Portland, ME 04102,176-178 Massachusetts AVE
Portland, ME 04102,176-178 Massachusetts AVE
Portland, ME 04102,176-178 Massachusetts AVE
Listed by Legacy Properties Sotheby's International Realty
Bought with Portside Real Estate Group
$655,000
$649,000
0.9%
Est.Price: ?

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2 Baths
1,690 SqFt
SOLD DATE : 09/16/2024

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

+1(207) 229-7613

Broker Associate | License ID: BA923327

Broker Associate License ID: BA923327

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