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Listed by The Real Estate Store
$864,900
3 Baths
3,369 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 3,369 sqft
MLS Listing ID 1626163
Style Colonial
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,369
Year Built 1930
Annual Tax Amount $8,998
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Source Maine Listings
Property Description
Charming 3-Unit Investment Property Near USM - Prime Portland Location
Nestled in a desirable, walkable neighborhood near the University of Southern Maine, this classic Portland 3-unit offers timeless appeal and solid investment potential. Each unit features original hardwood floors, and architectural details that speak to the building's historic character - lots of character and vintage built-ins.
Set on a generous lot, the property boasts a large yard - a rare find in this urban setting - perfect for gardening, entertaining, or relaxing outdoors. Tenants enjoy a peaceful, tree-lined street just minutes from local shops, cafes, and public transportation.
The building has a strong, established rental history with steady cash flow and minimal vacancy. Whether you're a seasoned investor or an owner-occupant looking to offset your mortgage, this is a smart, turnkey opportunity in Maine's most sought-after city.
Nestled in a desirable, walkable neighborhood near the University of Southern Maine, this classic Portland 3-unit offers timeless appeal and solid investment potential. Each unit features original hardwood floors, and architectural details that speak to the building's historic character - lots of character and vintage built-ins.
Set on a generous lot, the property boasts a large yard - a rare find in this urban setting - perfect for gardening, entertaining, or relaxing outdoors. Tenants enjoy a peaceful, tree-lined street just minutes from local shops, cafes, and public transportation.
The building has a strong, established rental history with steady cash flow and minimal vacancy. Whether you're a seasoned investor or an owner-occupant looking to offset your mortgage, this is a smart, turnkey opportunity in Maine's most sought-after city.
Location
State ME
County Cumberland
Zoning R5
Rooms
Basement Interior, Full
Interior
Heating Baseboard
Cooling None
Flooring Wood
Laundry Washer Hookup
Exterior
Parking Features 1 - 4 Spaces, Paved, Detached
Garage Spaces 1.0
Utilities Available 1
View Y/N No
Roof Type Shingle
Porch Deck, Porch
Garage Yes
Building
Lot Description Level, Sidewalks, Intown
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Colonial
Structure Type Wood Siding,Wood Frame
Others
Energy Description Oil
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