Portland ME Multi Family for Sale

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL 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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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!

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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!

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

Developers Take Notice! This oversized lot is approved for development of 7 condo units. Stunning views overlooking the ocean and located in the highly-desirable Munjoy Hill neighborhood on a quiet street. This lot is just waiting for the right developer to bring their vision and be part of the booming development of Portland Maine!

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

OWNER FINANCING AVAILABLE. Developers and Investors take notice. Large 6 unit located on the ultra desirable East End (Eastern Promenade) of Portland. This is a rehab project perfect for basic or high end rentals, or you could condo the units and sell them off individually. on site parking for up to 5 cars. Don't miss this exciting opportunity.