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777 Forest Avenue, Portland, ME, 04103

5beds
3baths
3,948sqft
$875,000
$222price/sqft
$5,935/moest. monthly cost
$237,400/yrincome needed

About This Home

Mixed-use property offering both residential and commercial income potential in a highly visible Forest Ave location. Property includes a ground-level retail space with established tenant and a spacious, renovated two-level 5-bedroom residential unit. The residential unit offers strong rental potential, making this an attractive opportunity for investors or owner-occupants. Off-street parking and flexible layout add to the property's appeal. The building is equipped with natural gas heating, updated hot water heater, and a commercial-grade fire alarm and sprinkler system. Ideal for those seeking rental income, a live/work setup, or long-term investment in a prime Portland location. Also listed as Commercial MLS #1655962

Getting Around

88
WalkingVery Walkable
37
TransitSome Transit
86
BikeVery Bikeable

Schools

7/10
Ocean AvenueGrades K-50.2 mi
4/10
2/10
Deering High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Poured Concrete
  • Roof: Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 3,948

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,948
  • Total interior livable area: 3,948 sqft

Property

Details

  • Zoning: B2

Features

  • Levels: Multi/Split

Lot

  • Lot size: 6,098 sqft
  • Features: Business District,Near Turnpike/Interstate,Sidewalks

Parking

  • Parking features: Paved,5 - 10 Spaces