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About This Home
This 0-bedroom, 0-bathroom commercial at 671 Forest Avenue in Portland, ME is listed for $1,499,000 ($134 per sqft). Built in 1910, the home offers 11,169 sqft of living space on a 0.12 acres lot.
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 eigh
t 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.
Key Features
- Built in 1910
- 0.12 acre lot
Property Details
Monthly Cost Estimate
$8,017/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
671 Forest Avenue
Portland, ME 04103
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 671 Forest Avenue is listed at $1,499,000 ($134/sqft). The estimated monthly payment is $6,496 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.12 acre lot.
This property is listed by Sarem Al-Shawk and can be reached at 2074157986 or Saremalshawk@gmail.com.
