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.
Listing courtesy of Cottage & Co Real Estate.
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