280 Lincoln Street, South Portland, ME 04106 (MLS # 1599566)
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Located in South Portland's Ligonia neighborhood, this is a unique opportunity to purchase a turnkey 7-unit residential apartment building and a 5,582 SF flex building, currently with 7-commercial tenants. The apartment building is in great condition, with many renovated units, two newer boilers, a brand-new deck, fresh paint and replacement windows. The flex building is divided into 7 studios/workshops, currently occupied by long term artists and ''maker'' tenants on an at-will basis. The owner occupies one of the commercial units as a workshop and can either remain as a tenant or vacate for a new owner. This property is ideal as a fully occupied investment or for an owner-user seeking shop space while offsetting occupancy costs with rental income.
| LAST UPDATED | 10/15/2024 | YEAR BUILT | 1900 |
|---|---|---|---|
| COUNTY | Cumberland | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Clapboard, Vinyl Siding, Wood Siding |
| HEAT | Baseboard |
| LOT | 0.69 acre(s) |
| LOT DESCRIPTION | Level, Open Lot |
| MLS STATUS | Active |
| PARKING | Gravel, Paved |
| SEWER | Public Sewer |
| STYLE | Multi-Level |
| TAXES | 13892 |
| WATER | Public |
| ZONING | A |
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Listing provided by Vitalius Real Estate Group, LLC
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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