849,000

House for sale South Portland
Property photo number 1 of 16 Photos for Property. File  105416229_29_b9dca5e640c0ae8d22c6705052e571a6.jpeg

Overview

SUMMARY: Discover an opportunity with this South Portland house for sale and available for 849,000. This could be your next ideal home or a smart investment. More details await.
Exceptional Mixed-Use Investment Opportunity in South Portland Rare opportunity to acquire a well-maintained, income-producing mixed-use property in a highly visible Main Street location. This versatile three-unit building offers a diversified income stream with a gross
annual income of $70,800, anchored by an established medical office occupying the entire first floor, providing the benefit of stable commercial tenancy. The two residential units above provide additional rental income and strong tenant appeal. Each residential unit features its own washer and dryer, while tenants are responsible for their own heat and electricity -- helping reduce owner expenses and maximize net operating income. Meticulously cared for and truly turnkey, the property offers desirable amenities including off-street parking for up to three residential vehicles, additional on-street parking for tenants, clients, and guests, and convenient access to public transportation. Ideally positioned along South Portland's Main Street corridor, this property is close to local businesses, shopping, dining, downtown Portland, major commuter routes, and area amenities. With proven rental history, strong tenant demand, diversified commercial and residential income, and excellent visibility, this is a rare opportunity to own a stable, cash-flowing investment property in one of Southern Maine's most desirable markets.
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South Portland ME 04106

House for sale

  • Baths: 2
  • Price: 849,000
  • Area: 3,630 sqft

Location

South Portland ME 04106

House for sale

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This House for sale is located at South Portland ME 04106. The home has and 2 Bathrooms. This House in South Portland ME is for sale for 849,000 .

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