146 Park Avenue, Portland, ME, 04101 | $899,000

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!

Features

  • Amenities: Bathtub, Walk-In Closet(s)
  • Baths: 3 full
  • Units: 3
  • Laundry: Washer Hookup
  • Style: Multi-Level, New Englander
  • Year Built: 1906
  • Heating: Multi-Zones, Forced Air, Baseboard
  • Cooling: None
  • Basement: Full, Interior Entry, Unfinished
  • Approx Sq. Feet: 3,310
  • Acreage: 0.1
  • Est. Taxes: $8,437
  • Lot Desc: Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • View: Trees/Woods, Scenic
  • MLS#: 1615058
  • Website: https://www.raveis.com
    /prop/1615058/146parkavenue_portland_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Keller Williams Realty

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