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56 Cumberland AvenuePortland, ME 04101Price: $600,000

  • Price: $600,000
  • Est. Mortgage of $/month
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%
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Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $600,000List Price
  • 0.13Acreage

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Listed by Keller Williams Realty ((207) 232-8877)
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)

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Treeline to Shoreline Realty participates in ©2022 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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