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About the Listing 2951 - 018986
7 Huntress Street presents exceptionally well as a professionally managed 10-unit multifamily asset in one of Portland's most desirable in-town locations. Ideally situated near Maine Medical Center, Thompson's Point, downtown Portland, and major transportation routes, the property offers both stable cash flow and long-term investment appeal. Current ownership has made numerous thoughtful capital improvements, including replacement of the original cast iron plumbing with PVC, recent boiler servicing, repairs to the rubber roof, new carpeting in one apartment and in the right-side common hallway, two new ceilings, updated blinds and interior paint, a new bathroom window, and updated appliances including a new stove, refrigerator, and sink in one unit. The property also benefits from two new washers and two new dryers, while six of the apartments now feature modern keyless entry systems. Parking is a significant value add, offering nine total spaces, including four garage bays plus additional off-street parking. Ownership has also identified an opportunity for the next investor to increase revenue through strategic parking rental income, creating additional upside beyond the existing rental stream. Well maintained with a strong history of ownership and meaningful recent updates. A rare opportunity to acquire a turnkey multifamily asset with both immediate stability and future income potential in Portland's thriving rental market
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
1666409
Year Built
1910
Total Square Footage
9,980
Lot/Acreage
0.24
County
Cumberland
School District
Portland Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 10 Full
- Appliances:
- Air Cond:
- Heating: Gas Natural,Baseboard,Hot Water,Zoned,Radiator
- Fireplaces:
- Floor: Carpet,Laminate,Vinyl,Wood
- Above Ground Sq Ft: 9980
- Below Ground Sq Ft: 0
- Basement: Interior Entry,Walk-Out Access,Daylight,Finished,Full,Unfinished,Brick/Mortar
- Other: Bathtub,Storage
- Water: Public
Exterior Details
- Lot Description: Business District,Intown,Near Shopping,Near Turnpike/Interstate,Neighborhood,Near Railroad,Corner Lot,Level,Sidewalks,Landscaped,Near Public Transit
- Garage Capacity: 4 car
- Zoning: R6
- Roof: Flat,Membrane
- Others:
- Sewer: Public Sewer
- Parking Features: Common,Reclaimed,5 - 10 Spaces,On Site,Off Street,Detached
Financial Details
- Tax Amount: $21,928
- Taxes w/Assessments: N/A
- Tax/Property ID: PTLD-000067-H000012-000001
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
7 Huntress St Portland, ME 04102
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