Great Owner-Occupied Opportunity with substantial upside for future income and increased profitability.

Th multi-unit property consists of three 1 Bedroom 1 Bath units. Just minutes to local hospitals, parks and recreation, Seadogs and fantastic restaurants. Super opportunity to homestead in fabulous Portland. Very well maintained property with abundant parking to the rear plus on-site laundry. Updates include newer siding and windows and more recently new natural gas-fired FHW boiler, roof shingles, electrical panels, basement spray foam, additional drainage with sump pump.

Three units: 1st floor offers a studio-style unit with hardwoods and an additional unit with hardwood floors and open plan Living Room, Kitchen + Bedroom. Spacious second-floor larger unit with gorgeous wide pine boards with Living Room, G alley Kitchen and, bedroom. Hardwoods + full basement w/communal laundry facilities. Two private rear decks. Don't miss - broker accompanies showings. Notice required. Tenants in all properties.

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on 368 Park Ave
in Portland, ME
Presented by Deborah A Meek at
Keller Williams Realty Greater Portland.


Property MLS #1594071 from MaineListings

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+ Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

+ Interior Features

1st Floor Bedroom
One-Floor Living
Shower
Storage
Flooring: Wood, Tile, Laminate, Carpet

+ Other Rooms

Basement Features: Bulkhead, Brick/Mortar, Full, Sump Pump, Exterior Entry, Exterior Only, Unfinished

+ Heating and Cooling

Cooling Features: A/C Units
Heating Features: Multi-Zones, Hot Water, Direct Vent Furnace, Baseboard
Heating: Yes

+ Exterior and Lot Features

Patio And Porch Features: Deck

+ Land Info

Lot Description: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
Lot Size Acres: 0.13
Lot Size Square Feet: 5663

+ Garage and Parking

Parking Features: 1 - 4 Spaces, Paved, On Site

+ Rental Info

Gross Income: 26700

+ Multi-Unit Info

Number of Units: 3

+ School Information

School District: Portland Public Schools
+ Display Complete School Details

King Middle School is a public middle school located approximately 0.5 miles away.
Map directions

Ocean Avenue is a public elementary school located approximately 1.5 miles away.
Map directions

Christian Academy of Portland is a private high school located approximately 0.1 miles away.
Map directions

Baxter Academy for Tech & Sciences is a public high school located approximately 1.1 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0
Pets Allowed: No Cats Allowed, No Dogs Allowed

+ Other Property Info

Annual Tax Amount: 4934
Source Listing Status: Active
County: Cumberland
Directions: GPS friendly. Park Avenue is one way. Parking lot at rear of property or on-street.
Source Property Type: Multi-Family
Parcel Number: PTLD-000067-C000004-000001
Postal Code Plus 4: 2764
Zoning: R6-Residential
Source System Name: C2C
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+ Commercial Info

Operating Expense: 12836

+ Building and Construction

Year Built: 1910
Above Grade Finished Area: 1149
Building Area Total: 1149
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
Property Age: 114
Roof: Shingle
Levels or Stories: 2
Building Total Stories: 2
Architectural Style: Cape, Other Style

+ Utilities

Sewer: Public Sewer
Utilities On
Water Source: Public