736 Forest AVE Portland, ME 04103
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Active
Square Footage 3,540 sqft
MLS Listing ID 1638190
HOA Y/N No
Year Built 1900
Annual Tax Amount $9,005
Tax Year 2026
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Multi Family
Source Maine Listings
Land Area 3540
Property Description
The upper levels contain two vacant, fully renovated residential units with separate entrances: a 2BD/1BA (945 SF, projected rent $2,750/month) and a 4BD/2BA (1,766 SF, projected rent $3,900/month). Strong rental demand and modern finishes position these units for immediate occupancy.
Additional features include off-street parking for 3 vehicles, abundant street parking, and direct access to public transportation. Strategic location minutes from I-295 and downtown Portland, and within half a mile of Back Cove, Stevens Ave Deering neighborhood (Norimoto Bakery, Rambler Café, Pat's Meat Market), and Woodfords Corner amenities.
A flexible investment opportunity suitable for owner-occupiers or investors seeking a mixed-use property with strong signage visibility and cash flow potential.
Also listed as MULTI-FAMILY MLS#: 1638196
Location
State ME
County Cumberland
Zoning B2b
Rooms
Basement Full, Unfinished
Interior
Heating Direct Vent Heater
Cooling None
Flooring Wood
Exterior
Parking Features 1 - 4 Spaces, On Site, Paved
Utilities Available 1
View Y/N No
Roof Type Shingle
Building
Lot Description Business District, Near Shopping
Story 3
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
Others
Energy Description Gas Natural
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