54 E Kidder Street, Portland, ME 04103 (MLS# 1658117)

Description

This well-maintained three-unit property offers a rare investment opportunity in Portland's desirable, walkable East Deering neighborhood. It includes two spacious 3-bedroom units and one 2-bedroom unit, with strong rental income. Located near Payson Park, Back Cove, and the Roux Institute, the property benefits from high demand. A standout feature is the large private backyard--an uncommon perk for multi-family living. The property also includes a buildable lot, offering potential for expansion or added income. With a solid rental history and low maintenance, it's a turnkey option for investors or owner-occupants. Opportunities like this are rare--don't miss out.

Supplements: ********

Open Houses

Saturday, April 25, 11:00 am - 1:00 pm

Sunday, April 26, 11:00 am - 1:00 pm

Location Information

Street #: 54 Pre Direction: E Street Name: Kidder Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04103 Zip +4: 5014 Leased Land: No Book: 37009 Page: 90 Map: 163 Block: A-F Lot: 12 Zoning: R-5 Zoning Overlay: No Association: No School District: Portland Public Schools Full Tax Amount $: 8647 Tax Year: 2024 Tree Growth Y/N: No

Contract Information

Status: Active Original List Price: 879000 List Price: $879,000 Current Price: $879,000

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown 2 Detached Houses on 1 Lot: No Number of Units: 3 Total Baths: 4 Total Full Baths: 3 Total Half Baths: 1 Color: Grey Year Built: 1901 SqFt Finished Above Grade: 2960 SqFt Finished Total: 2960 SqFt Source: Public Records Garage: No Lot Size Acres +/-: 0.11 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 50 Source of Road Frontage: Public Records

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 2 # Water Heaters: 3

Units

# of 2 BD Units: 1 # of 3 BD Units: 2

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 2700 # Full Baths: 1 # of Half Baths: 1 # of Rooms: 3 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 2400 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Property Features

Site: Level; Sidewalks; Wooded Location: Near Golf Course; Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood; Suburban Roads: Paved; Public Transportation: Major Road Access; Public Transport Access View: Trees/Woods Property Condition: New Construction Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Brick/Mortar; Bulkhead; Full; Unfinished Basement Entry: Doghouse; Interior Foundation Materials: Brick/Mortar; Stone Exterior: Clapboard; Vinyl Siding Roof: Fiberglass; Pitched; Shingle Heat System: Baseboard; Forced Air; Hot Water; Radiator; Zoned Heat Fuel: Gas Natural Water Heater: Gas; Tank Cooling: None Floors: Carpet; Laminate; Wood Amenities: 1st Floor Bedroom; Laundry - Hookup Patio and Porch Features: Porch Equipment: Cable Driveway: Paved Parking: 1 - 4 Spaces; On Site; Paved Vehicle Storage: No Vehicle Storage Restrictions: No Restrictions Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public