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671-675 Forest Avenue, Portland, ME 04103 Photo
671-675 Forest Avenue, Portland, ME 04103 Photo
671-675 Forest Avenue, Portland, ME 04103 Photo
671-675 Forest Avenue, Portland, ME 04103 Photo
671-675 Forest Avenue, Portland, ME 04103 Photo
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671-675 Forest Avenue, Portland, ME 04103 Photo
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  • Listing Provided by:
    Maine Real Estate Co
    Phone: 207-292-1030 IDX logo

  • 9
    Baths
  • 7,446
    Square Feet
  • 1650249
    MLS#
$1,499,000
Status: Active
671-675 Forest Avenue Portland, ME 04103

Property Description

INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland 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 one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms.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. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience for the retail unit.

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Property Features

MLS Number: 1650249
Subdivision:
County: Cumberland
Bedrooms: 0
Total Square Feet: 7,446
Style: Other
New Constuction: No
Construction: Masonry,Brick,Brick Veneer
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Interior Entry, Walk-Out Access, Finished, Full, Unfinished
Basement: Yes
Heating: Oil, Baseboard, Hot Water
Lot Size: 0.12 Acres
Road Surface: Paved
Roof Type: Flat, Other
Taxes: $15,028
Year Built: 1910

Feature Descriptions

Amenities: Sprinkler
Electric: Circuit Breakers
Exterior: Masonry, Brick, Brick Veneer
Flooring: Carpet, Tile, Vinyl
Home Style: Other
Lot: Business District, Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Level, Open Lot, Sidewalks, Near Public Transit
Parking: Common, Paved,1 - 4 Spaces, On Site, Off Street, On Street
Sewer: Public Sewer
SQ FT Above Grade: 7446
SQ FT Below Grade: 0
Water: Public

Location

Listed By / Shown By

Listed By

Broker Name: Maine Real Estate Co
Broker Phone: 207-292-1030

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Estimate Your Payment

Estimated Payment

$ 9,034.27 per month $7,344.73 Principal & Interest $1,252.33 Property Tax $437.21 Homeowner's Insurance

Source: Delta Media Group, Inc.

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