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Listed by North Star Realty

$1,150,000

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4 Baths

3,733 SqFt

Active Under Contract

159 High ST South Portland, ME 04106

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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 Under Contract

Square Footage 3,733 sqft

MLS Listing ID 1616357

Style Colonial

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,733

Year Built 1900

Annual Tax Amount $9,387

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Source Maine Listings

Property Description

Welcome to 159 High St, a well maintained multi-unit property in one of South Portland's most sought-after locations! Located in the historic Ferry Village, this 4-unit property offers an exceptional investment opportunity or a comfortable owner-occupied residence. Its location is a short distance from the scenic Greenbelt Walkway and a short bike ride to Willard Beach, SMCC, and Buglight Park, which offers the perfect blend of convenience and coastal living. This property consists of 3 recently updated two bedroom units and 1 one bedroom, with a fenced-in yard. Most of the windows have been replaced and a new roof installed in 2024. There is a 2-car garage with a large driveway and enough parking spaces for up to 8 cars. 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 the high-demand rental market in South Portland. Don't miss out on this incredible opportunity to own a versatile, income-generating property in the desirable Ferry Village location. Call today to schedule your appointment!

Location

State ME

County Cumberland

Zoning Residential G

Rooms

Basement Interior, Full, Unfinished

Interior

Interior Features Bathtub, Shower

Heating Hot Water, Heat Pump, Baseboard

Cooling Heat Pump

Flooring Wood, Tile, Laminate, Carpet

Laundry Laundry - Coin

Exterior

Parking Features 5 - 10 Spaces, Paved, On Site, Detached

Garage Spaces 2.0

Fence Fenced

Utilities Available 1

View Y/N No

Roof Type Shingle

Street Surface Paved

Porch Deck

Garage Yes

Building

Lot Description Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Neighborhood, Near Public Transit

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Structure Type Vinyl Siding,Wood Frame

Others

Restrictions Unknown

Energy Description Gas Natural

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 331-4565

info@elevatemaine.com

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