$649,000
Discover the potential in this impeccably maintained two-unit property in the heart of South Portland. It offers the versatility of a stable investment or a comfortable home with income opportunities and is located in a quiet area beloved for its blend of small-town charm and convenient access to city amenities.… Read More This home has been thoughtfully updated to provide comfort, efficiency, and peace of mind for both residents and investors. The property's exterior showcases a new roof (2018), providing peace of mind for low-maintenance ownership and long-term reliability. A spacious parking area provides convenience for residents and guests alike. Inside, you'll be greeted by the warmth of hardwood floors that flow through both units, creating an inviting and timeless aesthetic. Each unit boasts modern touches, including stainless steel kitchen appliances, in-unit washer and dryers, and heat pump water heaters (2019) - all designed for comfort and efficiency. Each single-level unit features flexibility perfect for any lifestyle. The first floor unit boasts 3 bedrooms and 1 bathroom, while the second floor unit offers 2 Bedrooms, 1 Bathroom and flexible space. With both units currently occupied, including one tenant-at-will, this property offers a strong monthly income of $4650. Whether you're an investor looking to step into a ready-made investment with consistent rental income or a homeowner interested in generating rental income by living in one unit and renting out the other, this property offers incredible flexibility and opportunity. Read Less
Courtesy of Keller Williams Realty scottandsunny@kw.com
Listing Snapshot
Days Online
14
Last Updated
Full Baths
2
Square Ft.
2,244
Lot Size
0.14 Acres
Year Built
1910
MLS Number
1608946
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Bulkhead", "Full", "Exterior Entry", "Doghouse", "Interior Entry", "Unfinished"
Building
Architectural Style: "Duplex", "Multi-Level", Building Area Total: 2,244, Construction Materials: "Asbestos", "Wood Frame", Number Of Units Total: 2, Year Built: 1910, 2 stories, 2 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $11,688
Floors
Flooring: "Wood", "Vinyl", "Carpet"
Heating
Heating: "Other Heat System", "Hot Water", "Heat Pump", "Baseboard", Heating Included
Income
Gross Income: $55,800
Interior Features
Features: "1st Floor Bedroom", "One-Floor Living", "Other"
Laundry
Features: "Laundry - 1st Floor", "Main Level"
Lot
Features: "Level", "Open Lot", "Intown", "Near Golf Course", "Near Public Beach", "Near Shopping", "Near Turnpike/Interstate", "Neighborhood", "Suburban", 0.14 acres, Area: 0.14, 6,098 square feet
Parking
Features: "5 - 10 Spaces", "Paved", "On Site", "Off Street"
Property
Parcel Number: SPOR-000033-000000-000063, Zoning: Res A
Roof
Roof: "Flat", "Membrane"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,167, Tax Lot: 063
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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