Portland, ME 04103,671-675 Forest AVE
Portland, ME 04103,671-675 Forest AVE
Portland, ME 04103,671-675 Forest AVE
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Listed by Maine Real Estate Co
$1,499,000
8 Baths
7,446 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 7,446 sqft

MLS Listing ID 1650249

Style Other

Full Baths 8

HOA Y/N No

Abv Grd Liv Area 7,446

Year Built 1910

Annual Tax Amount $15,028

Tax Year 2026

Lot Size 5,227 Sqft

Acres 0.12

Source Maine Listings

Land Area 7446

Property Description

INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms.Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience for the retail unit.

Location

State ME

County Cumberland

Zoning B2B

Rooms

Basement Interior, Walk-Out Access, Finished, Full, Unfinished

Interior

Heating Hot Water, Baseboard

Cooling None

Flooring Vinyl, Tile, Carpet

Exterior

Parking Features 1 - 4 Spaces, Paved, Common, On Site, Off Street, On Street

View Y/N No

Roof Type Flat,Other

Street Surface Paved

Garage No

Building

Lot Description Open, Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Public Transit

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Brick Veneer,Brick,Masonry

Others

Security Features Sprinkler,Fire System

Energy Description Oil


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Maine MLS (MREIS) IDX
Monet Yarnell

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