Portland ME Real Estate

MLS Number 1542321

• MultiFamily
• MLS Status Active
• Property SubType Multi Family
• Address 1190 Forest Avenue
• Square Feet 15,126

100% occupied brick 15,126 square foot mixed-use property. This historic building has just undergone major renovation with new storefronts, windows, heating, plumbing, electrical, etc. The first floor is comprised of six retail storefronts currently configured for 5 tenants. Facing busy Forest Avenue and Bishop Street, property offers visibility on one of the busiest intersections in the state of Maine. The second floor is new residential, comprised of 22 rooming units and a 2-bedroom apartment. The rear of the building offers parking and a loading dock. In addition, a separate .1825-acre, 20+ space parking lot is being conveyed with possible development opportunity. Current professional management is also available to the new owner if desired. Excellent financials, ideal for 1031 exchange investment. Close to many area restaurants, stores, businesses, and the University of New England. Also Listed Commercial MLS #1542320

Listed by Town & Shore Real Estate

MLS Number 1544584

• MultiFamily
• Full Bath 3
• Style Multi-Level
• MLS Status Active
• Property SubType Multi Family

Here is your chance to own a 3-unit in the desirable East End neighborhood of Portland. According to the city, this oversized lot can support a 7-unit development. All 3 units are good size and completely owner occupied. With the way this property is situated your water views are protected by the park below. Come check out this lovely family-owned 3-unit property with amazing water views from every floor!

Listed by Keller Williams Realty

MLS Number 1550940

• Residential
• Bathroom 6
• Bedrooms 9
• Full Bath 4
• Half Baths 2

Come discover the historic magnificence of this Colonial-Revival style home built on Portland's Western Promenade. Built in 1903 for Adam P. Leighton, a successful businessman considered ''the father of the American postcard'' and later mayor of Portland, this elegant property has been carefully restored and boasts original architectural details including ornate moldings, wainscotting, high ceilings, grand bay windows and six custom finished fireplaces. Enter through the stained glass front door and you are greeted with more stained glass windows, all featuring the Leighton family crest. Explore over 6,000 square feet of living space including 9 bedrooms and 6 bathrooms. Imagine relaxing with a book in the stately black walnut library, or perhaps make it the ultimate home office. Entertain in the front parlor bathed in the glow of the sunset over the Western Prom, before adjourning for a game of pool in the billiard room. Enjoy a cocktail in the sitting room while surrounded by a mural reported to be done by John Calvin Stevens, and you feel like you are stepping back in time. A trip through the butler's pantry to an updated kitchen with modern amenities brings you back to the present day. Upstairs the elegant master bedroom has a sitting room, walk-in closet, full bath and private porch deck. They didn't dream of the convenience of second floor laundry in 1903, you won't have to. As a nationally registered historic place, this property offers the perfect blend of history and the comfort of modern living, with easy rental opportunities if this is your luxury second home. This icon of the Western Promenade has only known two other owners over the last 120 years other than Adam Leighton and his son Hugh, will you be the fifth? Don't miss out on this once in a lifetime opportunity to own a piece of Portland's past, in one of the city's most sought after neighborhoods close to everything this vibrant city has to offer. Contact us for a showing today.

Listed by Keller Williams Realty

MLS Number 1543181

• Residential
• Bathroom 4
• Bedrooms 3
• Full Bath 3
• Half Baths 1

Fabulous opportunity! New construction in Portland's coveted West End! Stunning architectural design, sustainable materials, high-efficiency systems including electric heat pumps for heating and cooling. This gorgeous new dwelling is underway, with occupancy Spring 2023. Three floors of beautifully crafted, open and dramatic living space. Three bedrooms, three and a half baths, and a fourth bedroom or a studio apartment with kitchenette on the ground floor. Garage for one to two vehicles, tandem. Four balconies and a rear yard or patio for outdoor living. Top floor sunroom and a two-story light shaft provide sun-drenched spaces throughout. Harbor views! Quiet, West End neighborhood living within a short walk to Portland's star-studded restaurants, coffee shops and markets.

Listed by Town & Shore Real Estate

MLS Number 1546760

• MultiFamily
• Full Bath 5
• Style New Englander
• MLS Status Active
• Property SubType Multi Family

Comprehensively updated and multi-family, located in one of Maine's most desirable neighborhoods is ideal for an owner occupant, investor or developer. Located in the heart of Portland's desirable East End the site is a short walk to the parks, playgrounds, bakeries, breweries, boutiques and business of Munjoy Hill, inner Washington Ave and Portland Foreside... locations don't get more desirable. This is a key component to garnering great rents, having zero vacancies, enjoying unparalleled appreciation and most importantly - providing an outstanding quality of life. Over the last several years the owners have updated the building unit by unit. From the semi-boring stuff like windows, doors, electrical, plumbing, heating... to the more enjoyable things like updated kitchens, baths, in-unit laundry, flooring and lighting this building is turn-key and condo-quality. Rents are at market and there is banked rent (allowing a new owner to raise the rents significantly) so rent control is no concern. With gross rents of $90,000, tenants paying for their utilities and low - low cost of ownership this is an ideal investment or condo / single family alternative. Located in the desirable R6 zone and not in the historic district a new owner has lots of options from expansion (7 units are allowed), separate structure or a more comprehensive re-imagination and development. When you realize that this is one of the highest points in Portland that already affords brilliant water views you can't help but dream a little... .12 acres, 4,046sf, 5 units, 3 - 1 bedroom & 1 bath units, 2 - 2 bedroom & 1 bath units, 5 off street parking spaces. Shown by appointment.

Listed by Benchmark Real Estate