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103 Read Street

Portland

$1,500,000

beds   ·   3 baths   ·   3,971 sqft   ·   1.41 acres   ·   taxes: $12,561   ·   MLS#: 1677065

103 Read Street presents a substantial 1.41 acre offering in Portland, combining an existing three unit property with three additional vacant lots and compelling long term potential. The existing multi-family includes three residential units, while the additional acreage creates an opportunity to explore a range of future uses or development possibilities. A conceptual development plan explores the potential of an 8-16 unit Cottage Court community, subject to municipal review and approvals. The location offers convenient access to Back Cove, Baxter Boulevard, Payson Park, USM, downtown Portland, public transportation, and major commuter routes. With significant acreage in an established Portland neighborhood, 103 Read Street offers an intriguing opportunity for an investor, developer, or buyer looking to take a longer term approach to the property. Property is being sold as-is.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1860
  • Style : Other
  • Flooring : Tile, Wood
  • Garage Spaces : 1.00
  • Roof : Metal, Shingle
  • Basement : Interior Entry, Full, Unfinished
  • Heating : Gas Natural, Direct Vent Furnace, Forced Air
  • Cooling : None

Site

  • Water Body Type : Nearby, Public
  • Water Source : Public
  • View : Trees/Woods
  • Sewer : Public Sewer
  • Zoning : RN1
  • Road Surface Type : Paved
Listing provided by RE/MAX By The Bay

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 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