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527 Cumberland Avenue, Portland, ME 04101

$1,025,000
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New to the Market Active Under Contract
BATHS3 full SQUARE FEET3,372 MLS#1652719
STATUSActive Under Contract PROPERTY TYPEMulti Unit - Multiple

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.

527 Cumberland Avenue | MLS# 1652719

This multi-family property located at 527 Cumberland Avenue, Portland, ME 04101 is currently listed for sale with an asking price of $1,025,000. Search Portland real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry, Interior Entry
Heating: Baseboard, Forced Air, Hot Water, Zoned
Home Style: Other
Lot Size: 0.08 Acres
Roof Type: Shingle
Taxes: $11,652
Year Built: 1881

Feature Descriptions

Electric: Circuit Breakers
Flooring: Laminate, Tile, Wood
Sewer: Public Sewer
SQ FT Above Grade: 3372
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Phone: 207-879-9800
Agent Name: John Hayes

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Estimated Payment

$ 3,551.16 per month $2,281.21 Principal & Interest $971.00 Property Tax $298.96 Homeowner's Insurance

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