Active Under Contract
Multifamily
347 Ocean Street
South Portland, ME 04106
Baths
2
Square Ft.
2,467
$850,000
Welcome to 347 Ocean Street - A Turn-Key Gem in South Portland! This impeccably maintained 2-unit property is your golden opportunity to own a versatile, move-in-ready home in one of South Portland's most convenient and desirable locations. Whether you're looking to live in one unit and rent the other, or… Read More seeking a smart investment with strong rental potential, this property checks every box. Both spacious apartments have been thoughtfully upgraded with gleaming hardwood floors, stunning cherry cabinetry, granite countertops, and sleek stainless steel appliances. Each unit includes its own in-unit washer and dryer for maximum convenience. Modern living meets high efficiency with individual Navien natural gas boilers, just four years old, delivering both heat and hot water with exceptional energy savings. The 3-bedroom unit is perfect for an owner-occupant seeking space and style, while the already-leased 2-bedroom unit offers instant income. A roomy side yard with raised garden beds offers space for outdoor enjoyment, and the one-car garage with an additional workshop/storage room is a rare and valuable bonus. Enjoy a short stroll to Mill Creek's shops and restaurants, easy access to the Greenbelt Trail, Bug Light Park, and nearby Willard Beach. Best of all, Portland's vibrant Old Port is less than 10 minutes away! Don't miss your chance to own this beautifully updated, income-producing property in the heart of South Portland! Read Less
Courtesy of Portside Real Estate Group 207-536-4222, .
Listing Snapshot
Days Online
14
Last Updated
Full Baths
2
Square Ft.
2,467
Lot Size
0.59 Acres
Year Built
1900
MLS Number
1617609
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Walk-Out Access", "Full", "Exterior Only", "Unfinished"
Building
Architectural Style: "Colonial", Building Area Total: 2,467, Construction Materials: "Asbestos", "Wood Frame", Number Of Units Total: 2, Year Built: 1900, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $12,877
Exterior Features
Other Equipment: "Internet Access Available", Patio And Porch Features: "Deck", "Porch", Patio And Porch Features: "Deck", "Porch"
Floors
Flooring: "Wood", "Tile", "Carpet"
Foundation
Foundation Details: "Block"
Garage
Garage Included, 1 garage space
Heating
Heating: "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $66,000
Interior Features
Features: "Bathtub", "Pantry", "Shower", "Walk-In Closet(s)"
Laundry
Features: "Laundry - 1st Floor", "Upper Level", "Main Level"
Lot
Features: "Open Lot", "Rolling Slope", "Sidewalks", "Near Golf Course", "Near Public Beach", "Near Shopping", "Near Town", "Suburban", "Near Public Transit", "Near Railroad", 0.59 acres, Area: 0.59, 25,700 square feet
Owner Pays
Owner Name: Rebecca Hegarty
Parking
Features: "1 - 4 Spaces", "Paved", "On Site", "Detached"
Property
Occupant Type: "Owner", Parcel Number: SPOR-000020-000000-000088, Zoning: Res AA
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $8,057, Tax Lot: 088
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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