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176-178 Massachusetts Avenue

$655,000
176-178 Massachusetts Avenue, Portland, ME 04102
176-178 Massachusetts Avenue

176-178 Massachusetts Avenue

$655,000

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.
Heather Shields
Heather Shields Contact

Features & Amenities

Interior

Total Bathrooms 2
Full Bathrooms 2
Laundry Room Washer Hookup
Flooring Wood, Tile, Laminate, Carpet
Other Interior Features 1 st Floor Bedroom, Bathtub, One-Floor Living, Other, Pantry, Storage

Exterior

Stories 3
Garage Space 2.0
Water Source Public
ROOF Shingle
Lot Features Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Parking 1 - 4 Spaces, Paved, Common, Detached, Off Street, Storage
Heat type Steam, Hot Water, Direct Vent Heater
Air Conditioning None
Sewer Public Sewer

Area & Lot

Status Sold
LIVING SPACE 1,690 Sq.Ft.
LOT SIZE 4,791.6 Sq.Ft.
MLS® ID 1599927
Type Multi-Family
Year Built 1921
Neighborhood Portland
Architecture Styles New Englander

Financial

SALES PRICE $655,000
REAL ESTATE TAXES $6,634/yr
Zoning R5
Portland

Portland

Small-town feel with unique neighborhoods and larger city appeal.

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Work With Us

Whether your real estate aspirations are set on a luxury estate or a charming starter home, you can expect the same level of dedication and local expertise from me.

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