JimPepin
BEDS0
BATHS4 full
SQUARE FEET3,812
MLS#1661201
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSouth Portland Public Schools
Property Description
Located in the highly desirable Willard Beach neighborhood of South Portland, 238 Preble Street presents a rare opportunity to own a well-maintained 4-unit investment property just moments from the beach and vibrant Willard Square. Each spacious unit offers 2 bedrooms and 1 bathroom, providing strong rental appeal in one of Southern Maine's most sought-after coastal communities. Three of the four units have been fully renovated, featuring updated kitchens, baths, flooring, and modern finishes while maintaining the property's classic New England charm. Tenants enjoy easy access to Willard Beach, local restaurants, coffee shops, markets, and downtown Portland just minutes away. Whether you're looking to expand your portfolio or owner-occupy with additional rental income, this property combines location, lifestyle, and investment potential in an exceptional package.
Property Features
Property Type: Multi Unit - Multiple
Basement: Not Applicable, Slab
Heating: Electric, Gas Natural, Baseboard, Zoned, Space Heater
Home Style: Split Level
Lot Size: 0.28 Acres
Roof Type: Pitched, Shingle
Taxes: $11,720
Year Built: 1970
Feature Descriptions
Amenities: Bathtub, One-Floor Living
Electric: Circuit Breakers
Exterior: Wood Frame, Aluminum Siding
Flooring: Carpet, Vinyl, Luxury Vinyl
Foundation: Poured Concrete
Lot: Near Public Transit
Parking: 5 - 10 Spaces, On Site, Paved
Sewer: Public Sewer
SQ FT Above Grade: 3812
SQ FT Below Grade: 0
Water: Public
Local Schools
School District: South Portland Public Schools
Listed By / Shown By
Listed By
Agency Name: Cottage & Co Real Estate
Agency Phone: 207-653-1188
Shown By
Agent Name: Jim Pepin
Agent Phone: (207) 242-3015
Agency Title: Sprague and Curtis Real Estate
Estimate Your Payment
Estimated Payment
$ 3,984.76 per month $2,659.55 Principal & Interest $976.67 Property Tax $348.54 Homeowner's InsuranceChange Payment Information
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238 Preble Street | MLS# 1661201
This multi-family property located at 238 Preble Street , South Portland, ME 04106 is currently listed for sale with an asking price of $1,195,000. Preble Street is located within the South Portland Public Schools school district. Search South Portland real estate on jpepin.spragueandcurtis.com today.