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Listed by Real Broker
$1,250,000
0.77 Acres Lot
UPDATED:
Key Details
Property Type Land
Listing Status Active
MLS Listing ID 1624610
HOA Y/N No
Annual Tax Amount $5,086
Tax Year 2024
Lot Size 0.770 Acres
Acres 0.77
Source Maine Listings
Property Description
An exceptional and nearly unheard-of opportunity in one of the most desirable areas of the city of Portland. Situated on just over 0.75 acres, this property at 1905 Congress Street offers immense potential for investors, developers, or those looking to renovate and hold.
Located in a quiet residential area, yet only minutes from the airport, I-95, and major retail corridors, the property features a 4-bedroom, 1.5-bath single-family home that could be renovated or removed to make way for new development.
New condominium construction is underway behind the lot, further enhancing the investment appeal.
This property presents an outstanding opportunity for renovation, redevelopment, or investment in a high-demand location.
***Buyer to verify zoning and development potential with the city.***
Located in a quiet residential area, yet only minutes from the airport, I-95, and major retail corridors, the property features a 4-bedroom, 1.5-bath single-family home that could be renovated or removed to make way for new development.
New condominium construction is underway behind the lot, further enhancing the investment appeal.
This property presents an outstanding opportunity for renovation, redevelopment, or investment in a high-demand location.
***Buyer to verify zoning and development potential with the city.***
Location
State ME
County Cumberland
Zoning RN-1
Exterior
Parking Features 1 - 4 Spaces, Gravel, Off Street
View Y/N No
Street Surface Paved
Building
Lot Description Open, Level, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
Sewer Public Sewer
Water Public
Others
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1624610
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