Portland
$775,000
10 Deane Street
mls: 1670588
Bathrooms: 4
Year Built: 1900
Sq Footage: 3,346
Lot Size: 0.07
Taxes: $8,563
Status: Active

Oversized units, strong cash flow, and an unbeatable Portland location--10 Deane Street is the kind of multifamily opportunity that's becoming increasingly difficult to find.

Listed by: Elevate Maine Realty

Oversized units, strong cash flow, and an unbeatable Portland location--10 Deane Street is the kind of multifamily opportunity that's becoming increasingly difficult to find. Situated in Portland's highly desirable Oakdale neighborhood, this duplex offers exceptional flexibility for both investors and owner-occupants. Unit 1 features 3 bedrooms and 1.5 bathrooms, while the expansive second unit offers 4-5 bedrooms and 2 full bathrooms across two levels--a rare layout that stands out in today's market. Generating over $60,000 in annual Net Operating Income, the property is fully occupied by long-term tenants-at-will, providing immediate income with the flexibility to execute your own long-term strategy. While the units have been well lived in, they present an excellent opportunity to build additional equity through future cosmetic updates as turnover occurs. Just minutes from the University of Southern Maine, Maine Medical Center, Hadlock Field, Fitzpatrick Stadium, Deering Oaks Park, downtown Portland, and countless local restaurants, breweries, and shops, the location continues to support strong long-term rental demand and exceptional quality of life. Whether you're looking to expand your portfolio or offset your mortgage with rental income while living in one of Portland's most sought-after neighborhoods, this is an opportunity you won't want to miss. **Open Houses:** Saturday, July 11 from 11:00 AM-1:00 PM and Sunday, July 12 from 1:00 PM-3:00 PM.

Listed by: Elevate Maine Realty

Above Grade Finished Area
3346.00
Accessibility Features
Appliances
Architectural Style
New Englander
Basement
Interior Entry, Full, Unfinished
Bathrooms Full
3
Bathrooms Total Integer
4
Below Grade Finished Area
0.00
Body Type
Building Area Total
3346.00
Construction Materials
Wood Frame, Vinyl Siding
Cooling
None
Electric
Circuit Breakers
Exterior Features
Flooring
Vinyl, Wood
Foundation Details
Poured Concrete
Garage Spaces
0.00
Green Energy Efficient
Heating
Oil, Baseboard, Hot Water
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Intown, Near Turnpike/Interstate, Neighborhood, Level, Open Lot, Sidewalks, Near Public Transit
Lot Size Acres
0.0700
Other Equipment
Other Structures
Parking Features
Common, On Street
Patio And Porch Features
Porch
Pets Allowed
No Restrictions
Property Condition
Roof
Shingle
Sewer
Public Sewer
Tax Annual Amount
8563.30
Utilities
No
Water Source
Public
Waterfront Features
Year Built
1900
Zoning
R5