
Lot Size 0.12 acres
Taxes Paid $6,742
Lot & Building Features
Tax Year 2022
Taxes Paid $6,742
Map
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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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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.