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Property Description

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.

Overview

Property Status
For Sale
Lot Size
5,227.2 Sq.Ft.
MLS ID
1650249
Property Type
Multi-Family
Year Built
1910

Features & Amenities

Total Area
7,446 Sq.Ft.
Architecture Styles
Other
Stories
2
Water Source
Public
Roof
Flat, Other
Lot Features
Open, Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Public Transit
Parking
1 - 4 Spaces, Paved, Common, On Site, Off Street, On Street
Heat Type
Hot Water, Baseboard
Air Conditioning
None
Sewer
Public Sewer
Security Features
Sprinkler, Fire System
Sales Price
$1,499,000
Real Estate Tax
$15,028/yr
Zoning
B2B

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671-675 Forest Avenue

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 671-675 Forest Avenue, Portland, ME 04103

671-675 Forest Avenue
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  • Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave.

    Bailey Pate

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671-675 Forest Avenue

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