Plots and Land - 43 Maine Ave, Portland, Me
$150,000
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What this actually costs to close
- List price
- $150,000
- Est. closing costs
- $1,500 to $4,500
- Est. all-in
- $151,500 to $154,500
Closing costs run 1% to 3% and cover owner's title insurance, settlement or escrow fee, recording fees. Financing costs are excluded. Transfer tax is excluded: rates run 0% to 4%+ and who pays is set by local custom and negotiable.
BidProwl Summary
This is a vacant land lot in downtown Portland built up around 1900 with existing city water and sewer connections. Investors and developers typically target these cleared urban parcels for residential infill, commercial development, or rental property builds in established neighborhoods. Before bidding, verify current zoning restrictions with the Portland Code Officer, confirm actual tax liability beyond estimates, and inspect site conditions since the prior structure was recently demolished.
AI summary of the seller's listing; it may occasionally contain inaccuracies. Check the full description and inspect before bidding.
Description from Fannie Mae HomePath
43 MAINE AVE, PORTLAND, ME 04103. built 1900. Remarks: Here is a lot in the heart of Portland. City water and sewer access. Until recently, there was a building on the lot. Taxes are estimated. Check with Portland Code Officer on what your plans are for the property. This is a Fannie Mae HomePath property.
Showing Instructions: Sign on Property
Internal Remarks/Contingency: Taxes are based on land assessment by City of Portland. ALL OFFERS MUST BE MADE THROUGH THE HOMEPATH ONLINE OFFER SYSTEM AT www.homepath.fanniemae.com
Property location
Portland, ME 04103
Open in Google MapsFannie Mae
Seller on Fannie Mae HomePath
Year Built: 1900
Property Type: Plots and Land
Occupancy: Vacant
County: CUMBERLAND COUNTY
