Property Description

This circa 1900 New Englander two-unit offers classic charm and sits on a generous 12,000± sq ft lot in Portland's convenient Nason's Corner neighborhood. Ideally located close to everything, it is within walking distance to local schools, The Sinful Kitchen, Applebee's, a neighborhood corner store, and the Lowe's shopping center.Owned by the same family for decades, the property is being offered as-is and presents excellent potential. It is the perfect multi-generational home with room for a nanny or in-laws. With City approval, the existing addition might be converted into an ADU or two additional bedrooms for the first-floor unit, creating a four-bedroom apartment. Another possible use for the addition, also with City permission, is an in-home occupation such as a hair salon or office. The first-floor apartment features two bedrooms, an eat-in kitchen, a living room, and basement access. It is heated by oil, with the tenant responsible for oil and electricity. The second-floor apartment, which includes the third floor, offers two or three bedrooms, a living room, dining room, and kitchen, along with basement access. This unit is heated by a propane monitor, with the tenant paying for propane and electricity.Additional highlights include ample off-street parking and a two-car garage, making this a great opportunity for owner occupancy or investment. Some updating needed but this property has great potential. Commercial developers should ask about additional units.

Property Features