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Multi-FamilyMEPortland04103777 Forest Avenue, Portland, ME, 04103

777 Forest Avenue, Portland, ME, 04103

777 Forest Avenue, Portland, ME, 04103
1 bath
$895,000
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Basics

  • Date added: Added 2 days ago
  • Category:
  • Status:
  • Bathrooms: 1
  • Lot size: 0.14 sq ft
  • Year built: 1930
  • Bathrooms Full: 1
  • Lot Size Acres: 0.14 acres
  • Zoning: B2
  • County: Cumberland
  • MLS ID: 1656222

Description

  • Description:

    Mixed-use property offering both residential and commercial income potential in a highly visible Forest Ave location. Property includes a ground-level retail space with established tenant and a spacious, renovated two-level 5-bedroom residential unit.

    The residential unit offers strong rental potential, making this an attractive opportunity for investors or owner-occupants. Off-street parking and flexible layout add to the property's appeal.

    The building is equipped with natural gas heating, updated hot water heater, and a commercial-grade fire alarm and sprinkler system.

    Ideal for those seeking rental income, a live/work setup, or long-term investment in a prime Portland location. Also listed as Commercial MLS #1655962

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Location

Building Details

  • Building Area Total: 3948 sq ft
  • Number Of Units Total: 1
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Colonial
  • Sewer: Public Sewer
  • Heating: Heat Pump, Forced Air
  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Basement: ,

Amenities & Features

  • Electric: Circuit Breakers
  • Parking Features: 5 - 10 Spaces, Paved
  • WaterSource: Public
  • Lot Features: Sidewalks, Near Turnpike/Interstate, Near Public Transit
  • Cooling: Central Air

Fees & Taxes

  • Gross Income: $58,800

School Information

  • High School District: Portland Public Schools

Courtesy of

  • List Office Name: F.O. Bailey Real Estate

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