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700 Ocean Avenue, Portland, ME 04103

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For Sale

$830,000

3 baths • 2,644 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $313.92
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 1636596

Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
(207) 879-9800

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Vinyl, Wood
  • Lot Size
    0.16 Acres

Map and Directions

Directions to 700 Ocean Avenue, Portland, ME 04103

Home seller CENTURY 21 First Choice Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 First Choice Realty

(207) 839-2188
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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