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777 Forest Avenue, Portland, ME 04103

$895,000
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Active
BATHS1 full SQUARE FEET3,948 MLS#1656222
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLPortland Public Schools

Property Description

Mixed-use property offering both residential and commercial income potential in a highly visible Forest Ave location. Property includes a ground-level retail space with established tenant and a spacious, renovated two-level 5-bedroom residential unit.The residential unit offers strong rental potential, making this an attractive opportunity for investors or owner-occupants. Off-street parking and flexible layout add to the property's appeal.The building is equipped with natural gas heating, updated hot water heater, and a commercial-grade fire alarm and sprinkler system.Ideal for those seeking rental income, a live/work setup, or long-term investment in a prime Portland location. Also listed as Commercial MLS #1655962

777 Forest Avenue | MLS# 1656222

This multi-family property located at 777 Forest Avenue, Portland, ME 04103 is currently listed for sale with an asking price of $895,000. Forest Avenue is located within the Portland Public Schools school district. Search Portland real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Entry
Cooling: Central Air
Heating: Forced Air, Heat Pump
Home Style: Colonial
Lot Size: 0.14 Acres
Roof Type: Shingle
Taxes: $7,910
Year Built: 1930

Feature Descriptions

Electric: Circuit Breakers
Flooring: Luxury Vinyl
Lot: Business District
Sewer: Public Sewer
SQ FT Above Grade: 3948
SQ FT Below Grade: 0
Water: Public

Local Schools

School District: Portland Public Schools

Listed By / Shown By

Listed By

Agency Name: F.O. Bailey Real Estate
Agency Phone: 207-781-1111
Agent Name: Hoang Nguyen

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Estimated Payment

$ 2,912.09 per month $1,991.88 Principal & Interest $659.17 Property Tax $261.04 Homeowner's Insurance

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