263, 267 & 273 Cumberland Avenue, Portland

Greater Portland

We are pleased to offer a portfolio of rooming houses for sale in Downtown Portland. 263 Cumberland Avenue consists of 16 rooms, 267 Cumberland Avenue is a 4,510 SF vacant lot, and 273 Cumberland Avenue consists of 43 rooms. These units are not regulated by rent control. Additionally, there were approvals to build a new 89 unit mid-rise rooming house at 267 and 263 Cumberland Avenue. There is a complete set of construction drawings and approvals could easily be reinstated.

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  • Property Type(s): Development, Investment, Multi-Family
  • Purchase: $4,700,000
  • Square Footage: 16,248 sq ft
  • Acreage: 0.24