347 Ocean Street, South Portland, ME 04106 (MLS # 1617609)
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Welcome to 347 Ocean Street - A Turn-Key Gem in South Portland! This impeccably maintained 2-unit property is your golden opportunity to own a versatile, move-in-ready home in one of South Portland's most convenient and desirable locations. Whether you're looking to live in one unit and rent the other, or seeking a smart investment with strong rental potential, this property checks every box. Both spacious apartments have been thoughtfully upgraded with gleaming hardwood floors, stunning cherry cabinetry, granite countertops, and sleek stainless steel appliances. Each unit includes its own in-unit washer and dryer for maximum convenience. Modern living meets high efficiency with individual Navien natural gas boilers, just four years old, delivering both heat and hot water with exceptional energy savings. The 3-bedroom unit is perfect for an owner-occupant seeking space and style, while the already-leased 2-bedroom unit offers instant income. A roomy side yard with raised garden beds offers space for outdoor enjoyment, and the one-car garage with an additional workshop/storage room is a rare and valuable bonus. Enjoy a short stroll to Mill Creek's shops and restaurants, easy access to the Greenbelt Trail, Bug Light Park, and nearby Willard Beach. Best of all, Portland's vibrant Old Port is less than 10 minutes away! Don't miss your chance to own this beautifully updated, income-producing property in the heart of South Portland!
| LAST UPDATED | 4/17/2025 | YEAR BUILT | 1900 |
|---|---|---|---|
| GARAGE SPACES | 1.0 | COUNTY | Cumberland |
| STATUS | Active Under Contract | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Full, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION | Asbestos |
| GARAGE | Yes |
| HEAT | Baseboard, Hot Water |
| INTERIOR | Pantry, Walk-In Closet(s) |
| LOT | 0.59 acre(s) |
| LOT DESCRIPTION | Near Golf Course, Near Public Transit |
| MLS STATUS | Active Under Contract |
| PARKING | Paved, On Site, Detached |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Colonial |
| TAXES | 8057 |
| WATER | Public |
| ZONING | Res AA |
MORTGAGE CALCULATOR
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Listing provided by Portside Real Estate Group
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.© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2025.
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