268 Highland Avenue, South Portland, Maine 04106

$1,125,000
3
BA
3,260
SqFt
List Price
$1,125,000
MLS#
1537553
Status
ACTIVE
Type
Multifamily
City
South Portland
County
Cumberland
Bathrooms
3
Living Area
3,260
Year Built
1925

Property Description

268 Highland Ave may be the rare investment opportunity you've been waiting for! The property consists of a stand-alone home and a large duplex on the same lot! There are three total units with separate utilities equaling 3280 square feet of living space. The current rents bring in $7150 a month in rental income. This opportunity is perfect for an investor buyer looking for good numbers, an owner-occupied buyer looking to live in the home and have the other units help pay the mortgage or a buyer looking to co-live with friends or family in a cool location! The home was completely remodeled in 2016 with simplicity and efficiency in mind. The single family is currently month to month and offers 1 level living, a separate driveway / parking, fenced back yard and a contemporary feel! This unit feels and lives like a single-family home with tons of privacy, natural light and space for pets/play/gardening or entertaining. The duplex offers large units, high ceilings, period details, separate entrances, private porches, hardwood flooring throughout, ample parking and room for rental increases in the future. The .54-acre lot directly abuts Hinckley Park giving the owner/tenants access to Hiking, trail running, dog walking, biking, freshwater fishing, ice skating in the winter plus the community gardens. The trail system connects to all South Portland Land trust trails and into the Portland trail system. The general location allows for sidewalk access to restaurants, Parks, Willard beach or downtown Portland.

Additional Information

Exterior
Other Exterior, Vinyl Siding
Living Area
3,260
Heat Fuel
Electric, Gas Natural
Roads
Paved, Public
Site
Level, Open, Sidewalks, Well Landscaped
Tax Year
2021
Gas
Natural - On Site
Parking
5 - 10 Spaces, On Site
Recreational Water
Nearby
View
Trees/Woods
Garage
No Vehicle Storage
Electric
Circuit Breakers
Location
Abuts Conservation, Intown, Near Public Beach, Near Shopping, Near Town, Near Turnpike/Interstate, Neighborhood
Water
Public
Basement
Crawl Space, Full, Unfinished
Full Tax Amount
8326
Heat System
Baseboard, Heat Pump, Hot Water, Steam
Cooling
A/C Units, Heat Pump
Year Built
1925
Floors
Wood
Acres
0.54
Units
3
Roof
Shingle
Driveway
Gravel, Paved
Construction
Wood Frame
Transportation
Major Road Access, Near Airport, Public Transport Access
Amenities
1st Floor Bedroom, Animal Containment System, Deck, Laundry - 1st Floor, One-Floor Living, Porch
Style
Contemporary, Duplex, Multi-Level, Ranch
Courtesy Of Listing Office
Cottage & Co Real Estate

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cottage & Co Real Estate.

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

This information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be intrested in purchasing.

Privacy Policy

Your privacy on the Internet is important to us. This Privacy Statement is to inform you that we will not provide your personal information to any third parties except as required by law or expressly authorized by you. We do not sell, trade, barter, or share information obtained from use of this site with any other businesses or people. All information gathered from a visitor to this web site is used solely by this office and/or its affiliated licensee(s). For additional information, please contact this office.