139 Skillings Street South Portland, ME 04106
MULTI_FAMILY - Colonial - South Portland, ME
- Added:
- Jul 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 11 at 12:06 pm
Property Features for 139 Skillings Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Basement
- Interior features
- 1st Floor Bedroom, Attic, Bathtub, Shower
- Fencing
- Fenced
- Basement
- Unfinished, Sump Pump, Walk-Out Access
- Appliances
- ENERGY STAR Qualified Appliances
- Standard status
- Active
- Size
- 2,447 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6450
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Propane (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1880
- Number of units
- 2
- Flooring type
- Vinyl, Wood
- Building materials
- Wood Frame, Aluminum Siding
- Roof type
- Shingle
- Architectural style
- Colonial
Listing agent Daniel Demers License #10491205270 (888) 219-3009
Listing office Sell Your Home Services 21 Ninth Street, East Providence, ME (888) 219-3009
Listing date Jul 10, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The second-floor apartment includes two bedrooms, one bath, an eat-in kitchen with granite countertops, ceramic tile flooring, fresh paint, and hardwood floors. Direct stairway access leads to the backyard. The property also includes off-street parking for four to six vehicles, a storage shed, a dry concrete basement with washer/dryer hookups, and a spacious stand-up attic for storage.
For comfort and efficiency, the duplex is set up with two completely separate heating and domestic hot water systems, each with independent thermostat control. The property can be heated by either a two-year-old Viessmann high-efficiency wall-mounted boiler or a European-designed wood pellet boiler with a 7,000-pound pellet hopper, according to the provided remarks. The home sits on a nearly one-half-acre lot in South Portland and is described as being minutes from I-295, downtown Portland, area beaches, the Greenbelt Trail, shopping, restaurants, schools, and public transportation.
Key Highlights
- Updated duplex built in 1880 with Colonial style on a nearly one‑half‑acre lot
- Fully fenced backyard with private rear deck and direct stairway access from the second‑floor apartment
- Two separate heating and domestic hot water systems with independent thermostat control for each apartment
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.1k | $27.00 |
| − Vacancy | −$4.3k | −$1.76 |
| EGI | $61.8k | $25.25 |
| − OpEx | −$18.5k | −$7.57 |
| NOI | $43.2k | $17.67 |
