671-675 Forest Ave, Portland, ME, 04103

$1,499,000

Home List Price

$10,000*

Closing Credit

5 Full Baths
7,446 SqFt
House

Location

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671-675 Forest Ave, Portland$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Parking1 - 4 Spaces, Paved, Common, Off Street
Year Built1910
HeatingHot Water, Baseboard
CoolingNone
BasementYes
MLS #1581920
Lot Size0.12 Acres
StatusActive

About 671-675 Forest Ave

2 retail & 5 residential units in a prime location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with two street-level retail units, perfect for businesses seeking prime visibility, and five residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms. The full unfinished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience. Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property.

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level
  • Year Built: 1910
  • Living Area: 7,446 SqFt

Listing Office:

  • Office Name: Maine Real Estate Co
  • Office Phone: (800) 971-8860

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Vinyl, Tile, Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 5

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: 1 - 4 Spaces, Paved, Common, Off Street

Lot Features

Lot Information:

  • Lot: Level, Open Lot, Sidewalk, Near Golf Course, Near Public Transit
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Baseboard
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
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MLS Details

MLS Information:

  • MLS Name: Maine Listings
  • MLS Number: #1581920

Listing Office:

  • Office Name: Maine Real Estate Co
  • Office Phone: (800) 971-8860

IDXDisclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$7,549

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3510755
1
/10

  • Howard C Reiche Community School

  • 166 Brackett St

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-3510756
1
/10

  • East End Community School

  • 195 North St

  • 1.23 miles

  • Public District Grades PK-5

school-card-donut-3510757
4
/10

  • Frank I Brown Elementary School

  • 37 Highland Ave

  • 1.56 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 671-675 Forest Ave

What is the listing price of this property?

The listing price of 671-675 Forest Ave property is $1,499,000.

What type of property is this?

The property 671-675 Forest Ave is a house located in Portland, Maine, 04103.

Is this property for sale now?

Active Listing: 671-675 Forest Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 671-675 Forest Ave has 5 bathrooms..

What is the square footage of this property?

The property 671-675 Forest Ave is 7,446 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 671-675 Forest Ave is 1910.

Rocket Homes›Maine›Cumberland County›Portland›04103›671-675 Forest Ave

This home is located at 671-675 Forest Ave in Portland, ME and zip code 04103 in the Downtown neighborhood. This 7,446 square foot home, which was built in 1910, sits on a 0.12 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since January 01, 1970 and is currently priced at $1,499,000.

From Rocket Homes Real Estate and based on county public records data.

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