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 5% 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.

Listed by Benchmark Real Estate

MLS Number 1575052

• MultiFamily
• Bathroom 6
• Square Feet 4,544
• Acreage 0.1

Perfect for AirBNB or Investment rents. Newly renovated 6 Unit Historic brick building. 6 Fully furnished condos (conversion completed). Building sold as a package. Includes rare garage parking spaces for each unit. In the Arts District of the West End of Portland. Close to Maine Medical Center and walk-able to downtown and the old Port. *Rental income is estimated as all units are currently vacant.

Listed by Ashby Real Estate

MLS Number 1569907

• MultiFamily
• Bathroom 7
• Square Feet 9,600
• Acreage 0.26

Investors/Developers take notice. This 7 unit has good cash flow plus potential to add units. Some recent improvements include updated kitchens in two of the units plus a resurfaced roof. It's location is well suited to take advantage of all that the East End has to offer with the proximity to Downtown, the shoreline trail, East End Beach, coffee shops, the arts venues and great restaurants.

Listed by The Flaherty Group

MLS Number 1571164

• MultiFamily
• Bathroom 5
• Square Feet 3,100
• Acreage 3.28

Once in a lifetime opportunity to own the premiere investment property of 3.28 acres at the head of Belgrade Village overlooking picturesque small Maine vacation town. Possibilities for this property are limitless, anything from returning it to its former historical glory as the 'Belgrade Hotel', a 90-room hotel, or building a custom dream home overlooking two lakes in the beautiful town of Belgrade Lakes. Everything you need is within walking distance, including deeded lake access to Long Pond. This privileged access allows you to enjoy breathtaking views of the sunset over the water, boating, fishing, and swimming. A short walk brings you to the prestigious Belgrade Lakes Golf Course, snow mobile trails, Village Green Park, and all the quaint shops and dining you can expect from this fabled New England town. An hour drive north or west brings you to the Sugarloaf or Sunday River ski resorts for world class recreation. An hour's drive East leads you to the ports of Camden and Rockland, where you can meander along Route 1 feasting on fresh seafood and the ocean air. Don't miss your chance to own a piece of Belgrade Village history and create a lifetime of memories. Currently, the property is configured as 5 rental properties 4 residential (1 unit is 1184 West Rd Belgrade, which features a mobile home complete with its own well and septic) and 1 Commercial Space that was previously a gift shop, lovingly remembered in town as The Village Peddler. This expansive property offers an array of possibilities to savvy investors. Note: Some photo's of area business/views. Septic design is unknown for the number of bedrooms it is designed for. See MLS 1571000 for Commercial Listing & MLS 1570901 for Residential

Listed by OWN REAL ESTATE

MLS Number 1566557

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

Listed by Keller Williams Realty

MLS Number 1577722

• MultiFamily
• Square Feet 31,054
• Acreage 0.19

Listed by Porta & Company

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 1576598

• 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 tile, intricate parquet flooring, amber quarter-sawn wainscoting, birds-eye and tiger maple woodwork throughout, to the stained glass windows and original solid brass 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 a 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 efficient 6 year old natural gas fired furnaces, slate roof restoration, chimney repointing, Bradbury and Bradbury art wallpaper and formal landscaping. Currently being used as a 2 family but if desired, could easily be converted to a single family again (see MLS 1576576 ) Some furnishings included. Broker owned and occupied Unit 1.

Listed by EXP Realty

MLS Number 1574669

• MultiFamily
• Bathroom 6
• Square Feet 3,506
• Acreage 0.39

Opportunity is KNOCKING! This Ferry Village 6-unit offers spectacular water views over Portland Harbor to the city skyline. The location and views are the star of this show! One of the few pieces of waterfront property owned by the same family for 50 years. This one-of-a-kind property was once an old farm, and this family has used it as a 6-unit apartment building. This is a great opportunity for someone to reimagine how to make this unique property their own. You could continue to use as a 6-unit rental (apartment updates needed), or perhaps turn the units into condos (same footprint) or maybe even remove the buildings and build two single family homes on the land. Whatever you choose to do, imagine being able to offer folks a place to live just 4 houses from the beach access! This access allows for a fabulous Maine seaside lifestyle....Walk your dog on the beach, push off on your kayak for a peaceful paddle, enjoy easy access to the Greenbelt Walkway, marinas (the Centerboard Yacht Club mooring field is right out front!) neighborhood shops, eateries, theaters and more. Imagine waking up to the smell of the salt air, the occasional foghorn, or the sunlight sparkling on Portland Harbor, with your coffee. Please check with the city regarding options for any projects. Don't miss this singular opportunity to enjoy waterfront living in SoPo! For a video go to YouTube and enter the property address.

Listed by Keller Williams Realty

MLS Number 1578491

• MultiFamily
• Bathroom 7
• Square Feet 4,454
• Acreage 0.12

This impressive Parkside, brick 7-unit property is a testament to timeless elegance. As you approach, the stately presence of the building captures your attention, showcasing the enduring beauty of its architecture. The classic slate roof adds a touch of durability and tradition, setting the tone for what lies within. The interior exudes character and charm and is a mix of old and new respecting the historical essence while ensuring a comfortable and contemporary living experience for all. For your convenience, a large lot provides ample off-street parking—a rare find in this historic district. The solid rental history speaks volumes about the desirability of this property. Presently, all seven units are occupied by responsible tenants, ensuring a steady and reliable income stream. To add to the appeal, tenants manage their own electric expenses. This is a piece of Portland's rich heritage ready to become a new chapter in your real estate story.

Listed by Townsend Real Estate

MLS Number 1576040

• MultiFamily
• Bathroom 4
• Square Feet 4,132
• Acreage 0.08

Estate Property. Incredible 4 story 4 unit apartment building, every floor with a view of Casco Bay. Top two floors have best views! Each floor has large outside porch facing water. 3 bedrooms, LR, Kit and bath in each unit. Hardwood floors, storage closets on each floor in back hall, interior front and back stairs. Back stairway leads outside and interior to clean well equipped basement and laundry room.Both front and back halls and basement have professional smoke alarm systems. New front porch roof, still needs porch ceiling repair. All units have separate utilities and storage areas in basement. Parking in front and rear of building Back parking could be lovely yard. Would be spacious owner occupied. Deeded ROW for rear parking from Melbourne St. Close to Prom tennis courts!

Listed by Angle Associates