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Open House Times
- Sun. Sep. 07 at 10:00am to 12:00pm
About the Listing 1898 - 023801,020446
Turn-Key 3-Unit in Portland, perfect for investors or owner-occupants! This beautifully updated 3-unit property in Portland is truly turn-key. Major renovations were completed in 2019, and the current owner has taken it to the next level with even more improvements. Recent upgrades include a brand-new driveway, fresh landscaping, a new roof, high-quality composite exterior stairs, energy-efficient heat pump hot water heaters, and additional insulation following a professional energy audit. This is all designed to boost efficiency and reduce operating and maintenance costs. Inside, each unit is modern, bright, and inviting with hardwood modern kitchens. The heat pumps offer high efficiency heating and cooling, keeping expenses low and cash flow strong. The location couldn't be better, tucked in a peaceful, country-like setting yet just minutes from Back Cove, downtown Portland, and I-295. Rents are strong, and with the third or first floor units able to be delivered vacant, this is an excellent opportunity for an owner-occupant or a savvy investor looking for a turnkey property in a prime spot.
Listing Highlights for 700 Ocean Ave
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
1636596
Year Built
1904
Total Square Footage
2,644
Lot/Acreage
0.16
County
Cumberland
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Heat Pump
- Heating: Heat Pump
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2644
- Below Ground Sq Ft: 0
- Basement: Interior,Full,Doghouse
- Other:
- Water: Public
Exterior Details
- Lot Description: Well Landscaped,Level,Sidewalks,Intown,Near Shopping,Near Turnpike/Interstate,Near Town
- Garage Capacity: N/A
- Zoning: RN-1
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: 5 - 10 Spaces,Paved
Financial Details
- Tax Amount: $7,169
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
700 Ocean Ave Portland, ME 04103
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