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671-675 Forest Avenue, Portland, ME, 04103 | $1,499,000
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.
Features
- Baths: 5 full
- Units: 5
- Style: Multi-Level
- Year Built: 1910
- Heating: Hot Water, Baseboard
- Cooling: None
- Basement: Full, Interior Entry, Walk-Out Access, Unfinished
- Approx Sq. Feet: 7,446
- Acreage: 0.12
- Est. Taxes: $16,448
- Lot Desc: Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Public Transit
- MLS#: 1581920
- Website: https://www.raveis.com
/prop/1581920/671675forestavenue_portland_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of Maine Real Estate Co
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