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Listed by Real Broker

$525,000

2 Baths

1,460 SqFt

Active

1 Horton PL Portland, ME 04102

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Elevate Maine Realty

info@elevatemaine.com +1(207) 331-4565

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Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 1,460 sqft

MLS Listing ID 1609286

Style Other

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,300

Year Built 1900

Annual Tax Amount $5,635

Tax Year 2024

Lot Size 871 Sqft

Acres 0.02

Source Maine Listings

Property Description

Welcome to an easily managed duplex in Downtown Portland. This property features two 2-bedroom townhouse-style units with one bathroom each with apt 1 featuring finished basement. Both units have recently undergone extensive renovations such as, new roof (2024), gas heaters, flooring, kitchens, bathrooms, repaint and electrical upgrades and much more. The property is an excellent choice for owner-occupants looking to significantly offset their mortgage expenses with rental income from the other unit living in thriving downtown. Property generates 46K NOI projecting great return on investment in solid Westend location.

Location

State ME

County Cumberland

Zoning R6

Rooms

Basement Partial, Doghouse, Bulkhead, Unfinished

Interior

Interior Features Shower

Heating Direct Vent Heater

Cooling None

Flooring Vinyl

Laundry Washer Hookup

Exterior

Parking Features No Driveway, Off Site, On Street

Utilities Available 1

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Sidewalks, Intown, Near Shopping, Near Town, Neighborhood, Near Public Transit

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Others

Restrictions Unknown

Energy Description Gas Natural

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+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME, 04105-1301, USA