Perfect multi unit/condo development opportunity or perfect owner occupied restoration and future development opportunity in East Bayside. Here is a chance to develop on the peninsula and be a part of the action! 8-12 Winthrop is currently a single family home, and the adjacent lot at 8 Winthrop is vacant land. The price includes both parcels, and together allows 4 units per lot, with a maximum of 8 units or condominiums! With all the new and upcoming businesses including multiple coffee shops, breweries, restaurants, cafes, bakeries and grocery stores, here's your chance for a great investment! Easy walk to downtown Portland, Deering Oaks, Old Port, Eastern Promenade, Baxter Boulevard and the Portland Trail systems. Convenient access to Interstate 295.