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About the Listing 3683 - 016927
Opportunity awaits at this well-located two-unit property in Portland. Each spacious unit offers two bedrooms, one full bath and a comfortable five-room layout, with dedicated electric meters and water heaters. Currently tenant-occupied, generating rental income and offering an appealing option for investors or owner-occupants looking to offset their mortgage with rental revenue. Several major exterior and mechanical improvements have already been completed, including a newer furnace, water heater and roof. A full unfinished basement provides additional storage with laundry, while the attic offers potential to expand the second-floor unit, subject to applicable approvals. The paved driveway provides plenty of off-street parking—a valuable convenience in Portland. Located in a Multi-Use Commercial zone with excellent visibility and convenient access to shopping, local businesses, major roadways and the Maine Turnpike, the property may also offer possibilities for a home-based or small-business use. A versatile Portland property offering rental income, ample parking, recent major improvements and future potential!
Listing Highlights for 11481150 1148-1150 Forest Ave
Interior Details
- Bathrooms: 2 Full
- Appliances: Cable,Internet Access Available
- Air Cond:
- Heating: Oil,Baseboard,Forced Air,Hot Water
- Fireplaces:
- Floor: Laminate,Vinyl,Wood
- Above Ground Sq Ft: 2136
- Basement: Interior Entry,Full,Unfinished
- Other: 1st Floor Bedroom,Pantry
- Water: Public
Exterior Details
- Lot Description: Business District,Intown,Near Shopping,Near Turnpike/Interstate,Sidewalks
- Garage Capacity: N/A
- Zoning: Multi Use Commercial
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,5 - 10 Spaces,Off Street
Financial Details
- Tax Amount: $6,608
- Taxes w/Assessments: N/A
- Tax/Property ID: PTLD-000152-A000004-000001
- Tax Year: 2025
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Monthly Payment
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Listing Location
Questions About..
11481150 1148-1150 Forest Ave Portland, ME 04103
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