700 Ocean Avenue, Portland, ME 04103
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
700 Ocean Avenue,Portland, ME 04103
$830,000
- - Beds
- 3 Baths
- 2,644 sq. ft.
- Multi-family
- Pending
Listed by:daniel weber nicholas laverriere
Office:keller williams realty
MLS#:1636596
Source:ME_MREIS
Price summary
- Price:$830,000
- Price per sq. ft.:$313.92
About this home
Turn-Key 3-Unit in Portland, perfect for investors or owner-occupants!
This beautifully updated 3-unit property in Portland is truly turn-key. Major renovations were completed in 2019, and the current owner has taken it to the next level with even more improvements. Recent upgrades include a brand-new driveway, fresh landscaping, a new roof, high-quality composite exterior stairs, energy-efficient heat pump hot water heaters, and additional insulation following a professional energy audit. This is all designed to boost efficiency and reduce operating and maintenance costs.
Inside, each unit is modern, bright, and inviting with hardwood modern kitchens. The heat pumps offer high efficiency heating and cooling, keeping expenses low and cash flow strong.
The location couldn't be better, tucked in a peaceful, country-like setting yet just minutes from Back Cove, downtown Portland, and I-295. Rents are strong, and with the third or first floor units able to be delivered vacant, this is an excellent opportunity for an owner-occupant or a savvy investor looking for a turnkey property in a prime spot.
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Home facts
- Year built:1904
- Listing ID #:1636596
- Updated:September 09, 2025 at 05:45 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,644 sq. ft.
Heating and cooling
- Heating:Heat Pump
Structure and exterior
- Year built:1904
- Building area:2,644 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$830,000
- Price per sq. ft.:$313.92
- Tax amount:$7,169 (2024)
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