Situated in a prime location in South Portland is this expansive, fully occupied multi family home. Rare income producing amenities include ample off street parking, large green space with additional storage shed, and light filled, oversized units. With an NOI of over $48k, two month to month tenancy options and all dedicated utilities this property is an ideal investment for an owner occupant, value add investor, or to expand on a prime location portfolio.
Closed
$680,000
142 S Kelsey Street, South Portland, ME 04106
7beds
3,353sqft
Multi Family
Built in 1890
-- sqft lot
$751,000 Zestimate®
$203/sqft
$2,381 Estimated rent
Home value
$751,000
$698,000 - $804,000
$2,381/mo
Zestimate® history
Owner options
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$3,430/mo
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Zillow last checked:
Listing updated:
Listed by:
The Collective Real Estate Co
Bought with:
Cottage & Co Real Estate
Source: Maine Listings,MLS#: 1598901
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Direct Vent Heater
Cooling
- None
Features
- Flooring: Carpet, Laminate, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 3,353
- Total interior livable area: 3,353 sqft
- Finished area above ground: 3,353
- Finished area below ground: 0
Property
Parking
- Parking features: Other, 5 - 10 Spaces, Off Street
Features
- Levels: Multi/Split
Lot
- Size: 7,405 Square Feet
- Features: City Lot, Level, Open Lot, Sidewalks
Details
- Additional structures: Shed(s)
- Parcel number: SPORM025L261
- Zoning: G
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,Victorian
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: South Portland
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $613,600
- Annual tax amount: $7,128
- Date on market: 8/16/2024
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2024 | Sold | $680,000-2.7%$203/sqft |
Source:  Maine Listings #1598901 Report a problem | ||
| 9/23/2024 | Pending sale | $699,000$208/sqft |
Source: Maine Listings #1598901 Report a problem | ||
| 8/16/2024 | Listed for sale | $699,000$208/sqft |
Source: Maine Listings #1598901 Report a problem | ||
| 8/8/2024 | Pending sale | $699,000$208/sqft |
Source: Maine Listings #1598901 Report a problem | ||
| 8/1/2024 | Listed for sale | $699,000+58.9%$208/sqft |
Source: Maine Listings #1598901 Report a problem | ||
| 9/20/2019 | Sold | $440,000-7.4%$131/sqft |
Source: Maine Listings #1418860 Report a problem | ||
| 6/27/2019 | Price change | $475,000-5%$142/sqft |
Source: Signature Homes Real Estate Group, LLC #1418860 Report a problem | ||
| 6/10/2019 | Listed for sale | $500,000+43.3%$149/sqft |
Source: Signature Homes Real Estate Group, LLC #1418860 Report a problem | ||
| 6/24/2015 | Listing removed | $349,000$104/sqft |
Source: The Maine Real Estate Network #1217615 Report a problem | ||
| 6/8/2015 | Listed for sale | $349,000-2.8%$104/sqft |
Source: The Maine Real Estate Network #1217615 Report a problem | ||
| 11/7/2014 | Listing removed | $359,000$107/sqft |
Source: The Maine Real Estate Network #1141015 Report a problem | ||
| 8/16/2014 | Listed for sale | $359,000$107/sqft |
Source: The Maine Real Estate Network #1141015 Report a problem | ||
| 6/30/2014 | Listing removed | $359,000$107/sqft |
Source: The Maine Real Estate Network #1141015 Report a problem | ||
| 6/18/2014 | Listed for sale | $359,000$107/sqft |
Source: The Maine Real Estate Network #1141015 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,100 +13.6% | $613,600 +21.7% |
| 2023 | $7,128 +3.5% | $504,100 +13.9% |
| 2022 | $6,885 +14.6% | $442,500 +45.5% |
| 2020 | $6,008 +0% | $304,200 |
| 2019 | $6,008 +7.7% | $304,200 +0.9% |
| 2018 | $5,578 +2.8% | $301,500 |
| 2017 | $5,427 +1.7% | $301,500 |
| 2016 | $5,337 +1.7% | $301,500 |
| 2015 | $5,246 +1.8% | $301,500 |
| 2014 | $5,156 +2.4% | $301,500 |
| 2013 | $5,035 +1.2% | $301,500 |
| 2012 | $4,975 +2.5% | $301,500 |
| 2011 | $4,854 +6.7% | $301,500 -2.6% |
| 2009 | $4,551 -4% | $309,600 -8.6% |
| 2008 | $4,740 +6.9% | $338,600 |
| 2006 | $4,436 | $338,600 |
Find assessor info on the county website
Neighborhood: 04106
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Nearby schools
GreatSchools rating
- 6/10James Otis Kaler Elementary SchoolGrades: PK-4Distance: 0.1 mi
- 7/10Daniel F. Mahoney Middle SchoolGrades: 5-8Distance: 0.9 mi
- 6/10South Portland High SchoolGrades: 9-12Distance: 0.5 mi
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$751,000
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- Maine
- Cumberland County
- South Portland
- 04106
- 142 S Kelsey Street
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