Discover a fantastic investment opportunity at 20 Hanover St in Portland!

This well-maintained triplex features three units. The top floor unit has been recently refreshed and is vacant, ready for its new owner or tenant. With all units having separate utilities, tenants cover their own utility costs, maximizing your rental income. The refreshed top-floor unit offers immediate rental potential, while the other two units are consistently occupied, ensuring steady revenue. This property promises a strong return on investment with its prime location and minimal maintenance requirements.

Situated in a vibrant neighborhood, this property is perfect for both investors and those looking for an owner-occupied residence. Portlnd is known for its scenic beauty, thriving arts scene and diverse culinary offerings. Walk around the corner to get top-notch breakfast at Bayside American Cafe or check out Schulte and Herr for a home-style German restaurant. You will have more options at your fingertips than you will know what to do with. Enjoy the best of urban living with the charm of a close-knit community. Don't miss out on this prime location offering both convenience and potential for extraordinary returns!

Request Information
on 20 Hanover St
in Portland, ME
Presented by Jeff Mateja at
Keller Williams Realty.


Property MLS #1594996 from MaineListings

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

+ Other Rooms

Basement Features: Finished, Interior Entry, Walk-Out Access

+ Heating and Cooling

Heating Features: Direct Vent Heater
Heating: Yes

+ Interior Features

Flooring: Wood, Vinyl, Tile, Carpet

+ Exterior and Lot Features

Patio And Porch Features: Deck

+ Land Info

Lot Description: Sidewalks, Landscaped, Intown, Near Shopping, Neighborhood, Near Public Transit
Lot Size Acres: 0.1
Lot Size Square Feet: 4356

+ Garage and Parking

Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

+ Rental Info

Gross Income: 67380

+ Multi-Unit Info

Number of Units: 3

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 5763
Source Listing Status: Active
County: Cumberland
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Intown
Parcel Number: PTLD-000033-I000014-000001
Postal Code Plus 4: 2985
Subdivision: Intown
Zoning: R-6
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-07-13
$779,000
MaineListings

---

Listed 2024-06-27
$799,000
MaineListings

---

Listing removed 2011-05-31
$299,000
MaineListings

---

Price Changed 2011-05-12
$299,000
MaineListings

---

Price Changed 2011-02-09
$324,500
MaineListings

---

Relisted 2010-12-21
$339,000
MaineListings

---

Listing removed 2010-12-21
$339,000
MaineListings

---

Listed 2010-12-20
$339,000
MaineListings

---

Listing removed 2010-12-17
$344,500
MaineListings

---

Price Changed 2010-11-19
$344,500
MaineListings

---

Price Changed 2010-08-12
$349,500
MaineListings

---

Price Changed 2010-07-07
$357,500
MaineListings

---

Price Changed 2010-06-04
$368,000
MaineListings

---

Price Changed 2010-05-20
$372,000
MaineListings

---

Price Changed 2010-05-17
$378,000
MaineListings

---

Price Changed 2010-01-28
$389,000
MaineListings

---

Relisted 2009-10-28
$395,000
MaineListings

---

Listing removed 2009-10-24
$395,000
MaineListings

---

Listed 2009-09-18
$395,000
MaineListings

---

Sold 2004-10-01
$369,000
Public Record

+ Commercial Info

Operating Expense: 20794.43999999

+ Building and Construction

Year Built: 1915
Above Grade Finished Area: 4320
Building Area Total: 4320
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Property Age: 109
Roof: Pitched, Shingle
Architectural Style: Greek-Revival

+ Utilities

Sewer: Public Sewer
Utilities On
Water Source: Public

+ Display Complete School Details

King Middle School is a public middle school located approximately 0.6 miles away.
Map directions

Ocean Avenue is a public elementary school located approximately 1.7 miles away.
Map directions

Baxter Academy for Tech & Sciences is a public high school located approximately 0.2 miles away.
Map directions

East School is a private elementary and middle school located approximately 0.4 miles away.
Map directions