Active
Multifamily
777 Forest Avenue
Portland, ME 04103
Baths
3
Square Ft.
3,948
$875,000
Mixed-use property offering both residential and commercial income potential in a highly visible Forest Ave location. Property includes a ground-level retail space with established tenant and a spacious, renovated two-level 5-bedroom residential unit. The residential unit offers strong rental potential, making this an attractive opportunity for investors or owner-occupants.… Read More Off-street parking and flexible layout add to the property's appeal. The building is equipped with natural gas heating, updated hot water heater, and a commercial-grade fire alarm and sprinkler system. Ideal for those seeking rental income, a live/work setup, or long-term investment in a prime Portland location. Also listed as Commercial MLS #1655962 Read Less
Courtesy of F.O. Bailey Real Estate 207-781-1111, .
Listing Snapshot
Days Online
40
Last Updated
Full Baths
3
Square Ft.
3,948
Lot Size
0.14 Acres
Year Built
1930
MLS Number
1656222
Additional Details
Basement
Basement: "Interior", "Unfinished"
Building
Architectural Style: "Colonial", Building Area Total: 3,948, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1930
Cooling
Cooling Included, Cooling: "Central Air"
Expenses
Operating Expense: $16,040
Foundation
Foundation Details: "Concrete Perimeter"
Heating
Heating: "Heat Pump", "Forced Air", Heating Included
Income
Gross Income: $58,800
Lot
Features: "Sidewalks", "Near Turnpike/Interstate", "Near Public Transit", 0.14 acres, Area: 0.14, 6,098 square feet
Parking
Features: "5 - 10 Spaces", "Paved"
Property
Occupant Type: "Owner", Parcel Number: PTLD-000137-C000017-000001, Zoning: B2
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $7,910, Tax Lot: 17
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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