100% occupied brick 15,126 square foot mixed-use property. This historic building has undergone major renovation with new storefronts, windows, heating, plumbing, electrical, etc. The first floor is comprised of six retail storefronts currently configured for 5 tenants. Facing busy Forest Avenue and Bishop Street, property offers visibility on one of the busiest intersections in the state of Maine. The second floor is new residential, comprised of 25 rooming units and common areas. The rear of the building offers parking and a loading dock. In addition, a separate .1825-acre, 20+ space parking lot is being conveyed with possible development opportunity. Current professional management is also available to the new owner if desired. Excellent financials, ideal for 1031 exchange investment. Close to many area restaurants, stores, businesses, and the University of New England. Also Listed Commercial MLS #1611107
Located on a large corner lot in the sought-after Deering Center area of Portland, this well-maintained 4-family property offers a unique opportunity for investors or homeowners seeking rental income potential. Within walking distance of Longfellow Elementary, Lincoln Middle School, and Deering High School, this property is perfectly positioned for convenience and community access. Property Highlights: • Large Corner Lot with ample outdoor space, offering privacy or additional landscaping. • Separate Utilities: Each unit has its own electric meter, oil supply, heating system, and hot water heater, providing tenants with individual control over their utilities. • Washer & Dryer Hookups for all units in the basement, making laundry a breeze for all residents. Unit Details: • Carriage House Unit: This charming, private unit features its own separate entrance and includes 3 bedrooms, 1.5 baths, and a cozy wood-burning fireplace, perfect for comfortable living. • First Floor Unit: Versatile and adaptable, this unit can function as either a 2-bedroom or 3-bedroom, providing options to suit your needs. • Second & Third Floor Units: Each unit offers 2 bedrooms, 1 bath, with spacious layouts and abundant natural light. This property offers the best of both worlds with the potential for multi-family living or rental income, all within a vibrant Portland neighborhood. With its proximity to schools, parks, and local amenities, it's a fantastic investment in a prime location. Don't miss this opportunity to own a piece of Deering Center's growing community! Note: One unit is owner occupied with 2 additional units occupied by owner's family hence the rent numbers.
Step inside to this beautiful, well maintained two-unit property on a quiet street in the desirable Back Cove neighborhood. Each unit features 2 bedrooms/1 bathroom, updated kitchens with granite countertops, updated bathrooms, and private laundry for added convenience for residents. One unit is vacant and ready for immediate occupancy, making it an ideal opportunity for an owner-occupant or investor. Recently updated heating systems in both units and the basement ensure year-round comfort and efficiency. Additional energy efficiency perks include new water heaters and insulation throughout the entire property. Enjoy the peaceful fenced in backyard complete with a deck, flat lawn area, and a cozy fire pit. The property also includes a private driveway plus additional on-street parking if needed. Just a short distance to neighborhood restaurants and shops, Baxter Boulevard, Payson Park, as well as easy access to Portland Trails right at the end of the road. Less than 10 minutes to Downtown Portland, making commuting a breeze! Don't miss this exceptional opportunity to own a beautifully updated property that combines modern amenities, classic charm, and a prime location.
Welcome to 117 & 119 Sherwood Street, a charming multi-family home located in Portland's East Deering Neighborhood. Each unit offers 2 bedrooms, one full bath and a spacious kitchen. This property offers the benefits of neighborhood living with a large private backyard, while being conveniently located near access to 295, USM and UNE campuses, and the Old Port. Schedule a viewing today - opportunities await!
Renovated 2 family property. Both units are currently vacant (rent amounts are estimated). Refinished Hardwood Floors through out each unit. High ceilings and historic details with built ins. Updated Kitchens with new cabinets, granite countertops and stainless steel appliances, Each unit has a fireplace, 3 bedrooms, and an office/den which could be used as a 4th bedroom. Large 1st Floor has 2 bathrooms, 2nd Floor has 1 bathroom, but has plenty of space for additional bathrooms, large 3rd floor attic with an existing stairway could be finished for additional living space. Great for an owner occupied property, or rent out each unit individually, or could also be a great for a group home.
Welcome to this expansive 4-bedroom, 3-bath colonial home in a highly sought-after Scarborough location, offering the perfect blend of style and versatility. Step inside to discover a large gourmet kitchen that will delight any home chef, featuring a spacious center island, sleek countertops, and a convenient wall oven, ideal for preparing meals and entertaining guests. Upstairs you will find a spacious primary suite featuring vaulted ceilings and a private balcony for those quiet moments. Enjoy year-round relaxation in the enclosed sunroom, complete with a hot tub and radiant heated floors. The walk-out basement is an entertainer's dream with a custom bar area and polished epoxied floors. Step outside to your private oasis, where an inground pool, outdoor kitchen, and wood-burning fireplace await. Whether you're lounging by the pool or enjoying an al fresco meal, this backyard was designed for year-round enjoyment. Car enthusiasts will appreciate the attached heated 3-car garage offering ample space for your vehicles. If that's not enough, the detached 988 sq. ft. ADU built in 2021 offers even more possibilities. Features include 2 bedrooms, 1 bath, laundry, cathedral ceilings, private balcony, and a separate 2-car heated garage. This ADU is ideal for generating rental income or providing space for multi-generational living. This property offers unparalleled flexibility and rare opportunity in this desirable Scarborough location. Don't miss out! Main House: 4 Bedrooms. Accessory Dwelling Unit: 2 Bedrooms.
The median home value in Portland, ME is $451,100. This is lower 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 $451,100. 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 04103 has a population of 68,063. Portland 04103 is less family-centric than the surrounding county with 17.44% 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 04103 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 04103 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.