671-675 Forest Avenue, Portland, ME 04103 (MLS # 1581920)
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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.
LAST UPDATED | 7/17/2024 | YEAR BUILT | 1910 |
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COUNTY | Cumberland | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | None |
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BASEMENT | Full, Interior Entry, Unfinished, Walk-Out Access, Yes |
CONSTRUCTION | Brick, Brick Veneer |
HEAT | Baseboard, Hot Water |
LOT | 5227 sq ft |
LOT DESCRIPTION | Level, Near Golf Course, Near Public Transit, Open Lot |
MLS STATUS | Active |
PARKING | Paved, Common, Off Street |
SEWER | Public Sewer |
STYLE | Multi-Level |
TAXES | 16448 |
WATER | Public |
ZONING | B2B |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.
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IDX data provided by Market Leader, courtesy of Maine Listings.
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