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209 State Street

Portland ME 04101

11
11000 sq. ft.
7840.8 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Presenting a rare opportunity to acquire a distinguished 10-unit multi-family property in Portland's highly desirable Congress Street corridor steps from Longfellow Square. Comprised of two separately deeded buildings, 209 and 211 State Street are part of the historic John W. Munger Block, an architecturally significant brick property constructed in 1855 that showcases the timeless character and craftsmanship that define Portland's historic district. Ideally situated along one of Portland's most recognizable residential corridors, the property is within walking distance of the city's renowned restaurants, shops, medical facilities, transportation options, and waterfront attractions. The location continues to attract strong rental demand from professionals, healthcare workers, and residents seeking an urban lifestyle in one of Maine's most dynamic markets. Investors will appreciate the flexibility afforded by the property's separate deeds, creating potential future disposition, financing, or portfolio management opportunities. The combination of historic character, strong tenant appeal, off-street parking, and a premier Portland location makes 209-211 State Street a compelling long-term investment opportunity. All showings after the group showings are by appointment only.

Features

11 bathrooms
11000 sq. ft. floor area
7840.8 sq. ft. lot size
Multi-Family

Property history for 209 State Street

2020
Sold
$2,012,500
17 Nov 2020 by Elizabeth Dubois, of The Maine Real Estate Network
2020
Sold
$2,012,500
17 Nov 2020 by Christopher St. Pierre

Happy sellers in Portland

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We have insufficient information to provide an overview of customer satisfaction for Portland. Viewing the agent profiles, reviews and sales for Portland can provide insights for this location.

Local market activity for multi families in Portland

In the last 12 months, 32 multi families similar to 209 State Street, have been sold.

This represents a 15% increase in multi families sales when compared to the previous 12 months.

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