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69 Newbury Street

Portland

$2,250,000

beds   ·   4 baths   ·   4,438 sqft   ·   0.04 acres   ·   taxes: $9,946   ·   MLS#: 1671572

Turnkey mixed use investment opportunity in Portland's highly sought after East End. This four unit property features three residential apartments and one commercial space, making it an exceptional opportunity for investors or owner-occupants seeking strong rental income. The residential units include a completely renovated 2 bedroom, 1 bathroom apartment with a bonus room, a 2 bedroom, 1 bathroom apartment, and a renovated 3 bedroom, 2 bathroom apartment. Extensive capital improvements include a new roof (2023), new siding, new windows, three new heat pumps, updated plumbing and electrical systems, renovated kitchens and bathrooms, and substantial improvements to the commercial space. Just steps from the Eastern Promenade, East End Beach, the Old Port, Portland's waterfront, and countless restaurants, breweries, coffee shops, and local shops. This is a rare opportunity to own a fully renovated mixed use property in one of Maine's most desirable neighborhoods. Showings by appointment only. Please allow a minimum of 48 hours' notice. Please see the attached list of capital improvements for a summary of recent renovations and upgrades.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1905
  • Style : Other
  • Flooring : Carpet, Laminate, Hardwood
  • Garage Spaces : 0.00
  • Roof : Shingle
  • Basement : Exterior Entry, Walk-Out Access
  • Heating : Electric, Oil, Baseboard, Heat Pump, Hot Water
  • Cooling : Heat Pump, Window Unit(s)

Site

  • Water Body Type : Nearby, Public
  • Water Body Name : Portland Harbor
  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : IS-FBC
Listing provided by Harborview Properties, Inc.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy