Portland
$1,195,000
16 Montrose Avenue
mls: 1679908
Bathrooms: 3
Year Built: 1885
Sq Footage: 4,410
Lot Size: 0.22
Taxes: $11,604
Status: Active

Exceptional opportunity in Portland's desirable Rosemont neighborhood! 14-16 Montrose Avenue offers three spacious residential units, numerous updates, a detached 3-car garage and a location that continues to make this neighborhood one of Portland's most sought-after residential areas.

Listed by: Maine Community Real Estate

Exceptional opportunity in Portland's desirable Rosemont neighborhood! 14-16 Montrose Avenue offers three spacious residential units, numerous updates, a detached 3-car garage and a location that continues to make this neighborhood one of Portland's most sought-after residential areas. Each of the three units offers generous living space, creating an attractive opportunity for investors as well as an owner-occupant looking to combine comfortable living with rental income. Numerous improvements have been completed throughout the property, while the detached three-car garage provides valuable parking and storage rarely found with Portland multi-units. Adding another interesting dimension, the property's deed describes the premises as two lots within the historic Rosemont subdivision, and City parcel mapping depicts two underlying parcels. The existing 3-unit and detached garage are situated on opposite parcels. This configuration may offer intriguing future possibilities for a buyer willing to explore the property's development potential with the City of Portland. A rare combination of three substantial units, a 3-car garage, desirable neighborhood setting and potential future upside—all just minutes from downtown Portland. Development potential has not been approved or confirmed. Buyers are responsible for independently verifying permitted uses and development potential with the City of Portland.

Listed by: Maine Community Real Estate

Above Grade Finished Area
4410.00
Accessibility Features
32 - 36 Inch Doors
Appliances
Architectural Style
Other
Basement
Bulkhead, Interior Entry, Full, Unfinished
Bathrooms Full
3
Bathrooms Total Integer
3
Below Grade Finished Area
0.00
Body Type
Building Area Total
4410.00
Construction Materials
Masonry, Wood Frame, Block
Cooling
None
Electric
Circuit Breakers
Exterior Features
Fireplaces Total
0
Flooring
Vinyl, Wood
Foundation Details
Stone, Poured Concrete
Garage Spaces
3.00
Garage Yes/No
1
Green Energy Efficient
Insulated Foundation
Heating
Gas Natural, Radiator, Steam
Heating Yes/No
1
Interior Features
Bathtub, Pantry, Shower, Storage
Laundry Features
Laundry - Coin
Lot Features
Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Corner Lot, Sidewalks, Near Public Transit
Lot Size Acres
0.2200
Other Equipment
Internet Access Available
Other Structures
Parking Features
Paved, 5 - 10 Spaces, On Site, Detached
Patio And Porch Features
Deck
Pets Allowed
Other Restrictions
Property Condition
Roof
Flat, Membrane, Shingle
Sewer
Public Sewer
Tax Annual Amount
11604.00
Utilities
Water Source
Public
Waterfront Features
Nearby
Year Built
1885
Zoning
R5