FEBRUARY 2020

Happy belated Valentine's Day! The Valentine's bandit hit Portland again and it's always fun to see the hearts all over the city. My favorite was on First Parish Church (photo above) commemorating Maine's bicentennial. After a quiet January on the sales front, we entered February with a bang. The sales activity so far this month has felt Spring-like (even as we've entered into a deep freeze). I'm busier than ever with buyers and already have four new listings coming on the market in late February and early March. There's also been some big news for the city of Portland. My alma mater, Northeastern University in Boston, announced it will open a new graduate school and research center, the Roux Institute, in the downtown area in 2020. This is big news for education in Maine. Their focus will be experiential AI, digital engineering, and advanced life sciences. More information and links later in the email. Read on below for some news and tidbits from Vitalius, and other news around town. See you in March! Elise

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NEW & UPCOMING LISTINGS

Just Listed! 98 Grant Street #8, Portland $259,900 Spacious, sunny condo on top floor of brick building in Portland's Parkside Neighborhood. Two large bedrooms, ample living space, hardwood floors and one full bathroom complete this unit. Conveniently located by Deering Oaks Park - walk just 1 block on Saturdays to the Portland Farmer's Market. With a Walkscore of 90, you are within easy walking distance to all of downtown Portland's amazing shops and restaurants. Heat and hot water included in monthly condo fees!

Coming Soon 20 West Street #5, Portland  $240,000 Come be a part of the walkable West End lifestyle at a fantastic price in this historic brick building. This one-bedroom condo is just steps away from the Blue Spoon, Rosemont and Bonobo! The condo features 791 SF with open floorplan living and kitchen on the upper level and bedroom and full bath on the lower level. With bright hardwood floors throughout, stainless steel appliances, plus original charm with a modern twist, this unit is a true Portland gem.

Coming Soon 11 Parris Street #1, Portland $299,000 Welcome to 11 Parris Street - charming, bright and sunny condo in a meticulously maintained historic building, oozing with period charm. This condo lives larger than most 1-bedroom condos with tall ceilings, big sunny living room, a comfortable dining room, and a deck adjacent to the unit perfect for entertaining. The location is stellar - with a walkscore of 94 you have easy access to all of Portland's wonderful shops, restaurants, parks and more. Includes, parking, laundry and plenty of storage!

VIEW ALL LISTINGS

NEWS & LOCAL EVENTS

Portland Foreside Phase One is approved! Here is a great overview of the Portland Foreside Development that has been approved on the East End waterfront (at the former Portland Company Complex). LEARN MORE

2020 Portland Tax Revaluation Project The city is almost done with their city-wide revaluation project that will change tax rates for all property owners starting May 2020. The city of Portland has provided an in-depth explanation of the project. And the Press Herald gives an overview here. Property owners on the Portland peninsula are expected to see the biggest tax increases.  READ MORE Roux Institute at Northeastern University is coming to Portland Maine native puts up $100 million to open Northeastern research center in Portland. David Roux and the Boston-based university will create a graduate school in collaboration with Portland-area tech companies. This is BIG news for Portland.  Roux Institute at Northeastern University MORE INFO

HAMMOND HOUSE - 9 Units Reserved!

Hammond House   is a 16-unit building located on a quiet street nestled between Portland’s two most thriving downtown hotspots: East Bayside and Washington Avenue’s award-winning “restaurant row.” This building boasts spacious one, two, and three bedroom units, all with private outdoor space, elevator access, gas fireplaces, and most with heated garage parking. Finishes include quartz countertops, stainless steel appliances, all-wood cabinets, hardwood floors, tiled bathrooms with walk-in showers, and other luxury upgrades. Units also include dedicated storage and the option to purchase a second parking space. Ready for move in Spring 2021. Hammond House is close to 60% reserved already - contact us now if you want to reserve yours!

Learn More about Hammond House

VITALIUS REAL ESTATE GROUP | WWW.VITALIUS.COM

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