Multi-Family Homes

MLS Number 1560597

• MultiFamily
• Bathroom 8
• Square Feet 10,769
• Acreage 0.51

Steeped in history and architectural splendor, the John Marshall Brown Residence, circa ~1867 is currently home to 8 wonderful residences and a truly magnificent carriage house. Located in the very heart of Portland's historic West End and set on an idyllic half acre, with gracious lawns, flowering trees and a sweeping drive you are transported to a time of grandeur. The preserved period details are nothing short of historic artifacts and a wonder to behold. While precious and preserved, the property has had significant updates with each unit offering light, bright and updated living. Units range from 1-2 bedrooms and rents are below market with room for improvement. With an NOI of $138,795 and a CAP rate of 4.6 the property functions well for the portfolio minded investor but there is also a condo conversion play. While several units are ideal for the owner occupant one can also see the logic in eliminating units to bring the property back to a 1-2-3 family. The carriage house, much as it appeared over 150 years ago, offers a blank canvas. Almost too good for vehicles, let your mind wonder and imagine the residence this could become. Note - the property is likely eligible for historic tax credits to help with reimagination and rehabilitation. With an address and location that are second to none and walkability to the Western Prom, Waynflete (one of the most prestigious private K-12 schools anywhere) and much, much more this is an opportunity not to be missed. ONLY SHOWINGS: Friday 6/2 and Monday 6/5 from 12-2. Open to agents and buyers with no appointment needed.

Listed by Benchmark Real Estate

MLS Number 1523263

• MultiFamily
• Bathroom 20
• Square Feet 21,000
• Acreage 0.82

Listed by Keller Williams Realty

MLS Number 1554861

• MultiFamily
• Bathroom 8
• Square Feet 7,305
• Acreage 0.32

Welcome to 147 Pleasant Avenue, a stately Victorian in the heart of the Deering Center neighborhood. This six-unit retains the charm of a building from 1871, but it has been upgraded for the modern day. Enjoy architectural details, a grand entry, original maple floors, 12-foot ceilings, and marble fireplaces. Outdoors you will find a large backyard, a perennial garden, and a large vegetable garden. Pleasant Avenue is a quiet residential street with walking access to Pat's Meat Market, the Evergreen Cemetery, Portland Trails, Rosemont Bakery, and local restaurants. Investors take note, this would make a good condo conversion. Each unit has its own utilities. The large lot also has off street parking for 10 cars.

Listed by The Atlantic Real Estate Network

MLS Number 1561715

• MultiFamily
• Bathroom 12
• Square Feet 11,896
• Acreage 0.57

12-units on a huge lot close to Portland's downtown, Back Cove, and the future Roux Institute campus. These side-by-side 6-unit buildings enjoy a large yard and parking lot for 16 +/- cars. Even with increased borrowing rates, the existing cash flow from this income property is excellent. Plus, there will be future opportunities to increase rents on turnovers as several of the current tenants are subsidized (no base rents). Both buildings are in remarkably good shape, one having had a fire some years ago was essentially rebuilt from the studs with a sprinkler system. Tenants love the sunny 2 & 3 bedroom layouts, decks, green space, ample parking, proximity to Payson Park and easy access to 295.

Listed by Vitalius Real Estate Group,LLC

MLS Number 1560695

• MultiFamily
• Bathroom 10
• Square Feet 9,500
• Acreage 4.7

A waterfront investment property like this is a once in a lifetime opportunity and can change lives. Currently established as year-round yearly rentals, but the business potential is in the weekly or seasonal rentals of Air BNB, VRBO, and other vacation rental models. A total of seven properties with 495 feet of good, deep-water frontage, dock systems, plenty of parking and an additional 3.7 acres of undeveloped land, including a large parking lot, drilled well and commercial septic system just across the road. The building totals over 9000 feet of living space and consists of 2- two bedroom cabins, a building with 2- two bedroom units and a building with 3-two to three bedroom units & walk out basements. All 7 have an open floor-plan, great water views just feet away from the decks and a washer & dryer in each property. The buildings are in great condition and ready for a new owner. Located less than 40 min to Auburn, 45 to Augusta, an hour to Sunday River, 30 min to Farmington and less than 3 hours to Boston. This could be a perfect 1031 property.

Listed by Better Homes & Gardens Real Estate/The Masiello Group

MLS Number 1557521

• MultiFamily
• Bathroom 4
• Square Feet 2,720
• Acreage 0.06

Fabulous new construction in the West End neighborhood of Portland. Two units, including a ground level studio with its own entrance, kitchen, patio and systems. Primary unit on the 2nd and 3rd stories, featuring 2 bedrooms with ensuite bathrooms, gorgeous kitchen, family room, office, sunroom, three balconies. The design incorporates abundant natural light with the use of ample windows, skylights and a three-story light shaft. Garage parking for two cars, tandem-style. Architect-designed, state-of-the-art construction, high-end materials, systems and finishes. Beautiful landscaping plan, underground utilities. Enjoy peeks at Casco Bay and the terrific location! Walk to restaurants, coffee shops, parks, museums and the waterfront. This is an extraordinary property!

Listed by Town & Shore Real Estate

MLS Number 1558664

• MultiFamily
• Bathroom 5
• Square Feet 6,299
• Acreage 0.24

Rare opportunity to own one of Portland's finest historic John Calvin Stevens homes, Circa 1902. The Horace F. Farnham house has been lovingly preserved with intricate details from 4 fireplaces, 2 of which are terracotta, intricate parquet flooring, amber oak wainscoting, birds-eye and tiger maple woodwork throughout, to the stained glass windows and original fixtures. With over 6000sf of wondrous space this home offers a breathtaking open great room which lets in warm natural sunlight from Sunrise to Sunset. It is fabulous for entertaining yet cozy when not. The two front parlors are perfect for a home office and library/conference room with separate entrance off Brighton Ave and access to a half bath which can be closed off from the main home. Updates include a custom Kennebec Kitchen, new marble tiled bathroom off the primary bedroom, two natural gas fired furnaces, slate roof restoration, chimney repointing, Bradbury and Bradbury art wallpaper and formal landscaping. Converted to a two family in 1998, it was completed with historic integrity of the structure in mind which, if desired, could easily be used as a single family again (see MLS #1558661). Some furnishings included. Broker owned and occupied Unit 1.

Listed by Bean Group

MLS Number 1554663

• MultiFamily
• Bathroom 4
• Square Feet 3,882
• Acreage 0.07

Old world charm greets you as you enter 701 Congress Street. This elegant brick Victorian is a must see multi-unit in a great location in downtown Portland. The property offers lots of flexibility and is zoned for residential and business uses. There is an office space on the first floor with superb visibility and an adjacent half bath. Step inside to units that have been tastefully updated. The first floor single bedroom unit has an open floor plan and private deck. The second floor has two 1BR units. The third floor penthouse unit has great views and another private deck. All units have hardwood and tile flooring. Lots of sunlight throughout. Laundry is located in the basement. Close to great restaurants and easy walking distance to Monument Square and all that downtown Portland has to offer. Presently this building is being rented for short stays via Air BnB and VRBO, (perfect for traveling nurses or other healthcare providers with close proximity to hospitals). Easy shift to traditional, year-round rentals. Off street parking available to rent nearby.

Listed by The Real Estate Store

MLS Number 1557408

• MultiFamily
• Bathroom 4
• Square Feet 3,234
• Acreage 12

This beautiful investment property is one of a kind. A successful AirBnb generating more than 62k with room for growth. Featuring a large main house and three newly constructed cabins on 12 acres and surrounded by 7500 acres of undeveloped land, including hiking and ATV trails right on site. As well as gorgeous views of the Belgrade Lakes right in the mountain region of Maine! This peaceful farm life can be yours, to include two greenhouses, fenced in barn for livestock and an outdoor pergola to enjoy the breathtaking views.

Listed by Realty of Maine

MLS Number 1560512

• MultiFamily
• Bathroom 8
• Square Feet 6,104
• Acreage 0.26

Welcome to 55 Sherman Street! Owner-occupied and maintained with care for over 2 decades, this 7 unit is a gem in the Parkside neighborhood. Conveniently located, it's close to transportation, shopping, and restaurants. Owner's first floor apartment is a spacious 2 bed/2 bath, newly renovated vacant 1 bedroom on the second floor, among many other renovated occupied units. This property has 7 designated off-street parking spaces and a beautiful green space out back for relaxing. Truly a unique property that must not be missed!

Listed by Coldwell Banker Realty

MLS Number 1561585

• MultiFamily
• Bathroom 3
• Square Feet 2,861
• Acreage 0.09

Prime property zoned for mixed use in the heart of the Portland peninsula with 6 parking spaces. Located in the India Street FBC zone, this historic brick building offers many possibilities from fully commercial or residential to combination live/work. Imagine a public facing first floor storefront or office with additional workspace on the upper floors. Parking can be reserved for customers or staff. OR maintain the building as residential. This is a vibrant, walkable urban district with a neighborhood feel. Explore the visual character and warmth of 12 Smith Street. The original arched entry hood with carved Italianate brackets, scrollwork and dentils remain above the entry alcove and the window openings feature a corbelled and arched brick lintel and projecting brick sill with corbelled brackets. With exceptionally high tin ceilings on the first floor and no other buildings directly abutting either side, great light and air flows throughout. Cozy Jotul stoves provide heat when the weather turns cooler. The side patio is a blank slate waiting for your creative touches. Gaze out your back windows for inspiration from your new back neighbor, the Maine Jewish Museum, a historic landmark with a beautiful outdoor sculpture and perennial gardens! Opportunities abound for this one-of-a-kind beauty. Imagine the possibilities: combine the top two floors for living and use the first floor as a retail or commercial space; live in it as a single family with no abutting neighbors-everything you need is just a short hop to India Street, Washington Street, East Bayside, the Eastern Prom and all that the city has to offer.

Listed by RE/MAX Shoreline