Ideal Owner Occupied Opportunity! Long term family ownership so rents do not reflect current market rates and the first floor is vacant so you can move right in! This solid 3 unit located in convenient Portland neighborhood is the investment opportunity you've been waiting for! Beautiful period details including bullseye moldings and beadboard, ladder doors, hardwood floors throughout, large bay windows and private front and back covered porches for all three units! Situated on .29 acres this stately Circa 1915 building features a beautifully landscaped yard with a fenced in lawn and huge backyard beyond! Plenty of parking as there is a free standing 3 bay garage and large paved driveway which is accessed from a side street for safe and easy entry and exit! Each of the three units offers sunny eat-in Kitchens with large pantry storage, open Living and Dining Rooms with large bay windows and built-in china cabinets, two bedrooms with closets. The first floor unit has a large sundeck that steps onto a large fenced in side yard area. The second and third floor units feature a small additional room for office or storage space. Each unit has it's own heating and electrical systems which makes this well maintained building a dream to own and operate. Located on the Metro bus line. Minutes to Intown Portland, MMC & Northern Lights hospitals, Jetport, I-95 and surrounded by local breweries, cafes, restaurants and Portland Trails for outdoor recreation!
Three-unit building in perfect Portland location, maintained with pride and attention to detail. All 3 units have been recently updated with new kitchens and bathrooms. Gleaming wood floors, high ceilings, spacious floorpans, and newer windows are found throughout the entire building. Each unit has 2 bedrooms, a large kitchen, updated bathroom, dining room, living room and storage room with deck off the back. Separate boilers, separate water heaters, separate laundry and separate electric meters for easy management. Property has a back yard that tenants can share and a front yard that gets great light for gardening. Plenty of off-street parking in the driveway. Top floor unit is vacant, freshly renovated and ready for a new owner or tenant. Location is amazing - close to all transportation - bus, train, sidewalks, easy I-295/I-95 access and all downtown Portland amenities, nature trails, parks, favorite ocean spots and eateries are right nearby.
Seize this rare opportunity to own a beautifully restored historic building in the heart of downtown, located on Portland's most sought-after street. The larger of the two units offers a bright living/room dining area with large windows, two spacious bedrooms, multiple bathrooms, a Japanese soaking tub, and a billiard/family room. Enjoy stunning city views from your private roof deck! The lower level unit offers comfortable living room and dining areas separated by pocket doors with direct access to one of two off-street parking spaces. Prime location: Steps away from the Arts District and a five-minute walk to Old Port, Downtown, the Waterfront and near hospital. This building was previously set up as two condos and offers many possibilities.
Welcome to 8/10 Devonshire Street! This Portland two-unit home presents incredible opportunity, blending the best of owner-occupancy and investment potential. With easy access to local favorites like Big Sky Bakery, Woodfords Corner, Back Cove, and the Portland Community Squash Center, this location is ideal for those who want to be close to the vibrant amenities that make Portland so unique. The classic features—hardwood floors, ample sunlight, and a backyard deck with a pergola—are perfect for relaxation and entertaining. Plus, separate meters for utilities provide added flexibility and convenience. Unit #1 features 1 bedroom, 1 full bath, and Unit #2 features 2 bedrooms 1 1/2 baths. Come make this property yours!
Quality 2-family. Ideal Location. The Perfect Single-family or Condo Alternative. Centrally located on Portland's peninsula, this comprehensively updated multi-family offers immediate access to everything Portland has to offer. Walk-Score calls this location a 'walker's paradise' and is ideal for anyone who wants to walk, bike, or jump on public transportation. For the last 17 years, the current owner has updated and upgraded everything from the roof to the foundation. There are literally too many updates to list, but a few highlights are windows, exterior and interior doors, trim and siding repairs, roof upgrades, fresh paint inside and out, and an updated side deck just this summer. Both units are condo quality with lots of light, retained period details, warm and welcoming wood floors, and spacious living/kitchen/dining areas. The 3rd level was originally finished and likely tied into the upper unit. This space is a blank slate and, if finished, would afford the top floor breathtaking Back Cove, western mountain, and sunset views. The yard is also a hit with raised garden beds and plenty of room for grilling, chilling, playing, and pets. Note - the first level vacates mid-November, and the second floor is month-to-month, making move-in flexible.
A truly unique opportunity awaits at 3 Grant Street, a Historic Brick Townhouse, with three exceptional apartments, located in the heart of Portland. Each unit was taken down to the studs by the previous owner and the newly designed spaces combine classic interior characteristics with an industrial chic vibe. The first and second floor are currently leased where the third floor unit is a beautifully designed, furnished one bedroom apartment with open air views, vacant and waiting for its next occupant. The current owner has meticulously maintaned the space and added value by renovating the bathroom in the basement, installing an addional washer and dryer in the laundry room, installing a new water heater for the first floor, repairing window frames and reskinning the deck. Notable amenities include air conditioning and radiant floors in every unit, a laundry room with a bathroom, a furnished outdoor patio and keyless locks. If you are a savvy investor looking to owner occupy, this could be an amazing opportunity to make a hassle free transition into a turn key building, walkable to all that Portland has to offer. Showings can be scheduled during the following blocks of time: Tuesday 10/22 from Noon to 2PM and Wednesday 10/23 from 2 to 4pm.
Perfect Townhouse home with 2 generous bedrooms and a nice layout. Have the other unit pay the mortgage as this property is a great investment for an owner occupied person. The left unit of the building has been fully renovated and is ready for occupancy. Both units have separate driveways and entrances. As well as their own sheds and backyard area. There are lots of Portland Trails and this location is close to everything that Portland has to offer with the ease of a nice neighborhood.
106 Cumberland Avenue (Fully renovated four-unit) is being sold with 108 Cumberland Avenue (.19 acre lot). 106 Cumberland- Each unit is 2BR, 2BA with decks, laundry in-unit, city/back bay views. 108 Cumberland- Potential for up to 9 residential units with retail on the first floor. See attached brochure for more information.
Nestled in the vibrant Parkside Neighborhood, this property is a true gem. Tastefully updated and boasting an impressive track record for short-term rentals, it stands out in the market. The area is wonderfully walkable, with Deering Oaks Park just a short stroll away. Venture up the hill to discover charming art galleries, boutique shops, and culinary delights. Don't miss your chance to see this remarkable property! Open House will be held on October 10, 2024, from 4 to 6 P.M.
This highly walkable 3-unit in Portland's West End near the adjoining Arts District is ideally positioned for an investment minded owner occupant. Each unit is a generous 1bed/1bath and the property includes the convenience of 3 side-by-side dedicated parking spaces, along with cozy outdoor space in the backyard. This is the perfect 'starter multi' for a buyer looking to start their real estate portfolio with a house hacking strategy. Also could be a simple pied a terre those looking for a downtown address.
**12 Romasco Lane, Portland, ME - 2-Unit Investment Opportunity in Munjoy Hill!** This beautifully remodeled 2-unit property in the heart of Portland's highly desirable Munjoy Hill offers an exceptional opportunity for both owner-occupants and investors. Tenants are currently month to month. Meticulously updated with Green energy products, this property is as energy-efficient as it is stylish! **First-Floor Unit**: A cozy 1-bedroom, 1-bath layout perfect for easy living. **Second-Floor Unit**: A spacious 2-bedroom, 2-full bath. This unit boasts built-ins designed for maximum storage, including a sleek Murphy-style bed frame, and the potential to add a deck off the primary bedroom for outdoor enjoyment! Both units feature stunning water views of Back Bay Cove and modern stainless steel appliances. The building has been thoughtfully designed for ultimate energy efficiency, with double stud wall construction providing superior insulation, triple-pane windows to block out sound and maintain a comfortable interior climate, and a passive solar design that helps naturally heat the home. When windows are open, the building is designed to naturally vent and cool. Additional features include a fully equipped sprinkler system for added safety and month-to-month tenants offering flexibility for new owners. Set in a prime location, you're minutes from all the best Portland has to offer, including restaurants, parks, and the waterfront. This unique property offers a blend of modern living, energy efficiency, and comfort, making it an excellent investment in one of Portland's most coveted neighborhoods! * Photos were taken before units were rented *
Open House:
Thursday, 11/7 12:00-1:30PM
Incredible opportunity to own a stunning Greek Revival home from 1860 on Munjoy Hill, complete with an income-generating unit, a spacious yard, and a two-car garage. This property offers multiple living options: whether for multi-generational living, renting out the second unit, or enjoying the entire space for yourself! The owner's unit, located at the front of the lot, is a completely independent residence featuring beautifully restored interiors. The first floor transports you to a different time, featuring a drawing room and a ''summer kitchen'' perfect for entertaining guests in your serene backyard oasis. This level also has the potential to serve as a guest suite, complete with a full bathroom. The second floor is truly remarkable, boasting original tin ceilings, wainscoting, and exquisite hardwood floors. You'll find a renovated kitchen and a bright south-facing double parlor that includes a dining area and living room with open views and high ceilings, as well as an en-suite bedroom with a modernized full bathroom. The top floor serves as your primary suite, featuring a full bath, a library/office, and a spacious bedroom. The second unit is a generous five-room apartment with its own private entrance and outdoor deck, providing additional income potential. The exterior is equally impressive, showcasing landscaping around a deck with harbor views. Additional features include updated plumbing/electrical systems, forced hot water radiators, air conditioning, a central vacuum system, complete winterization for low energy costs, high-end energy-efficient windows, a generator, and ample storage in the attic and cellar. Located in the sought-after East End, you'll be close to the Eastern Prom with its endless trails, the East End Beach, the Portland Observatory, BLVL bakery, The Front Room, Jing Yan Tavern, and many charming boutiques. Experience the unique charm and character of this exceptional residence while watching the ships come and go.
A wonderful intown spot to call home or your next investment. This is a large well cared for home in a very convenient yet kind of seperated area in downtown. The home offers rather roomy units and the seller says potential for a third unit on the third floor that she has not had a chance to finish. R6 is one of Portlands most liberal zones.This home has a building lot attached to it as well. This makes for a wonderful yard but maybe another multi unit or home will be its future use.
Introducing 79 Clinton St. A beautifully maintained 3-unit property with a distinctive stucco exterior, located in the highly desirable Deering Center neighborhood of Portland. This classic New England-style building combines historic charm with thoughtful modern updates, making it an ideal opportunity for investors or owner-occupants. The recently renovated third floor offers a stunning one-bedroom apartment with high ceilings, creating a bright and spacious living environment. Each unit features expansive layouts, hardwood floors, and original period details throughout. Exterior decks provide additional outdoor space for relaxing or entertaining. Located just steps from local shops and restaurants, and minutes from Woodfords Corner, you'll enjoy the convenience of city living with a neighborhood feel. Nature enthusiasts will love being close to Baxter Woods and Evergreen Cemetery Woods for scenic walks, while Portland's Back Bay is just a short drive away for waterfront activities and outdoor recreation. With off-street parking, a private yard, and an unbeatable location near schools, parks, and trails, 79 Clinton Street is a true gem with strong rental potential and lifestyle appeal.
Highly sought after Deering Center address, perfectly located for those looking for a quiet home near Baxter Woods, walking distance to Deering Center, Woodfords Corner, Back Cove Trail, and within a few minutes of Downtown Portland. This Portland 2-family is a classic but with a little more of everything than most: generously sized bedrooms, updated kitchen and baths, front and back porches for each unit, a masonry construction garage, large usable basement with walk-out access. The real surprise comes when you enter the third floor - the vaulted ceiling in a grand bonus room plus two more bedrooms and a half bath. 35 Clinton is a special property in the world of Portland 2-units and should not be missed!
Remarkable 4 unit on Portland's peninsula is just a few steps to popular Washington Ave! This well cared for and completely renovated Mansard building, circa 1874, boasts its beautiful exterior period details, sweet backyard, and side garden. Starting on the first-floor front, you'll find a vacant two-bedroom unit with tin ceilings and ornamental fireplace. The first-floor rear offers an adorable one-bedroom apartment with its own private entry. The entire second floor includes a large and open vacant three-bedroom unit with tons of natural light streaming across the hardwood floors. The top floor two-bedroom apartment has a bonus room plus a reading nook. Check out the very tidy basement with 4 large built out storage areas for tenants, a newer boiler and an on-demand Rinnai water heater. Pride of ownership is what you will feel when you tour this wonderful property. There's no worklist needed here, just enjoy!
Welcome to 25 Falmouth Street, a home you will not soon forget. Built in 1918 to the highest standard and brought back to life by it's current owner, you will be swept away by its historic charm and period details. The residence boasts timeless Victorian elegance with 9 ft ceilings, original wood floors and wood work, Corinthian columns, butler's pantries, built in China cabinets, and a striking staircase transporting you back in time. While preserving it's charm, substantial updates have been made including smart, modern and energy efficient heat pumps, on-demand natural gas water heater, and insultation done to Efficiency Maine's recommendations, all of which keep energy costs remarkably low for a building of this grandeur. Originally built as a stately 2-family residence and left unaltered, both units have private entrances, a private porch, separate kitchen, dining, living, and office/picture rooms in addition to 3 or 4 bedrooms, making it challenging to choose a true Owner's unit, but presenting a fantastic opportunity for a condo conversion. Situated on a generous 10,000 sq ft lot, the property includes a large fenced-in yard and a 2-car garage with potential for conversion into a third unit or accessory dwelling unit (ADU). Ample off-street parking is also available for 6 or more vehicles. Located in arguably the most central and convenient location in all of Portland, you'll find yourself just around the corner to both 295 N and S, walking distance to the grocery store, countless restaurants including the savory bagel spot, Rose Foods, and a hop over to the Farmer's Market. Just across the street, you face the USM campus and gym offering a unique opportunity to witness and reap the benefits of it's current ''renaissance''. Last, but not least, Back Cove is a 5 MINUTE walk. Don't miss your opportunity to own this one of a kind of property.
Discover a rare gem in the heart of Portland! The historic 'Harbor View Apartments' is a unique 8-unit multifamily that offers one 2 bedroom and seven 1 bedroom units. This 7556 sqft 19th century Mansard Style building has breathtaking views of Casco Bay from every apartment. With its rich history and prime Eastern Promenade location, this property presents an exceptional investment opportunity. Each unit boasts original features and character, providing a charming and desirable living experience. Enjoy stunning sunrises, serene water views, and easy access to local amenities, such as the Old Port, Bayside, East End Beach and the Eastern Promenade Trail. This property offers endless possibilities, and is a prime candidate for condo conversion. Don't miss your chance to own this historic, one of a kind property.
Known as the Nathan Nutter House, this historic 2.5 story home was built in 1840 for a local Portland merchant. The original 3,686± square foot Greek Revival building was converted into a two-family dwelling in 1924 and then most recently into four one-bedroom apartment units. Recognized by Greater Portland Landmarks, the property is publicly on the market for the first time in 38 years. The building underwent a complete ''to the studs'' renovation in 1972 and with more recent improvements, the building is in excellent condition. The security entranceway from the street leads to a private open courtyard with steps up to the individual units. The four one-bedroom units each have multi-level floorplans and access to outside covered porches. A perfect candidate as an owner-occupied investment property, one apartment received a total 2024 renovation including new kitchen, appliances, flooring, lighting and paint. Also, a possible condo conversion. Located within short walking distance from the property are the numerous amenities of Portland and its waterfront including nationally recognized restaurants, specialty shops, galleries, art museums, sports and theatrical events and the hospital. Portland's International Jetport, beaches, marinas, and golf facilities are all nearby.
Welcome to 98 Dartmouth Street. Experience the perfect blend of historical charm and modern elegance in this meticulously maintained and remodeled two family. Each unit boasts two bedrooms, one bath with beautiful hardwood floors throughout. New custom kitchens with granite and quartz counter tops. A bright and airy sunroom looking over the backyard compliments each unit. Enjoy your morning coffee on the front porch or second story street side deck. The property has a newer roof, newer windows, new heating system, refinished hardwood floors, and many more upgrades. The property has separate utilities, making this the ideal investment or owner occupied home. Existing dormer on the third floor gives great possibility for expansion. This is the perfect Oakdale neighborhood with tree-lined streets, close to the Old Port, Woodford's Corner, walking distance to the Back Cove, USM, many local restaurants and much more. Enjoy the large outdoor space with a privately fenced in backyard.
Investment opportunity alert: sitting in the center of Portland's endless perks, this two-unit property is a treasure not to be missed! Two well-maintained units with newer roofs and separate driveways, entries, laundry + utilities make life easy for landlord & tenant alike. The Colonial Unit offers hardwood floors, recessed lighting, and an airy main-floor layout. The seamlessly situated kitchen & dining room make for easy chatting while cooking; a mudroom hosts keys, coats and boots. The living room is big enough for entertainment and simultaneous study sessions. Upstairs, two bedrooms and a full bath await. Need space to store your stuff? The walk-up attic and basement (with washer/dryer!) are the solution. The Ranch Unit once served as a daycare (and could possibly again, with town approval). With a soon-to-expire lease, this apartment could also be the answer to your owner-occupied dreams. This unit's bedroom, office/multi-use room, washer/dryer & two bathrooms make daily life a breeze. Outside, a spacious deck, big backyard and one-car garage (suitable for storage only) bring a country vibe to this city-central spot. Perched in one of the most convenient areas of Portland, this place has easy proximity to Payson Park, Baxter Boulevard and restaurants, shopping, schools, the bus line, highways and the airport. This property is poised to be your pride and joy - come take a look!
Outstanding is an understatement when describing this remarkable mixed use multi-unit offering. Located at the center of Portland's vibrant, eclectic and uber desirable Munjoy Hill/ East End, locations don't get better than this. Walk Score calls this a 'walker's paradise' with everything you want and need within blocks. Located in a B1 zone, the property is home to a mix of residential and commercial uses. The corner commercial unit is home to Belleville (BLVL), an acclaimed and thriving bakery and coffee shop. The 5 remaining units are condo-ready-quality and fully updated 1 bedroom, 1 bath residential apartments. Each unit is bathed in natural light and each looks out onto local landmarks (neighboring homes and the Portland Observatory), the city skyline and even toward the setting sun over Back Cove. Units enjoy separate utilities, super-efficient heat and hot water and each rent is at-market. Over the past decade the current owners have gone unit by unit to update everything from the foundation to the roof to create something outstanding. Just outside the door you are instantly in the heart of the East End and a short walk to inner Washington Ave, the Old Port, in-town, Portland Foreside, East End beach, Eastern Promenade and more. With NOI of $140K and a 5.6 CAP Rate this is not only a worry-free addition to the portfolio, it is highly profitable. Shown by appointment Monday through Friday between 10AM and 5PM with 24+ hours notice.
Welcome to 33 Deering Street, a perfect example of Portland history! Nestled in the heart of the peninsula of Portland, this stately owner-occupied brick 5 unit is within easy reach of Portland's Arts District offering shopping, dining, entertainment and cultural attractions. The first floor houses a gracious owners' unit complete with high ceilings, beautiful original features including a fireplace and a decorative bay window. There is also a generous sized bonus office space built in the lower level. On the second floor, you will find two studio units as well as a very charming 1-bedroom unit. The whole 3rd floor is home to a roomy 2-bedroom apartment with nice views on three sides. New windows and a new boiler are just a couple of updates at this well cared for building. There is parking for 2 vehicles located on the property, with plenty of street parking as well. This popular sought after location ensures easy rentals!
Excellent West End location for this 1862 victorian home that has not been on the market for over 40 years. There is a great deal of potential as you enter and see the original staircase with stain glass windows, high ceilings, original moldings, hardwood floors, french doors. The home was built as a single and is now being used as a 2 family. The 1st level of the main house offers 2 living rooms, dining room, large sunroom and eat in kitchen over looking a nice size yard. The 2nd floor offers 2 bedrooms and a bath, the 3rd floor offers 1 bedroom or an office. The apartment offers a 3 story townhouse which consists of a Living room, eat in kitchen 1 bedroom and a bath. The back yard overlooks the Taylor Street City Park which offer a playground and basketball.
Opportunity awaits! Located at the center of the peninsula and in Portland emerging Bayside neighborhood this commercial/mixed use investment provides income and opportunity. The main level is leased @ $3,300pm modified gross (tenants pay heat, ac, hot water and electric) and this space is lovely. The upper 2.5 levels have been gutted and await your imagination and finish. The current owners have plans for 5 residential apartments but the options are many. With ReCode this site is slated to become a B2B zone and even more desirable. The bones are good - the location fantastic - the opportunity apparent. Shown by appointment Monday through Friday 10Am to 4PM with advanced notice.
The median home value in Portland, ME is $562,500. This is higher than the county median home value of $470,000. The national median home value is $338,100. The average price of homes sold in Portland, ME is $562,500. Approximately 41.95% of Portland homes are owned, compared to 47.79% rented, while 10.27% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!
Portland, Maine has a population of 68,063. Portland is less family-centric than the surrounding county with 28.1% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Portland, Maine is $66,109. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in Portland is 36.9 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 10.8 degrees. The average rainfall is approximately 48.9 inches per year, with 61 inches of snow per year.