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Listed by Sarem Al-Shawk Maine Real Estate Co

$1,499,000

Est. payment - /mo

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9 Baths

7,446 SqFt

Active

671-675 Forest AVE Portland, ME 04103

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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

Purchase Type For Sale

Square Footage 7,446 sqft

Price per Sqft $201

MLS Listing ID 1650249

Full Baths 8

Half Baths 1

HOA Y/N No

Year Built 1910

Tax Year 2026

Lot Size 5,227 Sqft

Acres 0.12

Source Maine Listings

Land Area 7446

Property Description

INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms.Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience for the retail unit.

Location

State ME

County Cumberland

Zoning B2B

Rooms

Basement Interior Entry, Walk-Out Access, Finished, Full, Unfinished

Interior

Heating Oil, Baseboard, Hot Water

Cooling None

Flooring Carpet, Tile, Vinyl

Exterior

Parking Features Common, Paved, 1 - 4 Spaces, On Site, Off Street, On Street

Roof Type Flat,Other

Garage No

Building

Lot Description Business District, Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Level, Open Lot, Sidewalks, Near Public Transit

Story 2

Water Public

Architectural Style Other

Others

Tax ID PTLD-000129-L000002-000001

Security Features Fire System,Fire Sprinkler System

Nearby Locations

Please Contact Me For More Information.

+1(207) 331-4565

info@elevatemaine.com

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