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About the Listing 1898 - 006785
Owner-occupied or exceptional investment opportunity in Portland! This well-maintained four-unit property features an attractive unit mix of two 1-bedroom, 1-bath apartments and two spacious 3-bedroom, 1-bath apartments. Each bright, sun-filled unit offers private deck or balcony access, providing desirable outdoor space for tenants. As an owner-occupied, you would have the potential of being exempt from Portland's rent control restrictions. Recent capital improvements include a new roof in 2025 and a new natural gas boiler in 2024, offering peace of mind for years to come. Additional amenities include coin-operated laundry, natural gas heat, and a large in-town lot with ample off-street parking. Conveniently located near the Western Promenade, downtown Portland, local restaurants, parks, shopping, and public transportation, this property offers strong rental appeal and easy access to many of the area's amenities. With a solid rental history, valuable recent updates, and a versatile unit mix, this is an excellent opportunity for investors looking to expand their portfolio in Portland's thriving rental market.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Multi-Family
MLS ®
1668670
Year Built
1900
Total Square Footage
2,911
Lot/Acreage
0.11
County
Cumberland
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full
- Appliances: Internet Access Available
- Air Cond:
- Heating: Gas Natural,Baseboard,Hot Water
- Fireplaces:
- Floor: Carpet,Vinyl,Wood
- Above Ground Sq Ft: 2911
- Below Ground Sq Ft: 0
- Basement: Exterior Entry,Walk-Out Access,Partial
- Other: Bathtub,Shower,Storage
- Water: Public
Exterior Details
- Lot Description: Intown,Near Shopping,Near Turnpike/Interstate,Neighborhood,Rolling Slope,Sidewalks,Near Public Transit
- Garage Capacity: N/A
- Zoning: R6
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Common,Paved,5 - 10 Spaces,On Site,Off Street
Financial Details
- Tax Amount: $9,902
- Taxes w/Assessments: N/A
- Tax/Property ID: PTLD-000064-D000019-000001
- Tax Year: 2024
Payment Calculator
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Questions About..
224 Valley St Portland, ME 04102
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