• 5 BA
  • 5 units
  • 7,446 sq.ft.
  • 0.12 acres
$1,595,000
  • property type Multi-Family
  • class Multi-Family
  • style Multi-Level
  • year built 1910
  • listing office Maine Real Estate Co

2 retail & 5 residential units in a prime location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with two street-level retail units, perfect for businesses seeking prime visibility, and five residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms. The full unfinished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience. Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property.

  • Style Multi-Level
  • Year Built 1910
  • Lot Size 0.12 acres
  • SQFT Finished Above Grade 7446
  • County Cumberland
  • City Portland
  • Zone B2B
  • Location Business District, Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate
  • Water Frontage No
  • Seasonal No
  • Full Tax Amount $16,448.00
  • Tax Year 2023
  • Association Fee $0.00
  • Total Units 5
  • Baths Total 5
  • Baths Full 5
  • Basement Full, Unfinished
  • Construction Masonry
  • Exterior Brick, Brick Veneer
  • Color Brick
  • Foundation Materials Block, Poured Concrete
  • Basement Full, Unfinished
  • Roof Flat, Other
  • Floors Carpet, Tile, Vinyl
  • Heat System Baseboard, Hot Water
  • Heat Fuel Oil
  • Gas Natural - On Site
  • Water Heater Electric,Off Heating System
  • Electric No
  • Water Yes
  • Waste Water Disposal Yes
  • Driveway Common, Paved
  • Parking 1 - 4 Spaces, Off Street
  • Roads Paved, Public
Listed By:
Maine Real Estate Co