Multi-Family for Sale: 1295 Broadway, South Portland, ME 04106

2 full baths
$549,000
$549,000
1295 Broadway, South Portland, ME 04106
2 full baths
$549,000
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Price:
$549,000
$16,000 - 11/13/2024

Type Multi-Family
Style New Englander
Total Baths 2 full baths
Square Feet 1,670 sqft
Lot Size 0.21 acres
Year Built 1900
Taxes Paid $4,547

City South Portland
County Cumberland
School District South Portland Public Schools

MLS 1608405
Status Active Under Contract
DOM 22 days
Discover this well-maintained multi-unit building featuring two spacious units, perfectly situated in the heart of South Portland. With its fantastic location, you'll have easy access to all the amenities that the Greater Portland area has to offer. This property is an ideal choice for investors or those looking to occupy one unit while generating rental income from the other. Both units boast separate heating and electric systems, ensuring tenant comfort and efficiency. Both units have the potential to operate with space for 2 bedrooms. The building has a proven rental history, providing peace of mind for your investment. Retaining much of its original charm, the property showcases beautiful details such as stained glass windows and original woodwork, making it a delightful place to call home. Enjoy the private outdoor space, including a lovely deck that accompanies the second-floor unit—perfect for relaxing or entertaining. Plus, off street parking available for residents. With public water and sewer, this property is not only convenient but also a smart investment in a highly desirable location. Don't miss out on this opportunity—schedule a showing today!

Room Features

Basement Description Bulkhead, Unfinished, Interior Entry, Full, Exterior Entry

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $4,547

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 4
Unit 2 Full Baths 1
Unit 2 of Bedrooms 1
Unit 2 of Rooms 4

Price History of 1295 Broadway, South Portland, ME

Date Name Price Difference
11/13/2024 Price Adjustment $549,000 2.83%
11/06/2024 Price Adjustment $565,000 5.04%
11/01/2024 Listing Price $595,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$550,000
$327 / sqft
Average
$617,083
$371 / sqft
High
$662,500
$412 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing South Portland 04106 0 2.0 $549,000 1,670 $329 N/A
45 Chapel Street South Portland 04106 0 2.0 $662,500 1,608 $412 01/30/2024
52 Ashmont Street Portland 04103 0 2.0 $620,000 1,532 $405 04/15/2024
883 Broadway South Portland 04106 0 2.0 $600,000 1,740 $345 06/05/2024
196 Frances Street Portland 04102 0 2.0 $615,000 1,721 $357 09/18/2024
125 High Street South Portland 04106 0 2.0 $550,000 1,684 $327 11/04/2024
176-178 Massachusetts Avenue Portland 04102 0 2.0 $655,000 1,690 $388 09/16/2024

Map of 1295 Broadway, South Portland, ME

Location Map Street View
Photo of Kevin Garrabrant
Direct: 603-333-3353
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by CENTURY 21 Advantage, Brendan Johnson 207-782-2121
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0.82823315118397%
6.75%
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1295 Broadway (MLS #1608405) is a new englander multi-family listing located in South Portland, ME. This multi-family listing is 1,670 sqft and on a lot of 9,148 sqft (or 0.21 acres) and is 124 years old. This property was listed on 11/01/2024 and has been priced for sale at $549,000.

The multi-family listing at 883 Broadway in South Portland is nearby and sold for $600,000 on 06/05/2024. Another nearby multi-family listing, 45 Chapel Street in South Portland sold for $662,500 on 01/30/2024.

Nearby zip codes are 04101, 04102, 04103, 04107 and 04108. This property neighbors other cities such as Cape Elizabeth, Falmouth, Portland, Scarborough and Westbrook.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: CENTURY 21 Advantage

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.