Current Price:$2,250,000List Date:7/13/2026Last 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.
Status: ActiveOriginal List Price: 2250000List Price: $2,250,000Current Price: $2,250,000
Property Information
Surveyed: NoSeasonal: NoOwner Occupied: NoDeed/Conveyance Type Offered: WarrantyDeed: AllNumber of Units: 4Total Baths: 5Total Full Baths: 4Total Half Baths: 1Year Built: 1905SqFt Finished Above Grade: 4438SqFt Finished Total: 4438SqFt Source: Public RecordsGarage: NoLot Size Acres +/-: 0.04Source of Acreage: Public Records
Water Info
Water Frontage: NoWater View: YesWater 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: YesLevel: FirstSecurity Deposit: YesMonthly Rent: 2500# Full Baths: 1# of Rooms: 5# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 2
Lease: YesLevel: FirstSecurity Deposit: YesMonthly Rent: 2200# Full Baths: 1# of Rooms: 4# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 3
Lease: YesLevel: SecondSecurity Deposit: NoMonthly Rent: 5000# Full Baths: 2# of Rooms: 6# of Bedrooms: 3Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 4
Lease: NoLevel: BasementSecurity Deposit: No# Half Baths: 1# of Rooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: YesRange: YesRefrigerator: YesWater: Yes
Utilities
Utilities On: Yes
Property Features
Site: Level; SidewalksLocation: Intown; Near Public Beach; Near Shopping; Near Turnpike/Interstate; NeighborhoodRoads: PublicTransportation: Deep Water Access; Major Road Access; Near Airport; Public Transport AccessWater Body Type: Bay; Cove; Harbor; Ocean; RiverRecreational Water: Nearby; PublicStyle: OtherLevels: Multi-LevelConstruction: Wood FrameBasement: Walk-Out AccessBasement Entry: Exterior OnlyFoundation Materials: Brick/MortarExterior: Vinyl SidingRoof: ShingleHeat System: Baseboard; Heat Pump; Hot WaterHeat Fuel: OilWater Heater: Off Heating SystemCooling: Heat Pump; Window Unit(s)Floors: Carpet; Hardwood; LaminateDriveway: No DrivewayParking: No Parking; Off StreetVehicle Storage: No Vehicle StorageElectric: Circuit BreakersGas: UnknownSewer: Public SewerWater: Public