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  • $655,000

    176-178 Massachusetts Avenue, Portland, ME 04102

    3beds
    1,690sqft
    Multi Family
    Built in 1921
    -- sqft lot
    $690,700 Zestimate®
    $388/sqft
    $3,366 Estimated rent

    Home value

    $690,700

    $649,000 - $739,000

    $3,366/mo

    Zestimate® history
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    $3,366/mo

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    $3,304/mo

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    $3,304/mo

    Est. payment

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    What's special

    This charming two-family home is a fantastic opportunity for both homeowners and investors. Each unit has its own utilities, ensuring easy management and billing. The property offers flexible living arrangements, ideal for owner-occupants who want to live in one unit and rent out the other. It boasts a strong short-term Airbnb rental history with impressive returns, as well as an excellent long-term rental history - a great way to offset mortgage costs. The first floor features a cozy 1-bedroom unit, perfect for rental income or comfortable living. On the upper floors you will find a cheerful owner's unit featuring two levels of living space, two bedrooms (with potential for a third), an updated bathroom and kitchen, and a delightful sun porch. The house is filled with natural light and timeless period charm. The property boasts a charming backyard with a patio, ideal for outdoor enjoyment and privacy. It is situated in a highly desirable neighborhood, offering convenient access to the University of Southern Maine and Maine Law's campuses, as well as Portland's shops and restaurants. Additionally, it is just minutes from Doherty Field and the popular outdoor Kiwanis Pool. This exceptional two-family property offers the perfect blend of comfort, convenience, and investment potential. Rental history and expenses are available upon request for potential rental income. It's a rare find in a desirable area, making it a must-see for anyone looking to invest in real estate or find a new place to call home. Open House: Sunday, 8/11 11am-1pm.

    Zillow last checked:

    Listing updated:

    Listed by:

    Legacy Properties Sotheby's International Realty

    Bought with:

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1599927MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Direct Vent Heater, Hot Water, Steam
    Cooling
    • None
    Features
    • 1st Floor Bedroom, Bathtub, One-Floor Living, Pantry, Storage
    • Flooring: Carpet, Laminate, Tile, Wood
    • Basement: Interior Entry,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,690
    • Total interior livable area: 1,690 sqft
    • Finished area above ground: 1,690
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Common, Paved, 1 - 4 Spaces, Off Street, Detached, Storage
    • Garage spaces: 2
    Features
    • Stories: 3
    • Patio & porch: Porch
    Lot
    • Size: 4,791 Square Feet
    • Features: City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad, Level, Open Lot, Sidewalks
    Details
    • Additional structures: Outbuilding, Shed(s)
    • Zoning: R5
    • Other equipment: Cable, Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 1921

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Rosemont
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $388/sqft
    • Annual tax amount: $6,634
    • Date on market: 8/9/2024
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/16/2024Sold$655,000+0.9%$388/sqft
    Source: Maine Listings #1599927 Report a problem
    8/12/2024Pending sale$649,000$384/sqft
    Source: Maine Listings #1599927 Report a problem
    8/9/2024Listed for sale$649,000-5.9%$384/sqft
    Source: Maine Listings #1599927 Report a problem
    7/18/2024Listing removed--
    Source: Maine Listings #1589034 Report a problem
    6/10/2024Price change$689,900-0.7%$408/sqft
    Source: Maine Listings #1589034 Report a problem
    5/29/2024Price change$695,000-1.7%$411/sqft
    Source: Maine Listings #1589034 Report a problem
    5/16/2024Price change$707,000-1.1%$418/sqft
    Source: Maine Listings #1589034 Report a problem
    5/9/2024Listed for sale$715,000+110.3%$423/sqft
    Source: Maine Listings #1589034 Report a problem
    4/17/2017Sold$340,000$201/sqft
    Source: Maine Listings #1291819 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Libbytown

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $690,700
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    +$13,814
    With Zillow Showcase(estimated)
    $704,514