214 Park Ave Portland, ME 04102
- Commercial real estate
- 2,256 SF
- 0.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 214 Park Ave
- Year built
- 1890
- Lot size
- 0.07 lot acres
- Property size
- 2,256 SF
- Property type
- Commercial real estate
Description
This exceptional three-unit apartment building, located at 214 Park Avenue in Portland, Maine's desirable Parkside neighborhood, presents a compelling investment opportunity. The property, built in 1890, boasts a total of 2,256 square feet situated on a 0.07-acre lot. Each of the three units offers an identical, modern two-bedroom layout, ensuring consistent rental appeal and simplified management. Recent updates enhance the property's value and attractiveness to tenants. The building features four off-street parking spaces, a highly desirable amenity in this vibrant area. The permitted zoning is R6. The heating system is fueled by natural gas (FHW). A recent inspection revealed no known sewer line issues and no observed moisture in the basement. The roof, a flat rubber and asphalt design, is estimated to be over 20 years old. This property offers a blend of classic charm and modern convenience, making it an ideal investment for both seasoned and aspiring real estate investors, or a comfortable owner-occupied residence with rental income potential. The asking price is $699,000. The property's address is 214 Park Ave, Portland, ME 04102.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.2757417
- Latitude
- 43.6557472
