Multi-Family Homes

MLS Number 1542040

• MultiFamily
• MLS Status Active
• Style Multi-Level
• Property SubType Multi Family
• Address 172 Blake Street

This high quality portfolio in the fastest growing Southern Maine investment market contains 58 units in 11 buildings, centrally located in the Downtown area and in close proximity to one another. Very strong rental income with historic vacancy and delinquency rates near zero. All buildings have parking; most units have had significant upgrades and some have been renovated from the studs-in. Some of the recent improvements include heating systems, plumbing, wiring, insulation, decking and cabinetry. This portfolio has been operated by an extremely hands-on owner/manager, which is evident in the care of the buildings and the tenants. Fantastic opportunity to land a large, turnkey and profitable portfolio in this up-and-coming market. Property addresses and unit counts as follows: 172-176 Blake St - 15 units, 228 East Ave - 6 units, 167 Pine St - 6 Units, 215-217 Blake St - 5 units, 809 Sabattus St - 4 units, 53 Maple St - 4 Units, 119-121 Pierce St - 3 Units + SFH, 39 Howard St - 3 units, 166 Blake St - 3 units, 174 Bartlett St - 3 units, 487 Main St - Commercial Space + 1 Residential unit

Listed by Vitalius Real Estate Group,LLC

MLS Number 1542321

• MultiFamily
• Property SubType Multi Family
• MLS Status Active
• Address 1190 Forest Avenue
• Square Feet 15,126

100% occupied brick 15,126 square foot mixed-use property. This historic building has just undergone major renovation with new storefronts, windows, heating, plumbing, electrical, etc. The first floor is comprised of six retail storefronts currently configured for 5 tenants. Facing busy Forest Avenue and Bishop Street, property offers visibility on one of the busiest intersections in the state of Maine. The second floor is new residential, comprised of 22 rooming units and a 2-bedroom apartment. The rear of the building offers parking and a loading dock. In addition, a separate .1825-acre, 20+ space parking lot is being conveyed with possible development opportunity. Current professional management is also available to the new owner if desired. Excellent financials, ideal for 1031 exchange investment. Close to many area restaurants, stores, businesses, and the University of New England. Also Listed Commercial MLS #1542320

Listed by Town & Shore Real Estate

MLS Number 1544584

• MultiFamily
• Full Bath 3
• MLS Status Active
• Style Multi-Level
• Property SubType Multi Family

East End is the most desirable neighborhood in Portland. According to the town, this oversized lot can support a 7-unit development. Come check out this lovely family-owned 3-unit property with amazing water views from every floor. All 3 units are large and need a bit of cleaning up. With the way this property is situated your water views are protected by the park below.

Listed by Keller Williams Realty

MLS Number 1523263

• MultiFamily
• Full Bath 20
• MLS Status Active
• Property SubType Multi Family
• Address 17-19 College Avenue

Listed by Keller Williams Realty

MLS Number 1542944

• MultiFamily
• Full Bath 12
• Property SubType Multi Family
• MLS Status Active
• Square Feet 7,720

Excellent Condition 2-Building apartment complex with ample parking on the edge of Portland's West End. 531 Cumberland is a 5-unit building comprised of a large first-floor 3 bedroom unit and four 1-bedroom units on the upper levels. 535 Cumberland is a 7-unit building with seven 1-bedroom units., storage lockers and laundry room. Large parking lot with 16 spaces. Rarely does a property come on the market this well maintained. Current owner has replaced roofs, boilers and windows, as well as remodeled most apartments and hallways. Units are full of historic charm including original wood floors and moldings, stairwells, etc. Excellent peninsula location within walking distance to the Congress Street corridor, Maine Med, Deering Oaks Park and even the Old Port. Also Listed Commercial MLS# 1543025

Listed by Town & Shore Real Estate

MLS Number 1543356

• MultiFamily
• Full Bath 12
• MLS Status Active
• Style Multi-Level
• Property SubType Multi Family

12-units on a huge lot close to downtown, Portland's 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. There is good stabilized cash flow and additional income potential simply by increasing existing subsidized units to the allowable maximum. 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 for two cars per apartment, proximity to Payson Park and easy access to 295. Potential to add two more units on the parcel means even more upside potential.

Listed by Vitalius Real Estate Group,LLC

MLS Number 1542118

• MultiFamily
• Full Bath 3
• Half Baths 2
• Property SubType Multi Family
• MLS Status Active

Rare opportunity to own one of Portland's finest historic John Calvin Stevens homes, Circa 1902. The Horace F. Farnham house, sheathed in Pink slate, has been lovingly preserved with intricate details from parquet flooring, amber oak wainscoting, birdseye and tiger maple woodwork throughout, to the stained glass windows and original fixtures. With over 6000 sf 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. Thoughtfully updated to keep with historic period, a custom Kennebec Kitchen was added as well as a new marble tiled bathroom off the primary bedroom. Two natural gas fired furnaces, slate roof restoration, Bradbury and Bradbury art wallpaper and formal landscaping was also completed. 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#1542116). Some furnishings included. Broker Owned and Occupied unit 1.

Listed by Bean Group

MLS Number 1543614

• MultiFamily
• Full Bath 5
• Half Baths 2
• Property SubType Multi Family
• Style Colonial

Commercial listing MLS #1530440

Listed by Keller Williams Realty

MLS Number 1531869

• MultiFamily
• Full Bath 5
• Property SubType Multi Family
• Style Greek-Revival
• MLS Status Active

The Walker Mansion is looking for a new steward. Stately and impressive, this historical mansion was built in 1838 for Captain Joseph Walker and was redesigned to house four well maintained apartments a century later by John Calvin Steven's firm in 1938. Located in the heart of the West End on a large corner lot, the building gets an abundance of natural light and is surrounded by perennial gardens and mature landscaping while still providing space for off street parking. The building includes a spacious owners' apartment with sweeping staircase, decorative fireplaces, period molding, and private entrances.Enjoy all the benefits of city living while with the serenity of a peaceful, natural lot. Walking distance to award-winning restaurants, theater, arts and entertainment. Condition and maintenance is above and beyond expectations. The property has endless options. Live in one unit and rent the other three, Rent out all the units as an investment or convert it back into the single family home it was in the 1800s. It is a majestic property that still commands respect.

Listed by Roxanne York Real Estate