Property profile

526 Washington Avenue Ext Portland, ME 04103

FOR SALE
Duplexes
Property ID
US42-Q005683
1,866 SF Built 1935
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Property summary

AI-generated overview

Positioned on Portland's rapidly evolving Washington Avenue corridor, this mixed-use property offers a rare opportunity to own a 2-unit residential building with additional commercial space and valuable off-street parking just a stone's throw from the Roux Institute campus. Investors and owner-occupants alike will appreciate the flexibility of the layout, the strong visibility and accessibility of the location, and the long-term upside. With close proximity to downtown, Back Cove, restaurants, breweries, and I-295, this property is ideally situated to benefit from the continued growth and energy surrounding the East Deering and Bayside neighborhoods. Can be purchased as a package with the neighboring building, 522 Washington Ave. Near Turnpike/Interstate Near Town

Property profile

Verified
Property type Duplexes
Year built 1935
Total area 1,866 SF
UPID US42-Q005683

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

526 Washington Avenue Ext Portland, ME 04103
Portland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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