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14 photos
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Listed by EXP Realty
$940,000
3 Baths
3,569 SqFt
OPEN HOUSE
Wed May 14, 4:00pm - 6:00pm
Sat May 17, 10:00am - 12:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Square Footage 3,569 sqft
MLS Listing ID 1621624
Style Victorian
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,569
Originating Board Maine Listings
Year Built 1925
Annual Tax Amount $7,904
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Discover a prime investment opportunity. This charming multi-family property features three spacious units, each with three bedrooms and one bathroom. Recent enhancements, including a roof replacement five years ago and various updates throughout, ensure the building's longevity and appeal. Each unit operates independently with separate electric meters and individual boilers, promoting tenant autonomy and streamlined management. The property boasts coin-operated laundry machines and generous side parking, adding convenience for residents. Financially, it stands out with high-producing gross monthly rents and low expenses, making it an attractive addition to any investment portfolio. Situated in a vibrant South Portland neighborhood, tenants benefit from proximity to Mill Creek Park, Bug Light Park, and the scenic Greenbelt Walkway, offering a blend of urban living and natural beauty. This property not only promises immediate returns but also long-term value in a sought-after location. Open Showings only on May 14th from 4pm - 6pm and May 17th from 10am - Noon. More pictures and video coming May 10th!
Location
State ME
County Cumberland
Zoning OS
Rooms
Basement Full, Doghouse
Interior
Heating Baseboard
Cooling None
Flooring Wood, Vinyl
Exterior
Parking Features 5 - 10 Spaces, Paved
Utilities Available 1
View Y/N No
Roof Type Shingle
Porch Deck
Garage No
Building
Lot Description Sidewalks, Intown, Near Shopping
Sewer Public Sewer
Water Public
Architectural Style Victorian
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Gas Natural
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