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Multi-FamilyMEPortland041031638 Forest Avenue, Portland, ME, 04103

1638 Forest Avenue, Portland, ME, 04103

1638 Forest Avenue, Portland, ME, 04103
3 baths
$999,000
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Basics

  • Date added: Added 6 months ago
  • Category:
  • Status:
  • Bathrooms: 3
  • Lot size: 2.79 sq ft
  • Year built: 1920
  • Bathrooms Full: 3
  • Lot Size Acres: 2.79 acres
  • Zoning: RN-1
  • County: Cumberland
  • MLS ID: 1641961

Description

  • Description:

    A unique opportunity for investors or developers—this property includes a well-maintained two-family home plus an additional lot for a combined total of almost 2.8 acres. The current owner has already been in contact with the city, and there's potential to build multiple new homes (buyers encouraged to perform due diligence). The existing two-unit features classic charm with hardwood floors, high ceilings, original moldings, decks, and porches. Enjoy solid rental income or owner-occupy while exploring future development possibilities. A property with this much space and flexibility doesn't come around often!

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Location

  • View: Trees/Woods

Building Details

  • Building Area Total: 2533 sq ft
  • Number Of Units Total: 2
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Victorian
  • Sewer: Public Sewer
  • Heating: Baseboard
  • Roof: Shingle
  • Foundation Details: Brick/Mortar
  • Levels: Multi-Level
  • Basement: , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Wood
  • Parking Features: 11 - 20 Spaces, Paved, Off Street
  • Garage Spaces: 0
  • WaterSource: Public
  • Interior Features: 1st Floor Bedroom, Bathtub
  • Lot Features: Open, Level, Sidewalks, Wooded, Near Golf Course, Near Turnpike/Interstate, Near Town, Near Public Transit
  • Window Features: Double Pane Windows
  • Cooling: None

Fees & Taxes

  • Gross Income: $11,400

School Information

  • High School District: Portland Public Schools

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: The Atlantic Real Estate Network

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