Coastal Maine Investment Properties

MLS Number 1561118

• MultiFamily
• Bathroom 3
• Square Feet 3,270
• Acreage 0.3

Are you in search of an investment opportunity? Look no further! This 3-unit building is located in a fantastic neighborhood and is well-maintained and managed. The property boasts a solid rental history and features a newer on-demand hot water system. Additionally, two of the units have laundry facilities. Enjoy the large, sunny lot with yard and patio area, as well as the enclosed porch in Unit #1. The property includes a detached garage and ample parking space in the driveway. Each unit has a separate entrance and is well laid out and spacious. With the potential for income generation through owner occupancy or renting all three units, this property is a great investment. Located close to town amenities, this property is truly a wonderful opportunity. Unit #3 was owner occupied.

Listed by Kennebunk Beach Realty,Inc.

MLS Number 1560787

• MultiFamily
• Bathroom 4
• Square Feet 3,562
• Acreage 0.28

Don't miss this excellent investment opportunity! Three units, all with solid rental history and wonderful current tenants. Two units have been completely renovated to include new flooring, paint, countertops, cabinets, bathroom fixtures, and appliances. The property boasts an oversized two-car garage, ample off-street parking, three private decks, and in-unit laundry. Set right outside of the quickly growing downtown areas of Biddeford and Saco, the demand to live in this area is sure to continue growing!

Listed by Excellence Realty

MLS Number 1561033

• MultiFamily
• Bathroom 4
• Square Feet 6,637
• Acreage 0.06

What a transformation this Downtown property has taken since 2020! Fully renovated creating an incredible opportunity offering 4 large, high quality - 1 Bedroom apartments and TWO commercial retail spaces. 100% rented. Light, bright and inviting is how this property presents itself! Unit 63B even comes fully furnished as it's presently used for short-term rentals. The commercial spaces have front & rear entrances and each building provides private entry leading to the 2nd & 3rd floor apartments. Both buildings share the HWBB heat and that's about it. Heat pumps in the commercial spaces and heat pump hot water heaters on each side provide the domestic hot water. A beautiful stainless steel fire escape spanning to the 3rd floor apartments graces the rear of the building. Truly a gem in the heart of Ellsworth! It's a must see!

Listed by Better Homes & Gardens Real Estate/The Masiello Group

MLS Number 1560932

• MultiFamily
• Bathroom 2
• Square Feet 1,475
• Acreage 0.15

This lovely 2 unit is set on a double corner lot in a quiet neighborhood. Updates include: a new roof in 2020, remodeled baths, new rewiring in 2017, as well as a new energy efficient heating system. Located just a few blocks from the vibrant downtown area with its shops, and restaurants, this home offers a residential feel while still being within walking distance to activities. Showings start Saturday, June 3rd. OPEN HOUSE Sunday, June 4th 11-1pm

Listed by Realty ONE Group - Compass

MLS Number 1560938

• MultiFamily
• Bathroom 3
• Square Feet 4,029
• Acreage 0.71

Immaculate fully furnished 2 unit offering (2) large 3 bedroom townhouse style units w/ granite, tile, wide pine hardwood floors, w/d hookup w/ plenty of character & charm! This property has been used as a successful AIR BNB with excellent rental history! This also has a large 2 car garage w/ extra space that could be added to the adjoining unit! This property also has been approved by the town to build an additional separate 4 UNIT APARTMENT BUILDING w/ engineer plans in place! OPEN HOUSE SATURDAY 6/3 FROM 11 AM - 1 PM + SUNDAY 6/4 FROM 11 AM - 1 PM

Listed by F.O. Bailey Real Estate

MLS Number 1533773

• MultiFamily
• Square Feet 1,806
• Acreage 0.92

200 West Professional Offices - Feeling cramped in your home office and ready for a fresh start? This unique setting offers the ability for a great live/work environment with two units. Currently used as a professional office with upstairs/downstairs tenants, consider the opportunities to work in one space while living in the other, rent out both units for professional use, or convert to a full time residential space. Ample onsite parking and easy access to Route 1 and 17. Call today to see how this could work for your business plan.

Listed by Cates Real Estate

MLS Number 1560820

• MultiFamily
• Bathroom 2
• Square Feet 1,248
• Acreage 1.1

Investment opportunity. Two modern and simple 1-bedroom units that require little maintenance and upkeep. Each unit is approximately 624 square feet and has a living room, eat-in kitchen, bedroom and bath with laundry. One unit has a long-term tenant and the other unit is currently open .. ready for rental or owner-occupancy.

Listed by Worth Real Estate,Inc.

MLS Number 1560652

• MultiFamily
• Bathroom 3
• Square Feet 2,329
• Acreage 0.08

Established 3 unit in a rapidly developing area of the city. This building has favorable numbers, is in pre-loved and maintained condition, offers separate utilities for heat and electric, and is in a prime position to take it to the next level. Base Rents will generate $62,400 annually making this a great owner occupied investment property for someone looking to build equity while keeping a manageable mortgage. Showing times are limited to Thursday 10:30 am-11:30am, Sunday 3:00pm -4:00pm, Monday 5:00pm-6:00pm, Wednesday 11:30-12:30pm. Offers will be reviewed as they come in.

Listed by RE/MAX Shoreline

MLS Number 1560597

• MultiFamily
• Bathroom 8
• Square Feet 10,769
• Acreage 0.51

Steeped in history and architectural splendor, the John Marshall Brown Residence, circa ~1867 is currently home to 8 wonderful residences and a truly magnificent carriage house. Located in the very heart of Portland's historic West End and set on an idyllic half acre, with gracious lawns, flowering trees and a sweeping drive you are transported to a time of grandeur. The preserved period details are nothing short of historic artifacts and a wonder to behold. While precious and preserved, the property has had significant updates with each unit offering light, bright and updated living. Units range from 1-2 bedrooms and rents are below market with room for improvement. With an NOI of $138,795 and a CAP rate of 4.6 the property functions well for the portfolio minded investor but there is also a condo conversion play. While several units are ideal for the owner occupant one can also see the logic in eliminating units to bring the property back to a 1-2-3 family. The carriage house, much as it appeared over 150 years ago, offers a blank canvas. Almost too good for vehicles, let your mind wonder and imagine the residence this could become. Note - the property is likely eligible for historic tax credits to help with reimagination and rehabilitation. With an address and location that are second to none and walkability to the Western Prom, Waynflete (one of the most prestigious private K-12 schools anywhere) and much, much more this is an opportunity not to be missed. ONLY SHOWINGS: Friday 6/2 and Monday 6/5 from 12-2. Open to agents and buyers with no appointment needed.

Listed by Benchmark Real Estate

MLS Number 1557355

• MultiFamily
• Bathroom 6
• Square Feet 4,973
• Acreage 0.17

*OPEN SHOWING Monday 6/5 11:30-12:30pm*. Downtown Biddeford 6 unit with excellent upside potential. Legally listed as a 7 unit with space for an additional unit, abundant parking for added income. Come see this investment opportunity.

Listed by Keller Williams Realty

MLS Number 1560713

• MultiFamily
• Bathroom 3
• Square Feet 2,753
• Acreage 0.2

Classic 2-unit New Englander at the end of a quiet cud-de-sac in downtown Saco. Unit 1 is on the first floor—it was the current owner's unit and is now vacant. If offers a large open concept kitchen and adjoining dining/multipurpose room; living room; two bedrooms; and a full bath with a laundry hookup and washer and dryer that convey with the property. Unit 2 is on levels two and three, and is not encumbered by a lease. This spacious apartment offers a fully-applianced kitchen; laundry room, and washer and dryer that convey with the property; full bath; living room; and two bedrooms on the second floor. Additional living space is found on the third floor, including the third bedroom; a bonus room; and a bathroom that is a ''work in progress''. An abundance of storage space on the second and third levels may either remain as such or provide room to expand. Plenty of off-street parking can be found on either of the two driveways, and beneath the carport at the rear of the building. Enjoy living within walking distance of downtown Saco and Biddeford, and enjoy all that these communities have to offer, including a vibrant brew pub and restaurant scene that rivals Portland; trail systems and museums; amusement parks; a classic drive-in movie theatre; State parks and beaches; and all that the Maine coast has to offer. A fabulous opportunity for owner/occupants and investors, alike. Note: current rent for Unit 2 is far below current fair market value. Showings begin at the Open House on Saturday, June 3, 10:30 am to 1:30 pm.

Listed by Gallant Real Estate