Portland, ME 04103,700 Ocean AVE
Portland, ME 04103,700 Ocean AVE
Portland, ME 04103,700 Ocean AVE
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Listed by Keller Williams Realty
$830,000
3 Baths
2,644 SqFt
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Sun Sep 07, 10:00am - 12:00pm

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Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 2,644 sqft

MLS Listing ID 1636596

Style Other

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,644

Year Built 1904

Annual Tax Amount $7,169

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Source Maine Listings

Land Area 2644

Property Description

Turn-Key 3-Unit in Portland, perfect for investors or owner-occupants!

This beautifully updated 3-unit property in Portland is truly turn-key. Major renovations were completed in 2019, and the current owner has taken it to the next level with even more improvements. Recent upgrades include a brand-new driveway, fresh landscaping, a new roof, high-quality composite exterior stairs, energy-efficient heat pump hot water heaters, and additional insulation following a professional energy audit. This is all designed to boost efficiency and reduce operating and maintenance costs.

Inside, each unit is modern, bright, and inviting with hardwood modern kitchens. The heat pumps offer high efficiency heating and cooling, keeping expenses low and cash flow strong.

The location couldn't be better, tucked in a peaceful, country-like setting yet just minutes from Back Cove, downtown Portland, and I-295. Rents are strong, and with the third or first floor units able to be delivered vacant, this is an excellent opportunity for an owner-occupant or a savvy investor looking for a turnkey property in a prime spot.

Location

State ME

County Cumberland

Zoning RN-1

Rooms

Basement Interior, Full, Doghouse

Interior

Heating Heat Pump

Cooling Heat Pump

Flooring Wood, Vinyl, Carpet

Exterior

Parking Features 5 - 10 Spaces, Paved

View Y/N No

Roof Type Shingle

Street Surface Paved

Garage No

Building

Lot Description Well Landscaped, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Electric


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Maine MLS (MREIS) IDX
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