Active Under Contract
Multifamily
22 Bailey Avenue
Portland, ME 04103
Baths
2
Square Ft.
2,122
$685,000
Well-maintained 2-unit on a corner lot in a highly convenient Portland location, offering the perfect opportunity for an owner-occupant looking to offset living expenses. Built in 1924, this property blends classic character with functional living, featuring bright, sun-filled interiors and over 2,100 square feet of space. The building offers a… Read More first-floor 2-bedroom unit and a spacious 3-bedroom unit that spans the second and third floors, complete with a dedicated dining room and a layout that lives much like a single-family home. This setup provides excellent flexibility to live comfortably in one unit while renting the other. Both units have separate utilities, making management simple and expenses easy to control. Situated on a corner lot, the property benefits from excellent natural light and a more open feel. Outside, you'll find yard space, a deck for relaxing or entertaining, and off-street parking, giving you the benefits of a single-family feel with added income potential. Located with easy access to I-295, I-95, and downtown Portland, as well as nearby shopping and restaurants, this is an ideal setup for someone looking to enjoy Portland living while having rental income help offset expenses. Read Less
Courtesy of Harborview Properties, Inc. 207-878-7802, .
Listing Snapshot
Days Online
37
Last Updated
Full Baths
2
Square Ft.
2,122
Lot Size
0.23 Acres
Year Built
1924
MLS Number
1656843
Additional Details
Basement
Basement: "Doghouse", "Full", "Unfinished"
Building
Architectural Style: "Colonial", Building Area Total: 2,122, Construction Materials: "Wood Frame", "Vinyl Siding", Number Of Units Total: 2, Year Built: 1924
Cooling
Cooling: "None"
Expenses
Operating Expense: $7,640
Exterior Features
Other Equipment: "Internet Access Available", "Cable", Patio And Porch Features: "Deck", "Porch", Patio And Porch Features: "Deck", "Porch"
Floors
Flooring: "Vinyl", "Wood"
Foundation
Foundation Details: "Poured Concrete"
Heating
Heating: "Gas Natural", "Direct Vent Furnace", Heating Included
Income
Gross Income: $49,417
Interior Features
Features: "1st Floor Primary Bedroom w/Bath", "One-Floor Living", "Storage"
Laundry
Features: "Washer Hookup"
Lot
Features: "Well Landscaped", "Corner Lot", "Near Golf Course", "Near Shopping", "Near Turnpike/Interstate", "Near Town", "Near Public Transit", 0.23 acres, Area: 0.23, 10,019 square feet
Parking
Features: "Paved", "1 - 4 Spaces", "Off Street", "Tandem"
Property
Parcel Number: PTLD-000332-G000003-000001, Zoning: RN-1
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,967, Tax Lot: 007
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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