671-675 Forest Avenue, Portland, ME 04103 (MLS # 1581920)

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PRICE $1,499,000 dsIDX morgage calculator
BEDS 0
BATHS 5
HOME SIZE 7,446 sqft
LOT SIZE 5,228 sqft

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
COUNTY Cumberland STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
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 provided by Maine Real Estate Co

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.

Additional school data provided by Onboard Informatics © 2024 Onboard Informatics. Information deemed reliable but not guaranteed.

Mortgage Calculator provided by Diverse Solutions © 2024

IDX data provided by Market Leader, courtesy of Maine Listings.

This IDX solution is (c) Diverse Solutions 2024.


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