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74 King Street, Scarborough, ME 04074

$995,000
Property Type: Multi-Family Baths: 3 Square Footage: 1,795 Lot Size (sq. ft.): 5,227 Status: Pending
Current Price: $995,000 List Date: 2/22/2024 Last Modified: 3/25/2024

Description

Opportunity abounds with this exceptional multi unit property located just a block from Pine Point Beach! Turn of the century charm with modern conveniences make this an investment not to pass up! Owner occupied and well-cared for, this 3 unit has many possibilities with a flexible floor plan and 3 bedrooms in the main unit and 2 one bedroom units! Seven miles of beach, restaurants, kayaking, and a public boat launch are just minutes away. Don't let this pass you by!

Supplements: ********

More Information MLS# 1582694

Location Information

Street #: 74 Street Name: King Street Type: Street County: Cumberland Town: Scarborough State/Province: ME Zip Code: 04074 Zip +4: 9482 Leased Land: No Book: 30634 Page: 159 Map: U021 Lot: 005 Zoning: Residential Zoning Overlay: No Association: No School District: Scarborough Public Schools Full Tax Amount $: 7928 Tax Year: 2023 Geo Lat: 43.543003 Geo Lon: -70.336824

Contract Information

Status: Pending Original List Price: 995000 List Price: $995,000 Current Price: $995,000

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: Yes Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Number of Units: 3 Total Baths: 3 Total Full Baths: 3 Color: gray Year Built: 1900 SqFt Finished Above Grade: 1795 SqFt Finished Total: 1795 SqFt Source: Public Records Garage: Yes Garage Spaces: 1 Lot Size Acres +/-: 0.12 Source of Acreage: Public Records

Compensation & Misc Info

Buyer Agency: 2.5 Buyer Agency Type: %

Status Change Info

Pending Date: 2024-03-11

Water Info

Water Frontage: No Water View: Yes Water Body Name: Atlantic Ocean

Building Info

# Fireplaces: 1 # Stories: 2 # Floors: 2 # Heating Units: 1 # Water Heaters: 1

Income & Expenses

Gross Income: 72000 Operating Expenses: 14000

Units

# of 1 BD Units: 2 # of 3 BD Units: 1

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1500 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: First Security Deposit: No # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 3 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Basement

Other Description: Full, crawlspace, unfinished

Utilities

Utilities On: Yes

Property Features

Site: Corner Lot; Well Landscaped Location: Near Public Beach Roads: Paved; Public Water Body Type: Ocean Style: Cottage Construction: Wood Frame Basement: Crawl Space; Other; Partial; Unfinished Basement Entry: Bulkhead Foundation Materials: Brick/Mortar Exterior: Vinyl Siding Roof: Shingle Heat System: Forced Air Heat Fuel: Oil; Propane Water Heater: Oil Cooling: None Floors: Wood Amenities: 1st Floor Bedroom; Attic; Laundry - 2nd Floor; Laundry - Hookup; Shower Patio and Porch Features: Glassed-in Porch; Porch; Porch-Screened Energy Efficiency: Ceiling Fans; Dehumidifier; Double Pane Windows; Energy Star Appliances; Storm Doors Driveway: Common; Paved Parking: 5 - 10 Spaces; On Site Vehicle Storage: 1 Car Restrictions: No Restrictions Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Keller Williams Realty
Last Updated: March - 25 - 2024
74 King Street, Scarborough, ME 04074- MLS# 1582694
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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