14 Randall StPortland, ME 04103

Property Details for 14 Randall St

Year built

1900

Lot size

0.23 AC

Property size (Sq ft)

4,245 SF

Property type

Specialty properties

Property subtype

Other specialty properties

APN

PTLD M:166 B:F001001

APU

PTLDM166BF001001

Description

This exceptional investment opportunity presents a 13+ room rooming house located at 14 Randall St, Portland, ME 04103. The property, built in 1900, boasts 4,245 square feet across three stories within a single building situated on a 0.23-acre lot. The zoning is residential, allowing for continued operation as a rooming house. The property features a first-floor kitchen recently updated with a new hood. Ample on-site parking is available, a significant advantage in this location. Accessibility is enhanced by a handicap-accessible entrance. Its convenient location offers easy access to Back Cove and I-295, providing residents with convenient access to major transportation routes. Recent life safety upgrades have been implemented, ensuring compliance with current safety standards. The asking price for this well-maintained property is $825,000, representing a strong potential return on investment given its size, location, and existing occupancy. This is a rare opportunity to acquire a well-established rooming house in a desirable Portland neighborhood.

• Alternative Use

  Use

  Valuation

  Residential

  $803,320

  Hospitality

  $735,837

  Educational

  $612,208

  Medical

  $633,262

  Retail

  $952,323

Location Insight

City

Portland

County

Cumberland

State

Maine

Latitude

43.6806

Longitude

-70.2596

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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