26 Presumpscot Street, Portland, ME 04103
MULTI_FAMILY - Portland, ME
- Added:
- Jun 23, 2026
- Days on Market:
- 15
- Last Refresh:
- Jul 7 at 1:06 am
Property Features for 26 Presumpscot Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Basement, Bathroom 3
- Basement
- Full
- Standard status
- Active
- Size
- 2,764 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7091
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air, Oil, Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile, Vinyl, Wood, Carpet
- Building materials
- Wood Frame, Asbestos
- Roof type
- Shingle
Listing agent Sydney Harrison (207) 773-0262
Listing office Town & Shore Real Estate One Union Wharf, Portland, ME (207) 773-0262
Listing date Jun 23, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 3‑unit, 3‑story building with public water and public sewer
- Built in 1900 with wood frame construction and shingle roof
- Multiple heating types listed: natural gas, forced air, oil, hot water heating, and baseboard
- Flooring includes tile, vinyl, wood, and carpet
- Includes a basement and 3 bathrooms (Bathroom 1, Bathroom 2, Bathroom 3)
- Located near the Roux Institute, dining, and shopping
Overview
Located at 26 Presumpscot Street in Portland, Maine, the property benefits from convenient proximity to everyday needs, with dining and shopping nearby. The listing also notes easy access to area amenities and proximity to the Roux Institute.
For an owner-occupant, the three-unit layout can support a live-in strategy while keeping rental income within the same building. For investors, the property’s clean, maintained condition and manageable unit count provide a practical entry point to residential income ownership. The R5 zoning designation further frames the site as a purpose-built multifamily opportunity within its established land-use classification.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.6k | $27.00 |
| − Vacancy | −$4.9k | −$1.76 |
| EGI | $69.8k | $25.25 |
| − OpEx | −$20.9k | −$7.57 |
| NOI | $48.8k | $17.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.260938
- Latitude
- 43.682763
