$649,000
MLS#: 1608946
- Type: Multi-family
- Lot Size: 0.14 Acres
- Year Built: 1910
- Square Feet: 2,244
Property Details
Discover the potential in this impeccably maintained two-unit property in the heart of South Portland. It offers the versatility of a stable investment or a comfortable home with income opportunities and is located in a quiet area beloved for its blend of small-town charm and convenient access to city amenities. This home has been thoughtfully updated to provide comfort, efficiency, and peace of mind for both residents and investors.
The property's exterior showcases a new roof (2018), providing peace of mind for low-maintenance ownership and long-term reliability. A spacious parking area provides convenience for residents and guests alike. Inside, you'll be greeted by the warmth of hardwood floors that flow through both units, creating an inviting and timeless aesthetic. Each unit boasts modern touches, including stainless steel kitchen appliances, in-unit washer and dryers, and heat pump water heaters (2019) - all designed for comfort and efficiency.
Each single-level unit features flexibility perfect for any lifestyle. The first floor unit boasts 3 bedrooms and 1 bathroom, while the second floor unit offers 2 Bedrooms, 1 Bathroom and flexible space. With both units currently occupied, including one tenant-at-will, this property offers a strong monthly income of $4650.
Whether you're an investor looking to step into a ready-made investment with consistent rental income or a homeowner interested in generating rental income by living in one unit and renting out the other, this property offers incredible flexibility and opportunity.
Property Listed by: Keller Williams Realty
Home Features
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
2244
Land Features
Electric:
Circuit Breakers
Map (approximate)
