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Listed by EXP Realty
$ 775,000
Active
69 Stanford ST South Portland, ME 04106
3 Baths
2,650 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 2,650 sqft
MLS Listing ID 1623761
Style Colonial
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,650
Year Built 1900
Annual Tax Amount $7,598
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Source Maine Listings
Land Area 2650
Property Description
69 Stanford Street in South Portland is a smart, flexible investment in one of Southern Maine's most sought-after rental locations. This well-maintained three-unit property offers strong income potential with separate electric, heat, and hot water utilities for each unit—keeping operating costs low and returns strong. Units 1 and 2 are refreshed and move-in ready, giving owner-occupants the option to live in one unit while collecting rent from the others or allowing investors to place quality tenants on their own terms. Each of these units is estimated to earn between $2,400 and $2,700 per month, offering immediate upside. Unit 3 is currently occupied, providing dependable rental income from day one. The property includes both off-street and on-street parking and features a coin-operated washer and dryer for added revenue. Its location is unbeatable—just minutes to downtown Portland, Willard Beach, and South Portland's favorite restaurants, coffee shops, and local spots. Whether you're building your portfolio or looking for a home that helps pay the bills, this property offers a rare mix of cash flow, long-term value, and lifestyle convenience. With strong tenant appeal and flexible occupancy options, 69 Stanford Street stands out as a versatile and high-performing asset in a market known for stability and growth.
Location
State ME
County Cumberland
Zoning FV
Rooms
Basement Interior, Full, Unfinished
Interior
Heating Direct Vent Heater
Cooling None
Flooring Wood, Vinyl, Carpet
Exterior
Parking Features 5 - 10 Spaces, Gravel
Utilities Available 1
View Y/N No
Roof Type Shingle
Street Surface Paved
Garage No
Garage No
Building
Lot Description Level, Near Town
Sewer Public Sewer
Water Public
Architectural Style Colonial
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Gas Natural
