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31 Bates Street , Portland, ME 04103

$1,295,000
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New to the Market Active
BATHS3 full SQUARE FEET2,393 MLS#1687468
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Enjoy seasonal views of Back Cove and the Portland skyline from this rare three-unit property in one of Portland's most desirable locations. With the Back Cove Trail right outside your door, you can enjoy morning walks along the water or take in the views from one of the property's private decks. Conveniently located near the future site of the Roux Institute, this property also offers easy access to the waterfront, downtown Portland, and surrounding neighborhoods. With strong rental income potential, it's an excellent opportunity for an owner-occupant looking to offset their mortgage while enjoying all that this location has to offer.The third-floor owner-occupant unit is filled with natural light and features one bedroom, one bathroom, and an open kitchen, dining, and living area. Two private decks extend the living space outdoors, including one with views overlooking Back Cove.The second-floor unit offers a spacious layout with great natural light throughout. Features include a large living room, a separate dining room with original built-ins, a generously sized kitchen, two bedrooms, and an updated bathroom. A private deck provides a nice spot for planting or grilling.The first-floor unit also spans the full level and features a bright, inviting layout with a spacious living room and gas fireplace, a dining room with built-ins, and an updated kitchen with granite countertops and new cabinetry. A private deck completes the space.Additional features include dedicated basement storage for each unit, coin-operated laundry, and parking for up to six vehicles, including a rare two-car garage. With numerous updates completed in recent years, this well-maintained property offers a great combination of location, flexibility, and income potential.

31 Bates Street | MLS# 1687468

This multi-family property located at 31 Bates Street , Portland, ME 04103 is currently listed for sale with an asking price of $1,295,000. Search Portland real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Doghouse, Interior Entry, Full, Unfinished
Garage: 2
Heating: Electric, Gas Natural, Baseboard, Direct Vent Heater
Home Style: Other
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $9,546
Year Built: 1916

Feature Descriptions

Amenities: Laundry - Coin
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Carpet, Wood
Lot: Near Turnpike/Interstate, Near Town, Neighborhood, Sidewalks, Landscaped
Parking: Common, Paved,5 - 10 Spaces, Detached
Sewer: Public Sewer
Special View Info: Scenic
SQ FT Above Grade: 2393
SQ FT Below Grade: 0
Water: Public
Water Body Name: Back Cove

Listed By / Shown By

Listed By

Agency Name: Vitalius Real Estate Group, LLC
Agent Name: Rachel Davey
Agency Phone: 207-541-3755

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Estimated Payment

$ 4,055.32 per month $2,882.11 Principal & Interest $795.50 Property Tax $377.71 Homeowner's Insurance

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