547 Preble St, South Portland, ME 04106

Stop paying rent and start enjoying Willard Beach! Tired of paying someone else's mortgage....come see this classic and spacious Gambrel just a few blocks from Willard Beach, Scratch Bakery, The Cookie Jar, Portland Players, and Ft. Williams. 547 Preble is ideal in many ways.It is currently being used as a legal 2-unit, but could easily be converted back to a single-family home. One unit is larger with 4 bedrooms and 2 baths, and the smaller unit is a 1 bedroom with 1 bath. Adorable second floor walk-up with its own private entrance and parking. Currently it is under-rented at $700 a month. This is an ideal weekly summer rental or AirBNB or could convert back to the original homestead. The choice is yours.The new owner can enjoy the benefits of single-family living and have their monthly costs offset by the rental income. Maybe you want to rent both units or maybe you want to live in the smaller unit and rent out the larger unit. Other properties of this size in the Willard Beach area are getting $1,900 a month or more year round.Come see how you can enjoy the comforts of your new home with an updated kitchen, period details, tall ceilings, great natural light, and potential for a first floor bedroom.There is a private driveway that runs along the left side of 547 Preble Street as you are facing it from the road. It leads to a spacious back yard that is nice and level. Do not get confused with the driveway on the right side of the property. That driveway belongs to 541 Preble Street which has recently been split off from 547 and will be undergoing its own renovations.With houses in the Willard Beach area still much more affordable than those near Higgins Beach - Don't wait too long to set up your private showing and beat the competition. Call 207-232-6127 or email mgup@kw.com.