Portland
$1,499,000
671-675 Forest Avenue
mls: 1650249
Bathrooms: 9
Year Built: 1910
Sq Footage: 7,446
Lot Size: 0.12
Taxes: $15,028
Status: Active

INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave.

Listed by: Maine Real Estate Co

INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland 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 one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms.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. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience for the retail unit.

Listed by: Maine Real Estate Co

Above Grade Finished Area
7446.00
Accessibility Features
Appliances
Architectural Style
Other
Basement
Interior Entry
Bathrooms Full
8
Bathrooms Half
1
Bathrooms Total Integer
9
Below Grade Finished Area
0.00
Body Type
Building Area Total
7446.00
Construction Materials
Cooling
None
Electric
Circuit Breakers
Exterior Features
Flooring
Carpet, Tile, Vinyl
Foundation Details
Garage Spaces
0.00
Green Energy Efficient
Heating
Baseboard, Hot Water
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Business District
Lot Size Acres
0.1200
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Flat, Other
Sewer
Public Sewer
Tax Annual Amount
15028.00
Utilities
Water Source
Public
Year Built
1910
Zoning
B2B