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605 Washington Avenue, Portland, ME, 04103

8beds
2baths
2,612sqft
$625,000
$239price/sqft
$4,423/moest. monthly cost
$176,920/yrincome needed

About This Home

Check out this amazing investment opportunity on Portland's Washington Ave offering two spacious 4-bedroom/1-bath units. Each 1,000+ square foot apartment contains large bedrooms, flexible living/dining layouts, and classic period details ready for your finishing touch. A full walk-up attic, served by two existing staircases, presents excellent potential for an additional unit or expanded living space (buyer to verify with the City of Portland). The full basement is perfect for storage and utilities and has blown insulation, two newer natural gas wall hung boilers, and washer/dryer hookups. The garage is in fair condition and currently provides convenient extra storage for tenants or the property owner. Lots of off street parking can be found outside on the nearly completely fenced in lot. This in-town location close to restaurants, coffee, transit, and parks makes for a strong addition to any investors portfolio or a great setup for enjoyable owner occupancy. Tenants will appreciate a convenient bus stop outside of the Washington Avenue entrance. Solid bones, big bedrooms, and an uncommon upside with the attic space. Bring your vision and add value in one of Portland's most convenient corridors.

Getting Around

59
WalkingSomewhat Walkable
35
TransitSome Transit
69
BikeBikeable

Schools

5/10
Presumpscot SchoolGrades PK-50.2 mi
4/10
4/10
Portland High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1905

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Wood Frame,Aluminum Siding,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: New Englander
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Full,Unfinished,Brick/Mortar

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bathtub,Shower
  • Flooring: Carpet,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 2,612

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 2,612
  • Total interior livable area: 2,612 sqft

Property

Details

  • Parcel number: PTLDM428BL001001
  • Zoning: RN3

Features

  • Patio & porch: Deck,Porch

Lot

  • Lot size: 6,969 sqft
  • Features: Near Turnpike/Interstate,Near Town,Corner Lot,Level,Sidewalks

Parking

  • Total spaces: 2
  • Parking features: Gravel,5 - 10 Spaces,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2