$817,500
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… Read More - 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. Read Less
Courtesy of The Real Estate Store 207-883-4327
Listing Snapshot
Days Online
54
Last Updated
Full Baths
3
Square Ft.
3,369
Lot Size
0.11 Acres
Year Built
1930
MLS Number
1626163
Additional Details
Basement
Basement: "Interior", "Full"
Building
Architectural Style: "Colonial", Building Area Total: 3,369, Construction Materials: "Wood Siding", "Wood Frame", Number Of Units Total: 3, Year Built: 1930
Cooling
Cooling: "None"
Expenses
Operating Expense: $13,882
Exterior Features
Patio And Porch Features: "Deck", "Porch", Patio And Porch Features: "Deck", "Porch"
Floors
Flooring: "Wood"
Foundation
Foundation Details: "Concrete Perimeter"
Garage
Garage Included, 1 garage space
Heating
Heating: "Baseboard", Heating Included
Income
Gross Income: $69,494
Laundry
Features: "Washer Hookup"
Lot
Features: "Level", "Sidewalks", "Intown", 0.11 acres, Area: 0.11, 4,792 square feet
Parking
Features: "1 - 4 Spaces", "Paved", "Detached"
Property
Parcel Number: PTLD-000051-B000012-000001, Zoning: R5
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $8,998, Tax Lot: 012
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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