Attention contractors and investors--this two-unit property offers a prime opportunity to bring new life to a solid structure. While the home has experienced a period of neglect and requires significant renovation, the underlying bones are worth the effort. The front unit features a fireplace, adding character and future appeal once restored. Ideally located with convenient access to shopping, major roadways, and just minutes to downtown Portland, as well as UNE on Stevens Ave and USM on Forest Ave, this property sits in a highly desirable and accessible area. Positioned adjacent to railroad tracks, the setting may appeal to buyers seeking value and upside potential. Property is being sold as-is and is subject to short sale approval. Seller has no funds available for repairs or to contribute toward buyer closing costs or other concessions. Bring your vision and unlock the possibilities--this is a project with strong investment potential in a sought-after location.
| MLS # | 1659527 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1883 |
| Days On Site | 149 |
| Listing Provided By | Coldwell Banker Realty | Dana Earls |
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 1,681 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | RN-3 |
| Acreage | 0.15 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | No |
| Cooling | None |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Furnished | Unfurnished |
| Roof | Shingle |
|---|---|
| Foundation Details | Poured Concrete, Brick/Mortar |
| Lot Features | Near Public Transit |
| Construction Materials | Wood Frame, Shingle Siding |
| Exterior Co Exterior | Shingle Siding |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Paved, 1 - 4 Spaces |
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
| Tax Annual Amount | 4968 |
|---|---|
| Tax Book Number | 14753 |
| Tax Year | 2025 |
| Tax Lot | 07 |
| Tax Map Number | 124 |
| State | ME |
|---|---|
| County | Cumberland |
| City | Portland |
| Zip Code | 04103 |
| Area | Cumberland |
| Listing VS Median (in 04103) | |
Price: $399,000 low | high Med: $649,900 sqft: 1,681 low | high Med: 2,543 $ / sqft: $237 low | high Med: $256 On site: 149 low | high Med: 146 | |
| State | ME |
|---|---|
| County | Cumberland |
| City | Portland |
| Zip Code | 04103 |
| Area | Cumberland |
| Listing VS Median (in 04103) | |
Price: $399,000 low | high Med: $649,900 sqft: 1,681 low | high Med: 2,543 $ / sqft: $237 low | high Med: $256 On site: 149 low | high Med: 146 | |