47 Cumberland AvenuePortland, ME 04101MLS Number 1498717

  • Price: $1,200,000
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Federal 30-year interest rate: 2.78% last updated on Jul 22, 2021
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47 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 0410147 Cumberland Avenue Portland ME 04101
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  • 0.25Acreage
  • 1884Year Built
The combined lots of 47 Cumberland and 0 Sumner Court represent the last development opportunity of any scale on Portland's coveted East End. The site is currently home to a modest single family home (47 Cumberland) and a large open and level lot at the end of Sumner Ct (an improved private road just off North St). The building envelope is large, open, level and elevated and above the treeline the city skyline, Back Cove and White Mountain views are breathtaking. At a combined .25 acres or 10,000+sf the total possible unit count is 15 and the non-historic district, R6 Munjoy Hill Overlay zoning ensures the reimagine/redevelopment process will be streamlined. The options are many and the opportunities nearly limitless. From living in the single family with your very own urban oasis / orchard in the backyard to building a 1-2-3 family with your deluxe owners unit on the upper level to buy and pursue a mid to large scale development of condos, apartments of a mix... There is also more land and an adjacent 6 unit available for the investor/developer that might want more/more options. Opportunity is knocking!
Listed by Benchmark Real Estate

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Coldwell Banker American Heritage Real Estate
Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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More Info

Location Information

  • Building Number47
  • StreetCumberland Avenue
  • AssociationMunjoy Hill / East End

Building

  • BasementFull, Unfinished
  • Year Built1884
  • FoundationBrick/Mortar, Stone
  • Building ConstructionWood Frame
  • RoofShingle

Exterior

  • ExteriorVinyl Siding

Amenities

  • Other AmenitiesBasement

Photos

  • Number of Photos35
  • Last Img Trans Date06/30/2021

Basic Information

  • List Price$1,200,000
  • MLS Number1498717
  • Address47 Cumberland Avenue
  • Broker NameBenchmark Real Estate
  • Modification Date06/30/2021
  • Agent ID008182
  • Broker ID3059
  • MLS StatusActive

Interior

  • FloorsTile, Vinyl, Wood

Property Information

  • Property UsesDevelopment
  • Zoning OverlayYes

Other

  • Parking Spaces1 - 4 Spaces, Off Street, On Site

Location

  • StateME
  • TownPortland
  • Zip04101
  • LocationNear Airport, Near Shopping, Near Turnpike/Interstate, Public Transport Access
  • CountyCumberland
  • Map13

Property

  • Acreage0.25
  • Sq Ft Finished Total882
  • Leased LandNo

Utilities

  • Heat SystemHot Water, Multi-Zones
  • Heating FuelOil
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • CoolingNone
  • ElectricCircuit Breakers
  • GasNatural - At Street

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