1638 Forest AVE Active

Portland,ME 04103

$ 999000

- Bed

3 Baths

2533 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 2,533 sqft

Price per Sqft $394

MLS Listing ID 1641961

Style Victorian

Full Baths 3

Year Built 1920

Annual Tax Amount $7,491

Tax Year 2024

Lot Size 2.790 Acres

Property Description

A unique opportunity for investors or developers—this property includes a well-maintained two-family home plus an additional lot for a combined total of almost 2.8 acres. The current owner has already been in contact with the city, and there's potential to build multiple new homes (buyers encouraged to perform due diligence). The existing two-unit features classic charm with hardwood floors, high ceilings, original moldings, decks, and porches. Enjoy solid rental income or owner-occupy while exploring future development possibilities. A property with this much space and flexibility doesn't come around often!

Location

State ME

County Cumberland

Zoning RN-1

Interior

Heating Baseboard

Cooling None

Flooring Wood

Exterior

Parking Features 11 - 20 Spaces,Paved,Off Street

View Y/N Yes

View Trees/Woods

Roof Type Shingle

Building

Lot Description Open,Level,Sidewalks,Wooded,Near Golf Course,Near Turnpike/Interstate,Near Town,Near Public Transit

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Schools

School District Portland Public Schools

View More
Favorite Go Tour