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671-675 Forest Avenue
PortlandME 04103

$1,499,000
for sale
Tools
Brochure
Size
5
Full Baths
7,446 Sq Ft.
interior
0.12 Acres
Exterior
Financial
$1,499,000
Change Currency
$201
Price Per Sqft
$16,448
Annual taxes
Listing Details
Other
Property type
1910
Year Built
7825007
Web Id
1581920
MLS ID
216
Days Posted

Description

671-675 Forest Avenue,

Portland, ME 04103

2 retail & 5 residential units in a prime location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with two street-level retail units, perfect for businesses seeking prime visibility, and five residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms. The full unfinished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience. Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property.

This is an Active listing.

Broker Office Phone Number: 800-971-8860

Copyright © 2024Maine Real Estate Information System, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Carpet
  • Carpeted Floors
  • Tile Flooring
  • Vinyl Flooring
  • Off Street Available

Price History

datepricevariancetype
6/15/2024$1,499,000-Listed
8/14/2023$1,595,000-off market
6/17/2023$1,595,000-Listed
Listing By: Maine Real Estate Co via Data Source: Maine Real Estate Information System, Inc. 
listing agent: Sarem Al-Shawk


Located at 671-675 Forest Avenue, Portland, Maine 04103, this Other is for Sale with a price of $1,499,000 USD. The property was built in 1910, has 5 full baths. This listing has 7,446 Sq.Ft. of interior space on a lot of .12 Acres. See all Homes for Sale in Portland.
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