56 Federal Street Portland, ME 04101
Welcome to 56-58 Federal Street, ideally positioned between Portland's Munjoy Hill neighborhood and the Old Port area, right in the heart of the city's central business district. This six-unit property presents an exceptional investment opportunity in one of Portland's most coveted locations. Tenants cover their own heating and electricity expenses. The roof, featuring a durable rubber membrane, was replaced just five years ago, and a state-of-the-art on-demand hot water heater was installed in 2022. Imagine residing moments away from the Eastern Promenade, offering stunning vistas of Casco Bay, East End Beach, and a convenient boat launch, all seamlessly connected to the Eastern Trail. Nearby, within a half-mile radius, you'll find a vibrant array of neighborhood restaurants, cafes, music venues, and cultural hotspots. Maine Law School is located .5 mile away and USM and UNE are within 2 miles. Enjoy easy access to an eclectic mix of breweries, boutiques, and eateries that define Portland's dynamic cultural scene. Embrace the lively pace of urban living and relish the myriad amenities of in-town life. Showing Time for group showings on 6/20 & 6/21 11:00 am-1:00 pm. Showings by appointment 10:00 am - 5:00 pm after 6/23.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCumberland
- Taxes$18,541
- HOA/Condo/Coop Fees$0
- Days on Site7 Days
- MLS StatusActive
- MLS ID Number1593947
- Home Size Source N/A
- Year Built1907
- Lot Size0.08 Acres
- Full Baths6
- Partial BathsN/A
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General Features
- Style Multi- Level
- Construction Vinyl Siding
- Parking No DrivewayNone
- Sewer Public Sewer
- Electric Circuit Breakers
- Basement Dirt FloorFullInterior EntryUnfinished
- Number of Stories 33
- Acreage 0.08
- Water Public
- Foundation StoneSlabBrick/ Mortar
- Zoning IS-FBC
Interior Features
- Cooling Heat Pump
- Heating Heat PumpDirect Vent Heater
- Flooring WoodTileLaminate
- Interior 1st Floor BedroomShowerWalk-In Closet(s)
- Laundry Features Laundry - Coin
Exterior Features
- Roof Membrane
- Fencing Fenced
- Waterfront Property No
- Lot LevelSidewalksHistoric DistrictIntownNear Public BeachNear ShoppingNeighborhoodNear Public Transit
- Patio And Porch Deck