Bought with Portside Real Estate Group
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Key Details
Sold Price $655,000
Property Type Multi-Family
Listing Status Sold
Square Footage 1,690 sqft
Subdivision Rosemont
MLS Listing ID 1599927
Sold Date 09/16/24
Style New Englander
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,690
Originating Board Maine Listings
Year Built 1921
Annual Tax Amount $6,634
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
This charming two-family home is a fantastic opportunity for both homeowners and investors. Each unit has its own utilities, ensuring easy management and billing. The property offers flexible living arrangements, ideal for owner-occupants who want to live in one unit and rent out the other. It boasts a strong short-term Airbnb rental history with impressive returns, as well as an excellent long-term rental history - a great way to offset mortgage costs. The first floor features a cozy 1-bedroom unit, perfect for rental income or comfortable living. On the upper floors you will find a cheerful owner's unit featuring two levels of living space, two bedrooms (with potential for a third), an updated bathroom and kitchen, and a delightful sun porch. The house is filled with natural light and timeless period charm. The property boasts a charming backyard with a patio, ideal for outdoor enjoyment and privacy. It is situated in a highly desirable neighborhood, offering convenient access to the University of Southern Maine and Maine Law's campuses, as well as Portland's shops and restaurants. Additionally, it is just minutes from Doherty Field and the popular outdoor Kiwanis Pool. This exceptional two-family property offers the perfect blend of comfort, convenience, and investment potential. Rental history and expenses are available upon request for potential rental income. It's a rare find in a desirable area, making it a must-see for anyone looking to invest in real estate or find a new place to call home. Open House: Sunday, 8/11 11am-1pm.
Location
State ME
County Cumberland
Zoning R5
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living, Other, Pantry, Storage
Heating Steam, Hot Water, Direct Vent Heater
Cooling None
Flooring Wood, Tile, Laminate, Carpet
Fireplace No
Laundry Washer Hookup
Exterior
Garage 1 - 4 Spaces, Paved, Common, Detached, Off Street, Storage
Garage Spaces 2.0
Waterfront No
View Y/N No
Roof Type Shingle
Street Surface Paved
Porch Porch, Screened
Parking Type 1 - 4 Spaces, Paved, Common, Detached, Off Street, Storage
Garage Yes
Building
Lot Description Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Story 3
Sewer Public Sewer
Water Public
Architectural Style New Englander
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Gas Natural
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327