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About the Listing 1393 - 018423,001757
Charming 3-Unit Investment Property Near Back Cove in a Prime Portland Location. Tucked into a desirable, highly walkable neighborhood near the University of Southern Maine, this classic Portland multi-family blends timeless character with strong income potential. The first and second floor units showcase original hardwood floors, period details, and vintage built-ins that highlight the property's historic charm. The third unit offers flexibility and can be combined with the second floor to create an expansive owner's suite, complete with views of Back Cove. A detached garage provides valuable covered parking, protecting vehicles from Maine's elements. Residents enjoy a quiet, tree-lined street just minutes from neighborhood shops, popular cafes, and public transportation. With a proven rental history, consistent cash flow, and low vacancy, this property is well-suited for investors or owner-occupants seeking to live in one of Portland's most desirable locations.
Listing Highlights
Status
Active
Days on Site
15
Property Type
Multi-Family
MLS ®
1660702
Year Built
1930
Total Square Footage
3,119
Lot/Acreage
0.11
County
Cumberland
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Electric,Oil,Baseboard,Hot Water
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 3119
- Below Ground Sq Ft: 0
- Basement: Interior,Bulkhead,Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Sidewalks,Intown
- Garage Capacity: 2 car
- Zoning: R3
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,1 - 4 Spaces
Financial Details
- Tax Amount: $11,192
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
9 Grasmere Rd Portland, ME 04101
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