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103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo
103 Read Street, Portland, ME 04103 Photo

6 Total Photos [Click to View All]

  • Listing Provided by:
    RE/MAX By The Bay
    Phone: 207-773-2345 IDX logo

  • 1.41
    Acres
  • 1677063
    MLS#
$1,500,000
Status: Active
103 Read Street Portland, ME 04103

Property Description

103 Read Street presents a substantial 1.41 acre offering in Portland, combining an existing three unit property with three additional vacant lots and compelling long term potential. The existing multi-family includes three residential units, while the additional acreage creates an opportunity to explore a range of future uses or development possibilities. A conceptual development plan explores the potential of an 8-16 unit Cottage Court community, subject to municipal review and approvals. The location offers convenient access to Back Cove, Baxter Boulevard, Payson Park, USM, downtown Portland, public transportation, and major commuter routes. With significant acreage in an established Portland neighborhood, 103 Read Street offers an intriguing opportunity for an investor, developer, or buyer looking to take a longer term approach to the property. Property is being sold as-is.

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Property Features

MLS Number: 1677063
Subdivision:
County: Cumberland
Bedrooms: 0
Total Square Feet: 0
New Constuction: No
Construction:
Waterfront: No
Property Type: Land - Lot/Land
Lot Size: 1.41 Acres
Road Surface: Paved
Taxes: $12,561

Feature Descriptions

Electric: Circuit Breakers
Lot: Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Sidewalks, Wooded, Near Public Transit
Parking: Paved,5 - 10 Spaces, On Site, On Street
Sewer: Public Sewer
Special View Info: Trees/Woods
Water: Public
Wooded: Yes

Location

Listed By / Shown By

Listed By

Broker Name: RE/MAX By The Bay
Broker Phone: 207-773-2345

IDX logo

Estimate Your Payment

Estimated Payment

$ 9,564.82 per month $8,080.57 Principal & Interest $1,046.75 Property Tax $437.50 Homeowner's Insurance

Source: Delta Media Group, Inc.

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(Payments are an estimate and may vary by lender)

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