Pending
176-178 Massachusetts Avenue
Portland ME, 04102
$649,000
Pending
2 Baths
1,690 sqft
Multi-family
Built in 1921
Courtesy of Legacy Properties Sotheby's International Realty
This charming two-family home is a fantastic opportunity for both homeowners and investors. Each unit has its own utilities, ensuring easy management and billing. The property offers flexible living arrangements, ideal for owner-occupants who want to live in one unit and rent out the other. It boasts a strong short-term Airbnb rental history with impressive returns, as well as an excellent long-term rental history - a great way to offset mortgage costs. The first floor features a cozy 1-bedroom unit, perfect for rental income or comfortable living. On the upper floors you will find a cheerful owner's unit featuring two levels of living space, two bedrooms (with potential for a third), an updated bathroom and kitchen, and a delightful sun porch. The house is filled with natural light and timeless period charm. The property boasts a charming backyard with a patio, ideal for outdoor enjoyment and privacy. It is situated in a highly desirable neighborhood, offering convenient access to the University of Southern Maine and Maine Law's campuses, as well as Portland's shops and restaurants. Additionally, it is just minutes from Doherty Field and the popular outdoor Kiwanis Pool. This exceptional two-family property offers the perfect blend of comfort, convenience, and investment potential. Rental history and expenses are available upon request for potential rental income. It's a rare find in a desirable area, making it a must-see for anyone looking to invest in real estate or find a new place to call home. Open House: Sunday, 8/11 11am-1pm.
1599927
MLSⓇ ID
August 9, 2024
Listed
September 13, 2024
Updated
Map
176-178 Massachusetts Avenue
Portland ME, 04102
Interior Features
Total Stories
3
Total Bathrooms
2
Full Bathrooms
2
Interior Features
1 st Floor Bedroom, Bathtub, One-Floor Living, Other, Pantry, Storage
Laundry Description
Washer Hookup
Floor Description
Wood, Tile, Laminate, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Steam, Hot Water, Direct Vent Heater
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Architectual Style
New Englander
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$6,634
Tax Frequency
Annually
Garage
Yes
Garage Spaces
2
Parking
1 - 4 Spaces, Paved, Common, Detached, Off Street, Storage
View
No
County
Cumberland
Water Source
Public
Pool
No
Zoning
R5
Listing History
Date | Event | Price |
---|---|---|
8/12/2024 | Pending | — |
Listing Contact: 207-596-4050
Courtesy of Legacy Properties Sotheby's International Realty
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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lifestyle Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 1:29 PM UTC, 9/13/2024