REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jeffrey Jolicoeur

jjolicoeur@surette-realestate.com +1(207) 649-6893

Listed by Erin Finley RE/MAX Shoreline

$ 1,580,000

Est. payment -/mo

Save

New

272 State ST Portland, ME 04101

7 Baths

4,454 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,454 sqft

Price per Sqft $354

MLS Listing ID 1666398

Full Baths 7

HOA Y/N No

Year Built 1894

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Source Maine Listings

Land Area 4454

Property Description

Originally constructed in 1894 and recognized by Greater Portland Landmarks as the John Howard Hill House, this well-maintained seven-unit brick investment property combines historic character with modern updates in a prime Portland location near Maine Medical Center, the University of Southern Maine, and downtown Portland. This property offers seven spacious apartments, including one efficiency unit, with strong rental appeal and long-term upside. Recent improvements include two new toilets, four new bathroom vanities, a new sink, a new refrigerator, and a new stove. All units feature keyless entry systems, providing added convenience for tenants and streamlined management for ownership. Solid brick construction contributes to low-maintenance ownership, while the property's desirable location continues to attract tenants seeking proximity to major employers, educational institutions, and Portland's restaurants, shops, and amenities. The property also includes four off-street parking spaces, generating an additional $4,800 in annual income. An opportunity to acquire a historic multifamily asset with strong fundamentals, additional income potential, and a proven location in one of Portland's most established rental corridors

Location

State ME

County Cumberland

Zoning R6

Direction GPS friendly

Rooms

Basement Bulkhead, Full

Interior

Heating Gas Natural, Baseboard, Hot Water

Cooling None

Flooring Tile, Wood

Exterior

Parking Features Common, Gravel, Paved, 5 - 10 Spaces

Utilities Available Utilities On

Roof Type Pitched,Slate

Garage No

Building

Lot Description Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Sidewalks

Foundation Brick/Mortar

Water Public

Architectural Style Other, Victorian

Others

Tax ID PTLD-000048-D000012-000001

Jeffrey Jolicoeur

Team Leader, Broker | BR916783

+1(207) 649-6893

Jeffrey Jolicoeur

272 State ST Portland, ME 04101

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

272 State ST