BATHS2 full
SQUARE FEET2,696
MLS#1679411
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Investment Opportunity in the Heart of South Portland. Rare opportunity to own a corner-lot property featuring two buildings and multiple potential income-producing uses. The property includes a two-unit duplex plus an additional commercial building, offering an investor the flexibility to explore a variety of possibilities. The duplex features two residential units. The first-floor Unit 1 offers two bedrooms and has benefited from recent updates throughout. Unit 2, located on the second floor, offers one bedroom and is currently being rented for $1550. The adjacent former restaurant space provides additional potential for redevelopment and may offer the opportunity to convert the existing space into an additional residential unit for a potential three-unit property, subject to applicable zoning, permitting, and code requirements. With a desirable corner-lot location in the heart of South Portland, convenient access to local amenities, and multiple potential avenues for future use, this property presents an excellent opportunity for investors, owner-occupants, or developers looking to add value in a sought-after location. Location, location, location!
Property Features
Property Type: Multi Unit - Multiple
Basement: Interior Entry, Crawl Space, Full, Unfinished
Basement: Yes
Heating: Oil, Hot Water, Radiator
Home Style: Other
Lot Size: 0.14 Acres
Roof Type: Flat, Pitched, Shingle
Taxes: $6,123
Year Built: 1900
Feature Descriptions
Amenities: 1st Floor Bedroom, Attic
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Laminate, Vinyl
Foundation: Block, Poured Concrete
Lot: Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Shopping Mall, Corner Lot, Level, Open Lot
Parking: Common, Paved,1 - 4 Spaces,5 - 10 Spaces, On Site, Off Street, On Street
Sewer: Public Sewer
SQ FT Above Grade: 2696
SQ FT Below Grade: 0
Water: Public
Listed By / Shown By
Listed By
Agency Name: EXP Realty
Agent Name: Brett Davis
Agency Phone: 888-439-8743
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,894.48 per month $1,223.84 Principal & Interest $510.25 Property Tax $160.39 Homeowner's Insurance
449 Main Street | MLS# 1679411
This multi-family property located at 449 Main Street, South Portland, ME 04106 is currently listed for sale with an asking price of $549,900. Search South Portland real estate on www.masiellogrouprealestate.com today.