69 Newbury Street, Portland, ME 04101

New Listing
$2,250,000
Property Type: Multi-Family Baths: 5 Square Footage: 4,438 Lot Size (sq. ft.): 1,742 Status: Active
Current Price: $2,250,000 List Date: 7/13/2026 Last Modified: 7/13/2026

Description

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.

Supplements: ********

More Information MLS# 1671572

Location Information

Street #: 69 Street Name: Newbury Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 4254 Leased Land: No Book: 40268 Page: 122-123 Map: 20 Lot: 5 Zoning: IS-FBC Zoning Overlay: Unknown Association: No Full Tax Amount $: 9946 Tax Year: 2024 Tree Growth Y/N: No Geo Lat: 43.662338 Geo Lon: -70.248359

Contract Information

Status: Active Original List Price: 2250000 List Price: $2,250,000 Current Price: $2,250,000

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed: All Number of Units: 4 Total Baths: 5 Total Full Baths: 4 Total Half Baths: 1 Year Built: 1905 SqFt Finished Above Grade: 4438 SqFt Finished Total: 4438 SqFt Source: Public Records Garage: No Lot Size Acres +/-: 0.04 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: Yes Water Body Name: Portland Harbor

Building Info

# Floors: 3

Units

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

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 2500 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 2200 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Second Security Deposit: No Monthly Rent: 5000 # Full Baths: 2 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 4

Lease: No Level: Basement Security Deposit: No # Half Baths: 1 # of Rooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Water: Yes

Utilities

Utilities On: Yes

Property Features

Site: Level; Sidewalks Location: Intown; Near Public Beach; Near Shopping; Near Turnpike/Interstate; Neighborhood Roads: Public Transportation: Deep Water Access; Major Road Access; Near Airport; Public Transport Access Water Body Type: Bay; Cove; Harbor; Ocean; River Recreational Water: Nearby; Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Walk-Out Access Basement Entry: Exterior Only Foundation Materials: Brick/Mortar Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Heat Pump; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: Heat Pump; Window Unit(s) Floors: Carpet; Hardwood; Laminate Driveway: No Driveway Parking: No Parking; Off Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Unknown Sewer: Public Sewer Water: Public
Listing Office: Harborview Properties, Inc.
Last Updated: July - 13 - 2026
69 Newbury Street, Portland, ME 04101- MLS# 1671572
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