Explore all multi-family listings for sale in South Portland, Maine area listed below. As you search through listings please be sure to contact us with any questions or to schedule a viewing.
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Price$1,950,000
Est. Mortgage: $/month
MLS Number 1535187
Rare South Portland 9 Unit on Cottage Rd. Well maintained property with excellent rental history.Open Showings on July 8th from 10 a.m. to 12 p.m. and July 12th from 12 p.m. to 2 p.m.Offer deadline: July 14th at 5 p.m.Units 1,2,3,4,&8 are Subsidized by Opportunity Alliance.
Listed by The Dunham Group
Price$1,125,000
Est. Mortgage: $/month
MLS Number 1537553
268 Highland Ave may be the rare investment opportunity you've been waiting for! The property consists of a stand-alone home and a large duplex on the same lot! There are three total units with separate utilities equaling 3280 square feet of living space. The current rents bring in $7150 a month in rental income. This opportunity is perfect for an investor buyer looking for good numbers, an owner-occupied buyer looking to live in the home and have the other units help pay the mortgage or a buyer looking to co-live with friends or family in a cool location! The home was completely remodeled in 2016 with simplicity and efficiency in mind. The single family is currently month to month and offers 1 level living, a separate driveway / parking, fenced back yard and a contemporary feel! This unit feels and lives like a single-family home with tons of privacy, natural light and space for pets/play/gardening or entertaining. The duplex offers large units, high ceilings, period details, separate entrances, private porches, hardwood flooring throughout, ample parking and room for rental increases in the future. The .54-acre lot directly abuts Hinckley Park giving the owner/tenants access to Hiking, trail running, dog walking, biking, freshwater fishing, ice skating in the winter plus the community gardens. The trail system connects to all South Portland Land trust trails and into the Portland trail system. The general location allows for sidewalk access to restaurants, Parks, Willard beach or downtown Portland.
Listed by Cottage & Co Real Estate
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Price$735,000
Est. Mortgage: $/month
MLS Number 1538091
Under-leveraged 3-unit multifamily in a great location with built-in capacity for increased return on investment. Each level features a three-bedroom unit with its own separate heat pump, electric meter, and basement level washer & dryer hook-up (current numbers reflect the owner paying all utilities). Two of the units have been recently updated complete with new flooring & paint, renovated kitchens, and new bathrooms. Energy efficiency improvements include an on-demand natural gas hot water heater new in 2015 and foam insulation in the basement. Property is in the Ferry Village Neighborhood located within a block of the Greenline Trail System, a mile from Willard Beach, 3 miles from Southern Maine Community College, and a short stroll to Hannaford, seasonal farmer's market, restaurants & brewery. This property has strong rental potential in any market.
Listed by Coldwell Banker Rizzo Mattson
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Price$699,000
Est. Mortgage: $/month
MLS Number 1537853
Unique Ferry Village 2-unit with art studio on the property. The entire home has been renovated with a primary suite on the 3rd floor, overlooking a living room below with its two-story cathedral ceiling. Fluted oak window/door trim is consistent throughout the property. Custom door arches add amazing character. Spacious kitchens. Multiple covered porches and patios make staying outside possible in all seasons. Enjoy the sophisticated backyard space complete with beautiful patios, firepit, hot tub and custom sheds. Basement is spacious for doing home projects and has a workbench plus built-in shelving. Art studio at the rear of the property is beautifully enhanced with pine wood throughout plus 4 skylights and a lovely outdoor patio and storage. Long driveway for plenty of off-street parking. Close to Greenbelt Pathway, Scratch Baking, Toast Bar. Saltwater Grille, Mad Horse Theater, Lyric Theater, Bug Light and Willard Beach, all just minutes away. This property is a must see! Open House Sun., July 30th, 11-1.
Listed by Keller Williams Realty
Price$585,000
Est. Mortgage: $/month
MLS Number 1537923
Proudly positioned on a corner lot in the desirable Sunset Park neighborhood, this well kept two-family home welcomes an owner-occupant or investor! The main unit features; a half bath on first floor along with an office, living room, dinning room, family room and screened in porch, and, on the second floor three bedrooms with closets and a full bathroom. The attic offers a custom pull down ladder and is spotless. The main unit has new replacement windows and new appliances. The main unit has its own driveway and currently enjoys both garage bays but the left bay can accompany the apartment for potential higher rent! The main unit could be rented for $2600 with no utilities. The apartment, currently rented for $2,000 (no utilities), features; two bedrooms, remolded bathroom and kitchen with a new range and storage. This unit also has its own dedicated driveway and w/d hook up. Both units have all new paint and refinished hardwood floors. The nicely landscaped yard hosts a fire pit and is fenced on two sides. It would be a shame to forget about the location; the house has an adjacent dead end street with many more to explore the safe and quiet neighborhood and its park, and, being right off of route 1 and two minutes to I-95 and I-295 --anyone can have an easy commute. Please also see MLS: 1537916.
Listed by LUX Realty
Price$485,000
Est. Mortgage: $/month
MLS Number 1535296
Dreaming of an investment property in popular South Portland? This Mussey Street abode is your nod from the cosmos! Two spacious units paired with a coveted locale make this an opportunity not to be missed. All who reside here enjoy oh-so-close proximity to the water and beloved greenbelt trail, Willard Beach, Southern Maine Community College and every amenity imaginable. The main floor apartment offers two bedrooms, a dining/multi-use room, living area and full bath. The second floor apartment features two levels, 3 bedrooms (with potential for 4-5 bedrooms), a living area, dining/multi-use area, two bathrooms and a rooftop deck! Separate laundry rooms for each unit make life's chores easy for landlord and apartment dweller alike. A well-maintained roof, electrical & plumbing systems and many new windows mean this building is a solid asset from day one, providing comfort & joy to tenants and easily serving as an owner-occupied residence. Opportunity is at your doorstep - it's time to make your move! Property has been pre-inspected.
Listed by Portside Real Estate Group
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