This charming two-family home is a fantastic opportunity for both homeowners and investors. Each unit has its own utilities, ensuring easy management and billing. The property offers flexible living arrangements, ideal for owner-occupants who want to live in one unit and rent out the other. It boasts a strong short-term Airbnb rental history with impressive returns, as well as an excellent long-term rental history - a great way to offset mortgage costs. The first floor features a cozy 1-bedroom unit, perfect for rental income or comfortable living. On the upper floors you will find a cheerful owner's unit featuring two levels of living space, two bedrooms (with potential for a third), an updated bathroom and kitchen, and a delightful sun porch. The house is filled with natural light and timeless period charm. The property boasts a charming backyard with a patio, ideal for outdoor enjoyment and privacy. It is situated in a highly desirable neighborhood, offering convenient access to the University of Southern Maine and Maine Law's campuses, as well as Portland's shops and restaurants. Additionally, it is just minutes from Doherty Field and the popular outdoor Kiwanis Pool. This exceptional two-family property offers the perfect blend of comfort, convenience, and investment potential. Rental history and expenses are available upon request for potential rental income. It's a rare find in a desirable area, making it a must-see for anyone looking to invest in real estate or find a new place to call home. Open House: Sunday, 8/11 11am-1pm.
Closed
$655,000
176-178 Massachusetts Avenue, Portland, ME 04102
3beds
1,690sqft
Multi Family
Built in 1921
-- sqft lot
$669,100 Zestimate®
$388/sqft
$3,176 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 17, 2024 at 11:47am
Listed by:
Legacy Properties Sotheby's International Realty
Bought with:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1599927

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Steam, Hot Water, Direct Vent Heater
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- 1st Floor Bedroom, Bathtub, One-Floor Living, Other, Pantry, Storage
- Flooring: Wood, Tile, Laminate, Carpet
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,690
- Total interior livable area: 1,690 sqft
- Finished area above ground: 1,690
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 1 - 4 Spaces, Paved, Common, Detached, Off Street, Storage
- Garage spaces: 2
Features
- Stories: 3
- Patio & porch: Porch, Screened
Lot
- Size: 4,791 sqft
- Features: Level, Open Lot, Sidewalks, City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Details
- Additional structures: Outbuilding, Shed(s)
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Roof: Shingle
Condition
- Year built: 1921
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
- Subdivision: Rosemont
Other
Other facts
- Road surface type: Paved