Bought with Keller Williams Realty
$1,025,000
$1,025,000
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527 Cumberland AVE Portland, ME 04101
3 Baths
3,372 SqFt
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,372 sqft
MLS Listing ID 1652719
Sold Date 04/13/26
Style Other
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,372
Year Built 1881
Annual Tax Amount $11,652
Tax Year 25
Lot Size 3,484 Sqft
Acres 0.08
Source Maine Listings
Land Area 3372
Property Description
Introducing 527 Cumberland Ave. A meticulously maintained three-unit property in the heart of Portland's vibrant peninsula offering an exceptional blend of character, flexibility, and strong rental appeal. With private entrances, tandem off-street parking, a shared courtyard, and two townhouse-style apartments plus a bright top-floor unit, this opportunity is ideal for investors and owner-occupants alike.
Pride of ownership is evident throughout, highlighted by classic Portland charm and tasteful updates. Sunlight fills the interiors, showcasing warm hardwood floors, modern finishes, and comfortable, functional living spaces. Bathrooms feature tile showers, and a large basement provides valuable storage for residents. Each unit offers an inviting layout well suited for today's lifestyles.
Two of the apartments live like townhomes, delivering separation of space and a single-family feel that residents love. The upper unit offers cozy architectural lines, skylights, and abundant natural light, creating a peaceful retreat above the city.
Located in Portland's desirable Parkside neighborhood near Deering Oaks Park, the interstate, and award-winning restaurants, occupants can enjoy convenience while being close to some of the city's best amenities. The courtyard provides room to gather, grill, or relax, a rare bonus for an in-town property. Off-street tandem parking adds everyday ease and long-term value.
Whether you are expanding your portfolio or planning to live in one unit while generating income from the others, 527 Cumberland Ave presents a compelling combination of location, lifestyle, and investment potential.
Location
State ME
County Cumberland
Zoning RN-4
Rooms
Basement Interior, Walk-Out Access, Full, Exterior Only, Unfinished
Interior
Heating Zoned, Hot Water, Forced Air, Baseboard
Cooling None
Flooring Wood, Tile, Laminate
Fireplaces Number 1
Equipment Internet Access Available
Fireplace Yes
Laundry Washer Hookup
Exterior
Parking Features 1 - 4 Spaces, Gravel, On Site, Off Street
Utilities Available 1
View Y/N No
Roof Type Shingle
Street Surface Paved
Porch Deck, Porch
Garage No
Building
Lot Description Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Public Transit
Story 3
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Gas Natural
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