438-440 St John St, Portland, ME 04102
- $860,000
- 3
- BA
- 3,610
- SqFt
Listing courtesy of Coldwell Banker Realty. 207-282-5988
- List Price
- $860,000
- MLS#
- 1661478
- Status
- ACTIVE
- Type
- Multifamily
- City
- Portland
- County
- Cumberland
- Bathrooms
- 3
- Living Area
- 3,610
- Lot Size
- 5,227
- Year Built
- 1900
Property Description
This three-unit property near USM offers opportunity and flexibility. A detached single-family home and a duplex on one lot, create a range of possibilities for investors, owner-occupants, and multi-generational living arrangements alike. Each of the three units offers a three-bedroom layout, providing comfortable living spaces that continue to attract strong tenant demand. The property is currently fully occupied with a proven rental history, offering immediate income for investors while presenting future opportunities for an owner-occupant seeking to offset housing costs with rental revenue. Off-street parking adds significant value and convenience, while the highly walkable location places residents just minutes from USM, Hadlock Field, The Expo, Deering Oaks Park, downtown Portland, local restaurants, shopping, and public transportation. Well maintained over the years, the property offers a solid foundation with potential for future value enhancement through cosmetic exterior improvements. Whether you're looking to grow your investment portfolio, establish a foothold in Portland's competitive housing market, or enjoy the benefits of owner-occupied multi-family living, 438-440 St. John Street presents a rare opportunity in a sought-after location.
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Additional Information
- Living Area
- 3,610
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- Interior Entry, Unfinished
- Cooling
- None
- Year Built
- 1900
- Acres
- 0.12
- Roof
- Shingle
- Style
- Other
- Courtesy Of Listing Office
- Coldwell Banker Realty
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Contact: 207-282-5988