Bought with Keller Williams Realty
$925,000
$899,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Baths
3,310 SqFt
SOLD DATE : 04/14/2025
Key Details
Sold Price $925,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,310 sqft
MLS Listing ID 1615058
Sold Date 04/14/25
Style Other,New Englander
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,310
Originating Board Maine Listings
Year Built 1906
Annual Tax Amount $8,437
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Prime Investment Opportunity in Portland!
Welcome to 144 & 146 Park Avenue, a fantastic multi-unit property in one of Portland's most sought-after locations! Situated right across from Deering Oaks Park, this property offers easy access to green space, walking trails, and the city's popular farmers market. Plus, you're just minutes from Hadlock Field, the Portland Expo, Maine Medical Center, and some of the city's best local favorites, including The Holy Donut and Tandem Coffee & Bakery. Grocery shopping is a breeze with Hannaford, Whole Foods, and Trader Joe's all nearby.
This well-maintained property features three spacious units—two 2-bedroom apartments and one 3-bedroom unit. The first-floor unit offers flexibility, with the potential to be converted into an additional 3-bedroom layout, adding even more value. Whether you're looking to owner-occupy and offset your mortgage or seeking a strong addition to your investment portfolio, this property is a rare find in a high-demand rental market.
Tenants are responsible for all utilities, keeping owner expenses low. Additionally, there is ample space behind the home, presenting an opportunity to expand parking—a valuable feature in this prime Portland location.
Don't miss out on this incredible opportunity to own a versatile, income-generating property in the heart of the city. Schedule your showing today!
Location
State ME
County Cumberland
Zoning RN 4
Rooms
Basement Interior, Full, Unfinished
Interior
Interior Features Walk-in Closets, Bathtub
Heating Zoned, Forced Air, Baseboard
Cooling None
Flooring Wood, Vinyl, Tile, Laminate, Carpet
Equipment Internet Access Available, DSL, Dial-Up, Cable
Laundry Washer Hookup
Exterior
Parking Features 1 - 4 Spaces, Paved
Fence Fenced
Utilities Available 1
View Y/N Yes
View Trees/Woods, Scenic
Roof Type Shingle
Porch Porch
Garage No
Building
Lot Description Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
Story 3
Foundation Concrete Perimeter, Slab, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other, New Englander
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Gas Natural, Electric
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