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  • $580,000

    56 Cumberland Avenue, Portland, ME 04101

    --beds
    --baths
    5,662Square Feet
    Land
    Built in ----
    5,662 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Extremely rare buildable lot in the hottest development area in Portland- Munjoy Hill! Build you dream home, multi unit, or condo complex in Portland's best neighborhood. Perfectly positioned near the top of the hill, this lot is ideally located between the observatory and Washington Ave's restaurant row. This is a right-sized project which avoids Portland's inclusionary zoning restrictions. Desirable R6 Zoning offers design flexibility, limited setbacks and a generous footprint. The lot is large enough for 8 units, however a 5 unit feels ideal. Preliminary drawings are in place for a 4 Story building with roof deck- promising stunning views. Come with your ideas, but don't wait. Inquire today. (8-unit estimate based only on square footage calculation)

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty (207)232-8877

    Bought with:

    Locations Real Estate Group LLC

    Source: Maine Listings,MLS#: 1540249MLS Logo

    Facts & features

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces
    Lot
    • Size: 5,662 Square Feet
    • Features: Near Shopping, Near Turnpike/Interstate, Near Town, Level, Open Lot, Sidewalks
    Details
    • Parcel number: 56CumberlandAvePortland04101
    • Zoning: R6

    Utilities & green energy

    • Electric: No Electric
    • Sewer: None
    • Water: None

    Community & HOA

    Location
    • Region: Portland

    Financial & listing details

    • Annual tax amount: $3,032
    • Date on market: 8/17/2022
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/28/2024Sold$580,000-3.3%
    Source: Maine Listings #1540249 Report a problem
    6/16/2023Pending sale$600,000
    Source: Maine Listings #1540249 Report a problem
    8/17/2022Listed for sale$600,000+29%
    Source: Maine Listings #1540249 Report a problem
    2/26/2021Sold$465,000
    Source: Maine Listings #1432790 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: East End

    Nearby schools

    GreatSchools rating