North Deering 2-Unit on Dead End Street

  • $325,000
24 True Street, Portland, Cumberland County, Maine, 04103, United States
Auction

North Deering 2-Unit on Dead End Street

24 True Street, Portland, Cumberland County, Maine, 04103, United States
  • $325,000

Description

Property is being offered via online auction ending on June 29, 2021. List price is suggested opening bid only. Final price shall be determined on auction day and is subject to seller confirmation. Buyer’s Premium: 6%.

Turn of the century, 1906 two family home with lots of character waiting for you to put your cosmetic stamp. Only 5 owners in over a century. Many period details including French doors opening to large foyer with craftsman styled staircase, Victorian paneled solid wood doors, hardwood floors, built-ins, trim, and baseboard all with original finish.

Unit 1: Two story unit, 2 Bedrooms, 1.5 baths (Vacant – Previously Owner Occupied). Lovely two-story layout with half bath on ground level and 2 bedroom and full bath on level 2.

Unit 2: Two story unit, 2 Bedrooms, 1 bath (Vacant since December 2019). Second unit on upper floors with open concept and bright, tree line skylights has had 35 years of continuous quality renters until 2020 when owners began renovations.

Property also features a detached home office with lots of attic storage. Potential conversion to Accessory Dwelling Unit a possibility.

North Deering neighborhood just five minutes from downtown Portland or Falmouth. Easy on and off access to Route 295 and 95. Quiet dead-end street, easy walking distance to Back Bay and Payson Park amenities. Mature landscaping with patio or deck for each unit, private screened front porch, and newly paved off street parking.

Much work completed in 2020, including new roof, foundation updates with concrete footings and new supports. Natural gas Bosch heating system with multiple zones installed in 2014 with updated radiators. City water, sewage and underground utilities put in with True Street Development. Property needs cosmetic repairs and updates. A little sweat equity will go a long way in this lovely home.

Looking for a unicorn with all the charm and potential of a fabulous investment property where you can customize your future home? Want a separate home office easy to expense and have an income unit pay half your mortgage? Just needs patch, paint and imaginative cosmetic updates to your taste.

Be advised that this is an owner auction and is subject to sale prior to auction. Pre-auction offers may occur.

Michael B. Carey – ME AUC Lic. 1466 | Ruth P. L. Lind – ME RE Lic. #BA923350

Details

Property ID
298592
4
Bedrooms
2.5
Bathrooms
Square Footage
2882
Lot Size
0.325
Year Built
1907
Updated on June 14, 2021 at 8:47 am

Address

  • Address 24 True Street
  • City Portland
  • State Maine
  • Zip/Postal Code 04103
  • Country United States

Contact Agent

Ruth Lind, CAI, AARE, BAS
  • Ruth Lind, CAI, AARE, BAS
  • Tranzon Auction Properties
  • 207-775-4300
  • [email protected]
  • 207-751-1430
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Ruth Lind, CAI, AARE, BAS
  • Ruth Lind, CAI, AARE, BAS