Multi Family Homes for Sale in Portland Maine

MLS Number 1372228

• MultiFamily
• Square Feet 22673
• Acreage 0.25
• Restrictions No Restrictions
• Year Built 1900

For Sale: 25 units in Portland's parkside neighborhood. These both can be purchased for $3,450,000 or separately as well. 13 Grant St - $1,600,000 - Gorgeous brick 11 unit apartment building in Portland's Parkside neighborhood. Newer boiler, fire alarm system, offering (4) 1 Bedrooms, (4) 2 Bedrooms and (3) 3 bedrooms. The units are very spacious w/ under-market rents and in great condition. 471 Cumberland Avenue - $1,850,000 - 14 unit apartment building in Portland's parkside neighborhood. (10) 1 Bedrooms and (4) 2 Bedrooms. 7 out of the 14 units have been totally remodeled with granite, cabinets, bathrooms, etc. Leaving the new owner very little work to do. This recently has had updated electrical as well. All rents are under-market offering lots of upside in a location that is close to 295/95, Old Port and Maine Medical center.

Listed by F.O. Bailey Real Estate

MLS Number 1364021

• MultiFamily
• Style Mansard, Townhouse
• Square Feet 6130
• Full Bath 4
• Half Bath 1

This stately mixed 3 unit sits at the gateway to Portland and at the doorstep of its renascence. It is no secret that this location will be home to the next boom. Savvy investors know to 'get-in' on the ground floor long before an area like this really take off. 65-67 Portland Street is packed with potential and steeped in a rich past. For 30 years it has been home to one of Maine's most iconic restaurants - Back Bay Grill (restaurant NOT for sale). More recently the current owners have preserved and updated the entire building. They have honored the historic past while bringing all systems and surfaces up to modern standards. Restaurant is on the ground level with generous bar, full kitchen, spacious dining area, lovely tin ceilings, 2 baths and more. The upper levels house two, 3 bedroom condo-ready apartments with generous floor plans, abundant light and views of Back Cove and beyond. Parking for 4+ and great Air-B&B numbers. Buy & begin your dream.

Listed by Benchmark Residential & Investment Real Estate

MLS Number 1371925

• MultiFamily
• Square Feet 12038
• Full Bath 14
• Acreage 0.13
• Restrictions No Restrictions

14 unit apartment building in Portland's Parkside neighborhood. (10) 1 Bedrooms and (4) 2 Bedrooms. 7 out of the 14 units have been totally remodeled with granite, cabinets, bathrooms, etc. Leaving the new owner very little work to do. This recently has had updated electrical as well. All rents are under-market offering lots of upside in a location that is close to 295/95, Old Port and Maine Medical center. 6.64% Cap Rate

Listed by F.O. Bailey Real Estate

MLS Number 1361891

• MultiFamily
• Style Multi-Level
• Square Feet 6160
• Full Bath 7
• Acreage 0.11

At the gateway to Portland's waterfront this elevated, expansive and impressive 7 unit offers many possibilities. A short walk to the Old Port; tree-lined St Lawrence Street is neighborly and peaceful. The site is elevated with sweeping views of Casco Bay, the working waterfront and Portland skyline. Catch the flash of Portland Head Light at night or hear the foghorns. The lot offers off street parking for 7 and the ability to expand while maintaining garden space. The building appears much as it did when it was built 103 years ago. Updates include: super-efficient heat, new windows, new roof... Seller pays heat, water & sewer. Tenants pay electric, gas and hot water. Rents are well below market. This quality building is a once in a lifetime opportunity and the ideal addition to your portfolio or an easy condo conversion.

Listed by Benchmark Residential & Investment Real Estate

MLS Number 1371923

• MultiFamily
• Style Multi-Level
• Address 11-13 Grant Street
• Square Feet 10635
• Full Bath 11

Gorgeous brick 11 unit apartment building in Portland's Parkside neighborhood. Newer boiler, fire alarm system, offering (4) 1 Bedrooms, (4) 2 Bedrooms and (3) 3 bedrooms. The units are very spacious w/ under-market rents and in great condition. 6.17% Cap rate

Listed by F.O. Bailey Real Estate

MLS Number 1400540

• MultiFamily
• Style Colonial
• Address 779 Congress Street
• Square Feet 13294
• Full Bath 10

Listed by Maine Realty Advisors

MLS Number 1400533

• MultiFamily
• Style Multi-Level
• Address 21 Merrill Street
• Square Feet 7168
• Full Bath 6

***SELLER offering $100,000 Construction Budget****Great opportunity to invest in Portland's popular East End. This 6 unit multi-family has off-street parking and is just steps to neighborhood shopping, restaurants, Tennis/Basketball Courts, parks, trails, and the East End Beach. The nature of this project is completely up to you, renovate the existing units, convert to condo's, demo and build new or do nothing and rent the units as they are. Market rents are $1,500-$1,800 per month.

Listed by Ashby Real Estate

MLS Number 1375088

• MultiFamily
• Style Other Style
• Address 765 Congress Street
• Acreage 0.1
• Year Built 1900

Group showings next Thursday (11/1/18) from 3:30-4:30pm and Friday (11/2/18) from 10-11am. Please rsvp via email with broker if and when you'll be attending.

Listed by NAI The Dunham Group

MLS Number 1373649

• MultiFamily
• Style Multi-Level
• Square Feet 5554
• Full Bath 5
• Half Bath 3

Investors take notice! Great location! Great income property, Total interior renovation in 2015. Building consists of 5 residential units and 2 commercial units. All units currently rented. Group showing on Tuesday October 16th from 2:00 to 4:00. 24 hours Notice required

Listed by Century 21 North East

MLS Number 1403322

• MultiFamily
• Style Colonial
• Address 48 Brackett Street
• Square Feet 7488
• Full Bath 5

Income property on the peninsula without all of the headaches of a 100+ year old building! Big dry basement with storage, fire monitoring system, wide common stairwells... This 5-unit multi-family was built in 1991 and is full of potential. Three 3 BR units and two 2 BR units - an ideal condo conversion, high end rental candidate or 1031 exchange. Originally constructed as agency housing, the property has always been professionally managed and in recent years several units have been freshened up and re-rented at market rate.

Listed by Vitalius Real Estate Group, LLC

MLS Number 1404112

• MultiFamily
• Style Greek-Revival
• Address 9 Howard Street
• Square Feet 2495
• Full Bath 2

At the top of Munjoy Hill and in the middle of the Hills' business district, sits a beautifully maintained Circa 1875, two unit building with tons of charm. This property offers to live like a single family with an awesome income producing rental below! You'll find a wonderfully appointed 1st floor 2 bedroom unit with two bay windows, a generous size private deck, parking, and great tenants! The second and third floor spacious owners unit boasts a private entry, gorgeous wood floors throughout, large living and dining rooms, eat in kitchen and full bath....all with an abundance of natural light. The third level has a striking cathedral ceiling in the master bedroom along with built-ins and a skylight, cute second bedroom and large bonus room which offers flex space and a private deck to enjoy Casco Bay views. Be part of the hip and cool East End with just steps to the restaurants, Eastern Prom and beach!

Listed by Gardner Real Estate Group

MLS Number 1374383

• MultiFamily
• Address 49 Falmouth Street
• Square Feet 6265
• Full Bath 6
• Acreage 0.14

We are pleased to offer a fully leased 6 unit multi-family property for sale. 49 Falmouth Street is located next to the University of Southern Maine's Portland campus in the desirable Woodfords neighborhood. Off street parking, updated electrical, heating system and replacement windows make this a solid investment.

Listed by NAI The Dunham Group

MLS Number 1377486

• MultiFamily
• Style Victorian
• Address 90 Capisic Street
• Square Feet 3848
• Full Bath 3

Beautifully restored and esthetically updated, Second Empire Victorian, sits on .5 acres just off the peninsula. With 11 rooms, the home lends itself to many uses, including a return, under its occupancy permit, to a 2-family residence or a bed and breakfast. This is a great home for entertaining large parties or sitting in your own oasis in one of the many rooms. Use the first floor barn for a garage and use the basement, second and third floors as a studio, workshop or for the in-laws. Seller has an active real estate license.

Listed by Keller Williams Realty

MLS Number 1373744

• MultiFamily
• Style Multi-Level
• Address 171 Congress Street
• Square Feet 4506
• Full Bath 3

Munjoy hill - classic east end 3-unit with long term tenants and separate utilities. Spacious, with double parlors, kitchen and 3 brs. Perfect water shots from a few angles. Preserved features include: 3 sets of bay windows per unit, wood floors, pocket doors and various built-ins. Updated systems include roof, replacement windows, sewer line, fire doors, lead abatement. The amazing 4th floor, full-height attic space could be combined with the 3rd floor for an extraordinary townhouse, with potential water and city views. Walkable to everything. It doesn't get much better than this!

Listed by Bay Realty Associates, Inc.

MLS Number 1332721

• MultiFamily
• Style Other Style
• Address 3 Deering Avenue
• Full Bath 2
• Half Bath 2

Located on the West End of Portland, Maine not far from Maine Medical Center Campus, we are pleased to offer this rare opportunity to purchase a mixed use, fully leased 2880 sqft building with a first floor fully equipped, 1440 sqft, 55 seat restaurant and two 2-bedroom 2nd floor apartments.Restaurant and Apartment 1 have been recently leased to 'Quiero Cafe' , scheduled to open this springhttps://www.quierocafemaine.com

Listed by F.O. Bailey Real Estate

MLS Number 1402280

• MultiFamily
• Style New Englander
• Address 16-18 Grant Street
• Square Feet 5103
• Full Bath 6

This humongous, 5,100+/- SF 4-unit in Parkside has incredible income and condo conversation potential. Current rents well below market. The 2nd floor alone has 8 rooms, 4 bedrooms and 2 baths. Buyers should bring vision and resources to lead this grand Portland building back up to it's full potential. Housing organizations and other institutions may find the size and number of bedrooms to be a good fit. Open Showings: -Wednesday the 16th from 12:00 to 12:30-Friday the 18th from 1:00 to 1:30

Listed by Vitalius Real Estate Group, LLC