64 Gray St

Portland, ME 04102
  • $1,450,000

    Price
  • 0

    Bed
  • 7

    Bath
  • 5,150

    SqFt

About the Listing 1898 - 007317

Group Showing Tuesday May 20th 11:30-1pm Step into Portland's rich history with this beautifully renovated and updated seven-unit building in a prime location! Situated with exceptional proximity to all that downtown Portland has to offer - from its vibrant arts scene and renowned restaurants to its bustling waterfront - this property presents a fantastic investment opportunity. This meticulously maintained building features a desirable unit mix of five spacious one-bedroom apartments and two efficient studio apartments, all currently leased at market rents, ensuring a strong and immediate income stream. Every unit has recently extensive renovations and updates have preserved the building's historic charm while providing modern comfort and convenience for tenants. A new heating system offers efficiency and reliability. Full Renovation of the entire exterior of the building. A significant amenity in this urban setting is the on-site parking available for tenants for a small fee, a feature that adds considerable value and tenant appeal. Investment Highlights: Seven Units: Five 1-bedroom units and two studio units. Prime Location: Unbeatable access to downtown Portland's attractions, amenities, and employment centers. Market Rents: All units are currently rented at full market value. Historic Charm, Modern Updates: Beautifully renovated and updated throughout, blending historic character with contemporary living. New Heating System: Ensuring efficient and cost-effective heating for the entire building. On-Site Parking: A valuable amenity for tenants in a downtown location, available for a fee. Strong Income Potential: A fully leased building in a high-demand rental market. Don't miss this exceptional opportunity to own a piece of Portland's history while capitalizing on a strong multi-family investment in a sought-after location.

Listing Highlights for 64 Gray St

Status Active
Days on Site 118
Property Type Multi-Family
MLS ® 1622551
Year Built 1910
Total Square Footage 5,150
Lot/Acreage 0.09
County Cumberland

Interior Details

  • Bedrooms: 0
  • Bathrooms: 7 Full
  • Appliances:
  • Air Cond:
  • Heating: Radiator
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 5150
  • Below Ground Sq Ft: 0
  • Basement: Full,Doghouse,Exterior Only,Unfinished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Open,Level,Sidewalks,Historic District,Intown,Near Shopping,Near Turnpike/Interstate,Neighborhood,Near Public Transit
  • Garage Capacity: N/A
  • Zoning: R6
  • Roof: Pitched,Shingle
  • Others:
  • Sewer: Public Sewer
  • Parking Features: 1 - 4 Spaces,Gravel,On Site

Financial Details

  • Tax Amount: $15,208
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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64 Gray St Portland, ME 04102

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Originating MLS: Maine Listings

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