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ResidentialSingle Family ResidenceMEPortland04102242 Valley Street, Portland, ME, 04102

242 Valley Street, Portland, ME, 04102

242 Valley Street, Portland, ME, 04102
2 beds
2 baths
$499,000
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Basics

  • Date added: Added 4 months ago
  • Category:
  • Type:
  • Status:
  • Bedrooms: 2
  • Bathrooms: 2
  • Lot size: 0.11 sq ft
  • Year built: 1900
  • Subdivision Name: West End
  • Bathrooms Full: 1
  • Lot Size Acres: 0.11 acres
  • Rooms Total: 4
  • Zoning: B2b
  • County: Cumberland
  • MLS ID: 1633012

Description

  • Description:

    A rare opportunity in Portland's vibrant St. John Street Valley neighborhood. This historic home has seen better days, but the foundation is solid and the potential is undeniable. Bring your tools, vision, and energy—this is a true sweat equity special, ideal for an owner-occupant, investor, or flipper looking to refurbish and resell for significant profit. The location is unbeatable: just off the peninsula and walkable to Maine Med, Mercy Hospital, Deering Oaks Park, Hadlock Field, the Western Prom, Portland's new pro soccer stadium, groceries, gastropubs, and more. Zoned B5—one of the city's most flexible and valuable zones—allowing residential, commercial, or mixed-use development up to 75' in height with limited setbacks. Whether you're looking to renovate, flip, or redevelop, this is a remarkable opportunity at just 399K. Sold as-is, where-is.

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Location

Building Details

  • Building Area Total: 1281 sq ft
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Other, New Englander
  • Sewer: Public Sewer
  • Heating: Hot Water
  • Roof: Shingle
  • Levels: Multi-Level
  • Basement: , , , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl, Carpet
  • Utilities: Utilities On
  • Parking Features: No Driveway, On Street
  • Garage Spaces: 0
  • WaterSource: Public
  • Lot Features: Open, Level, Sidewalks, Interior Lot, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • Fireplaces Total: 0
  • Cooling: None

School Information

  • High School District: Portland Public Schools

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: Benchmark Real Estate

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Office: 207-942-6310

458 Main Street
Bangor, ME
LICENSE #BA928013
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