South Portland ME Multi Family for Sale
$649,000
9 Avenue South Portland, ME 04101
- Type:
- Multi-Family
- Sq.Ft.:
- 2,244
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- 1608946
View additional info
Courtesy: Keller Williams Realty
207-879-9800
ADDITIONAL INFORMATION
Discover the potential in this impeccably maintained two-unit property in the heart of South Portland. It offers the versatility of a stable investment or a comfortable home with income opportunities and is located in a quiet area beloved for its blend of small-town charm and convenient access to city amenities. This home has been thoughtfully updated to provide comfort, efficiency, and peace of mind for both residents and investors. The property's exterior showcases a new roof (2018), providing peace of mind for low-maintenance ownership and long-term reliability. A spacious parking area provides convenience for residents and guests alike. Inside, you'll be greeted by the warmth of hardwood floors that flow through both units, creating an inviting and timeless aesthetic. Each unit boasts modern touches, including stainless steel kitchen appliances, in-unit washer and dryers, and heat pump water heaters (2019) - all designed for comfort and efficiency. Each single-level unit features flexibility perfect for any lifestyle. The first floor unit boasts 3 bedrooms and 1 bathroom, while the second floor unit offers 2 Bedrooms, 1 Bathroom and flexible space. With both units currently occupied, including one tenant-at-will, this property offers a strong monthly income of $4650. Whether you're an investor looking to step into a ready-made investment with consistent rental income or a homeowner interested in generating rental income by living in one unit and renting out the other, this property offers incredible flexibility and opportunity.
$549,000
1295 South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 1,670
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 1608405
View additional info
Courtesy: CENTURY 21 Advantage
207-782-2121
ADDITIONAL INFORMATION
Discover this well-maintained multi-unit building featuring two spacious units, perfectly situated in the heart of South Portland. With its fantastic location, you'll have easy access to all the amenities that the Greater Portland area has to offer. This property is an ideal choice for investors or those looking to occupy one unit while generating rental income from the other. Both units boast separate heating and electric systems, ensuring tenant comfort and efficiency. Both units have the potential to operate with space for 2 bedrooms. The building has a proven rental history, providing peace of mind for your investment. Retaining much of its original charm, the property showcases beautiful details such as stained glass windows and original woodwork, making it a delightful place to call home. Enjoy the private outdoor space, including a lovely deck that accompanies the second-floor unit—perfect for relaxing or entertaining. Plus, off street parking available for residents. With public water and sewer, this property is not only convenient but also a smart investment in a highly desirable location. Don't miss out on this opportunity—schedule a showing today!
$1,250,000
13 Street South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 3,729
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 1608129
View additional info
Courtesy: Demetria Real Estate
207-839-5122
ADDITIONAL INFORMATION
Fantastic location, flexible use, abundant space, historic charm, views of Casco Bay. This 2 unit building is located in the heart of Knightville, South Portland. Blocks away from some of the best dining and shopping that South Portland has to offer, this property also boasts close proximity to Thomas Knight Park and the public dock at Knigtville Landing. Just a stone's throw from the Casco Bay Bridge, with easy access to Portland. A great place to live and/or work! Current owner utilizes the first floor unit for professional office space, featuring 2 half baths and multiple flexible office spaces. Upstairs, the residential unit currently serves as the owner's residence with two floors featuring hardwood floors, spacious kitchen that opens into a living room, formal dining room, gas fireplace, roof deck with views of Casco Bay, two full baths and more. Direct exterior access as well as an interior stairwell. Village Commercial zoning allows flexible uses, contact the City to discuss any intended use or the potential for condo conversion. Bring your creativity to unlock the full potential of this property. Also listed as MLS#1608125 and #1610497
$849,000
449 Street South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 2,112
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 1599165
View additional info
Courtesy: Maine Real Estate Co
207-229-5449
ADDITIONAL INFORMATION
GREAT OPPORTUNITY!! This 2 unit in SOPO has been beautifully updated. The restaurant space has been updated to include new electrical, flooring, siding, roof, boiler, windows and many more updates. The space is ready for its new destiny!
$749,000
449 Street South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 2,112
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 1599167
View additional info
Courtesy: Maine Real Estate Co
207-229-5449
ADDITIONAL INFORMATION
GREAT INVESTMENT OPPORTUNITY!! This 2-unit in SOPO has been beautifully updated and is currently occupied by one tentant. The restaurant space is vacant and has been updated to include: new electrical, flooring, paint, siding, roof, boiler, windows and more. The space is ready for its new destiny. There is an additional lot available in MLS 1599165 for the purchase price of $975,000.00 for the entire package. Thorton Heights is the neighborhood. Be sure to take a look today!
South Portland Real Estate
The median home value in South Portland, ME is $500,000. 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 South Portland, ME is $500,000. Approximately 60.34% of South Portland homes are owned, compared to 33.63% rented, while 6.04% are vacant. South 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 South Portland real estate agent to arrange a tour today!
South Portland, Maine has a population of 26,428. South Portland is less family-centric than the surrounding county with 26.04% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in South Portland, Maine is $73,899. 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 South Portland is 43.2 years.
South Portland Weather
The average high temperature in July is 78.4 degrees, with an average low temperature in January of 11 degrees. The average rainfall is approximately 49 inches per year, with 55.8 inches of snow per year.