Real Estate Listings

Portfolio of two income properties totaling 19 apartments in Portland's Parkside neighborhood. 237 High St has 11 units with a mix of one, two and three bedroom units. 241 High St has 8 units with a mix of studios and one bedroom units. The current owner focused on the big stuff as is evident in a new boiler, newer roof, spray foamed basements, and a newer hot water system. Preference is to sell the properties together but they can be split.

Turn key 16 unit mixed use building located in the heart of Biddeford which is one of Maine's fastest growing cities! This building offers (7) - 1 bedrooms, (7) - 2 Bedrooms, (1) -3 bedroom + (1) leased commercial garage space & office + 9 +/- parking spaces. All units have been updated including new flooring, granite, paint, bathrooms, + Wi-Fi camera/surveillance & fire suppression system! Please don't miss the opportunity to own an easy to manage building close to everything!

Excellent Condition 2-Building apartment complex with ample parking on the edge of Portland's West End. 531 Cumberland is a 5-unit building comprised of a large first-floor 3 bedroom unit and four 1-bedroom units on the upper levels. 535 Cumberland is a 7-unit building with seven 1-bedroom units., storage lockers and laundry room. Large parking lot with 16 spaces. Rarely does a property come on the market this well maintained. Current owner has replaced roofs, boilers and windows, as well as remodeled most apartments and hallways. Units…

Stately brick 12-unit in the Parkside neighborhood, a rare offering in the tight Portland multi-family market. Meticulously cared for by the same owner for the last 20 years, with generously tenant-friendly rents there is clear potential to bring these two bedroom units up to market rate. Three units are being left vacant for new owner to make their own value-add improvements.

Side by side 6-unit buildings with parking for 9 cars. NOI $88,000/yr. Very clean and well maintained. All smoke/C02 detectors replaced. Cleanest basements in Portland. Shared coin-op laundry room in 21 Grant basement.

12-units on a huge lot close to Portland's downtown, Back Cove, and the future Roux Institute campus. These side-by-side 6-unit buildings enjoy a large yard and parking lot for 16 +/- cars. Even with increased borrowing rates, the existing cash flow from this income property is excellent. Plus, there will be future opportunities to increase rents on turnovers as several of the current tenants are subsidized (no base rents). Both buildings are in remarkably good shape, one having had a fire some years ago was essentially rebuilt from the…

Downtown 11-unit features attractive, easy to own units. Newer heating system, laundry room, and two lanes of paved parking for tenants or a manager. Conveniently located to Maine Medical Center, Hadlock Field, restaurants and coffee shops.

Great downtown location close to Deering Oaks Park and the Arts District for this Parkside 12 unit. Well cared for by the same owner over the last 27 years. Very stable tenant/rental history. Cute units in super walkable location that appeals to tenants. Owner has made consistent improvements to units overtime. Easy management with 10 one bedrooms and 2 studio units. 11 units are occupied and 1 vacant. Expenses have been kept low by smart upgrades over time. No need to worry about landscaping and snow removal with this one either.

Great location, building and tenants. Solid 12 unit in the Western Prom area. Gross income of $105,900 with some rents below market and operating expenses of $41,694. Building currently is heated by natural gas but is set up for an oil burner depending on local prices. All one bedroom units with stable tenants and security deposits #40 West has 6 units on three floors; #42 West has 6 units on three floors all in very good condition. Recent update electrical and a well maintained building.

10 units with a large parking lot in a downtown-accessible location. The units are in two sister buildings with 5 apartments in each. These properties reflect the best of good, solid, old-fashioned residential Portland construction. The decks are in excellent condition, the heating systems are newer, and the electrical has been updated. Come walk through to see the existing quality and the value-add potential of this investment opportunity.

Two 6 unit buildings. 20 Parking spaces. On bus line. Updated and well maintained. Two and three bedroom units.

Gorgeous brick 11 unit apartment building in Portland's Parkside neighborhood. Newer boiler, fire alarm system, offering (4) 1 Bedrooms, (4) 2 Bedrooms and (3) 3 bedrooms. The units are very spacious w/ under-market rents and in great condition. 6.17% Cap rate

Off market sale. Submitted for comparison purposes.

Handsome brick 11-unit on tree-lined Grant Street in the Parkside neighborhood. Many of the units have been updated, though there is still some value-add opportunity for the next investor to make improvements and/or highlight the historic character of the building. If you're looking to add a big, straight building with personality and unlimited potential to your portfolio, you've found it.

Congress Street 10-unit investment property - good stable cash flow in an easy to own building. Two lanes of parking and a mix of renovated units, and some longer term tenants. Located near Maine Med and Hadlock field, and walkable to multiple restaurants and coffee shops.

Downtown 10 unit investment opportunity. Cap rate 8%. Desirable in-town location - Walk score = 97. One block from the Press Hotel, Grace restaurant and the top of Exchange Street. Very clean, coin-op laundry facility with separate entrance.

A Rare 9-Unit on Portland's Peninsula. West End neighborhood close to Downtown & Arts district. Six 1-Bedroom & Three 2-Bedroom units. New Roof & New boiler. Current rents below market & plenty of upside potential. If you are looking for an investment - this could be a fantastic addition to your portfolio! Group Showings Only: Wednesday 11/15, Thursday 11/16 & Friday 11/17. Noon - 1pm.

Incredible Munjoy Hill 5 unit has a lot to offer! 1 NEW house + 2 NEW condo-quality 3rd/4th floor townhouses + 2 large, classic apartments (1st/2nd floor). The stand-alone house was newly constructed in 2015 with a smart, efficient layout, garage, laundry and a deck off the second floor living area. The 4-unit building has two lower units that are classic single-level 3 BR apartments with a ton of charm and potential. Townhouse 1 & Townhouse 2 are newly created 2 bed/2.5bath two-story townhouses designed for maximum south facing light…

When it comes to investments this one has it all. Great location, close to Willard Beach, Fort Williams and Southern Maine Community College. Great condition with upgrades to include newer roof, electrical upgrades, new fencing, LED lighting in the hallways, new central fire alarm system, remote thermostat control, camera system, newer porch, repaved driveway. Off street parking in the winter. Long term tenants, onsite washer and dryer, easy maintenance aluminum siding. The numbers even look good with below market rents. GROUP SHOWING…

Investment opportunity in Portland's ever-evolving Parkside Neighborhood. 75 Sherman Street has nine apartments with good layouts and tremendous potential for upside. Located within walking distance to all the best bars, bakeries, and restaurants Portland has to offer, these simple, straightforward units and solid bones make this incoming producing equity builder a great first (or next!) investment.

Perfect Urban setting for this Historic 4-Unit West End-downtown property. Steps from the Arts District, restaurants and all that the Portland Peninsula has to offer. This well-maintained property is a hidden gem. Lovingly cared for by its current owners. Period detail everywhere -- medallions, fireplaces, beautiful molding detail. Enjoy the City panorama on the Carriage House roof-deck. Tandem parking allows for up to 5 cars. All kitchens & bathrooms have been updated and systems have been well attended. Each unit is unique, spacious…