Great Owner-Occupied Opportunity with substantial upside for future income and increased profitability.**Seller Subsidized Mortgage Rate - up to $25K for a rate buydown for the first 2 years or closing costs for qualified buyers.** The multi-unit property consists of three 1 Bedroom 1 Bath units. Just minutes to local hospitals, parks and recreation, Seadogs and great restaurants. Super opportunity to homestead in fabulous Portland. Very well maintained property with abundant parking to the rear plus on-site laundry. Updates include newer siding and windows and more recently new natural gas-fired FHW boiler, roof shingles, electrical panels, basement spray foam, additional drainage with sump pump. Three units: 1st floor offers a studio-style unit with hardwoods and an additional unit with hardwood floors and open plan Living Room, Kitchen + Bedroom. Spacious second-floor larger unit with gorgeous wide pine boards with Living Room, Galley Kitchen and, bedroom. Hardwoods + full basement w/communal laundry facilities. Two private rear decks. Don't miss - broker accompanies showings. Notice required. Tenants in all properties.
Closed
$453,000
368 Park Avenue, Portland, ME 04102
3beds
1,149sqft
Multi Family
Built in 1910
-- sqft lot
$471,600 Zestimate®
$394/sqft
$3,302 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 17, 2025 at 07:11pm
Listed by:
Keller Williams Realty 207-553-2662
Bought with:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1594071

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Zoned, Hot Water, Direct Vent Furnace, Baseboard
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- 1st Floor Bedroom, One-Floor Living, Shower, Storage
- Flooring: Wood, Tile, Laminate, Carpet
- Basement: Bulkhead,Brick/Mortar,Full,Sump Pump,Exterior Only,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,149
- Total interior livable area: 1,149 sqft
- Finished area above ground: 1,149
- Finished area below ground: 0
Property
Parking
- Parking features: Assigned, 1 - 4 Spaces, Paved, On Site
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 5,662 sqft
- Features: Well Landscaped, Open Lot, Level, Sidewalks, City Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
Details
- Parcel number: PTLDM067BC004001
- Zoning: R6-Residential
- Other equipment: Internet Access Available, Cable
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,Cape Cod
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Foundation: Stone, Concrete Perimeter, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Road surface type: Paved