Current Price:$417,500List Date:12/04/2025Last Modified:2/08/2026
Description
Don't settle for a postage stamp yard or a home without immediate equity. PRICED BELOW APPRAISAL VALUE. 1-yr home warranty. Rare opportunity to own in the sought-after Stroudwater area with immediate equity & future investment potential. Could be a lucrative air bnb. Zoned for up to 4 units. Move-in ready, Solid bungalow with Good Bones.
Great location. Largest lot at this price point in Portland. Set in the highly desirable area of Stroudwater, this thoughtfully renovated, move-in ready, single family home has a beautiful backyard with a large bellowing willow tree and trails on the abutting land behind the house. The land is buildable behind the willow tree.
The new zoning offers investors an income stream opportunity allowing the option of building an additional structure on the back of the lot, up to 4 units total. This cute bungalow can easily be converted into a 2-unit by adding a kitchen upstairs.
High end finishes include granite countertops, all new stainless steel kitchen appliances, LVP and hardwood flooring plus a new half bath. Architectural shingles on the main roof with life expectancy of up to 35 yrs. Nest 2-zone thermostat.
This bungalow has a ton of character with built-ins, hardwood and wide wood flooring. Bright and clean, the layout is unique. The kitchen, dining room, half bath/laundry room and 1 porch bedroom is in the finished daylight basement, and 2 bedrooms, a living room, a den and a full bathroom on the upper level (on the 1st floor).
With the Stroudwater Trail and River nearby you can hike, bike, or set off on a canoe or kayak adventure, all while living right in Portland! Would make a great air BnB.
Perfect for someone looking for a smaller footprint to maintain, without sacrificing a beautiful yard and recreational trails. Or an investment minded individual. Plus, easy I95 access. Motivated seller. Priced to sell. Offer Deadline: Sunday Feb 8, 3pm
Status: PendingOriginal List Price: 435000List Price: $417,500Current Price: $417,500
Property Information
Surveyed: NoSeasonal: NoDeed/Conveyance Type Offered: WarrantyDeed: All2 Detached Houses on 1 Lot: NoNumber of Units: 1Total Baths: 2Total Full Baths: 1Total Half Baths: 1Year Built: 1900SqFt Finished Above Grade: 665SqFt Finished Below Grade: 649SqFt Finished Total: 1314SqFt Source: OtherOther Source of Square Footage: Finished daylight basement sf measuredFurniture: UnfurnishedGarage: NoLot Size Acres +/-: 0.45Source of Acreage: Public Records
Status Change Info
Pending Date: 2026-02-08
Water Info
Water Frontage: NoWater View: No
Building Info
# Floors: 2
Units
# of 3 BD Units: 1
Fixtures Exclusions
Fixtures Exclusions: Can have up to 4 units on property
Unit 1
Lease: NoLevel: FirstSecurity Deposit: No# Full Baths: 1# of Half Baths: 1# of Rooms: 7# of Bedrooms: 3Dedicated Electric Meter: NoDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: NoRange: NoRefrigerator: NoSewer: NoWater: No
Property Features
Site: Open; Well LandscapedLocation: Near Shopping; Near Town; Near Turnpike/InterstateRoads: PublicStyle: Bungalow; Split LevelLevels: Multi-LevelConstruction: Wood FrameOther Structures: Shed(s)Basement: Finished; Walk-Out AccessBasement Entry: InteriorExterior: Clapboard; Vinyl SidingRoof: Other; Rolled/Hot Mop; ShingleHeat System: Baseboard; Hot WaterHeat Fuel: Gas NaturalWater Heater: Gas; Off Heating SystemCooling: NoneFloors: Hardwood; Luxury Vinyl; WoodAmenities: 1st Floor Bedroom; Laundry - 1st FloorDriveway: PavedParking: 1 - 4 SpacesVehicle Storage: No Vehicle StorageRestrictions: No RestrictionsElectric: Circuit BreakersGas: Natural - On SiteSewer: Public SewerWater: Public