$999,000

Est. Mortgage $0/mo *

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1638 Forest Avenue, Portland, ME, 04103

1638 Forest Avenue, Portland, ME, 04103
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3 Full baths

1920

Victorian

2,533 sqft

A unique opportunity for investors or developers—this property includes a well-maintained two-family home plus an additional lot for a combined total of almost 2.8 acres. The current owner has already been in contact with the city, and there's potential to build multiple new homes (buyers encouraged to perform due diligence). The existing two-unit features classic charm with hardwood floors, high ceilings, original moldings, decks, and porches. Enjoy solid rental income or owner-occupy while exploring future development possibilities. A property with this much space and flexibility doesn't come around often!

Status:

Active

Type:

Multi-family

Units:

2

Zoning:

RN-1

Frontage:

72

Heating:

Baseboard

Cooling:

None

Basement:

Interior, Brick/Mortar, Bulkhead

Parking:

11 - 20 Spaces, Paved, Off Street

Acreage:

2.79

Est. Taxes:

$7,491

Construction

Vinyl Siding, Wood Frame

Lot Description:

Open, Level, Sidewalks, Wooded, Near Golf Course, Near Turnpike/Interstate, Near Town, Near Public Transit

View Description:

Trees/Woods

Amenities:

1st Floor Bedroom, Bathtub

MLS #:

1641961

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of The Atlantic Real Estate Network