671-675 Forest Avenue, Portland, ME, 04103
8 Full / 1 Half baths
1910
Other
7,446 sqft
INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms.Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience for the retail unit.
Status:
Active
Type:
Multi-family
Units:
9
Zoning:
B2B
Heating:
Hot Water, Baseboard
Cooling:
None
Basement:
Interior, Walk-Out Access, Finished, Full, Unfinished
Parking:
1 - 4 Spaces, Paved, Common, On Site, Off Street, On Street
Acreage:
0.12
Est. Taxes:
$15,028
Construction
Brick Veneer, Brick, Masonry
Lot Description:
Open, Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Public Transit
MLS #:
1650249
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Maine Real Estate Co