224 Valley St, Portland, ME 04102
- $985,000
- 4
- BA
- 2,911
- SqFt
Listing courtesy of Keller Williams Realty. 207-553-2400
- List Price
- $985,000
- MLS#
- 1668670
- Status
- ACTIVE
- Type
- Multifamily
- City
- Portland
- County
- Cumberland
- Bathrooms
- 4
- Living Area
- 2,911
- Lot Size
- 4,791
- Year Built
- 1900
Property Description
Owner-occupied or exceptional investment opportunity in Portland! This well-maintained four-unit property features an attractive unit mix of two 1-bedroom, 1-bath apartments and two spacious 3-bedroom, 1-bath apartments. Each bright, sun-filled unit offers private deck or balcony access, providing desirable outdoor space for tenants. As an owner-occupied, you would have the potential of being exempt from Portland's rent control restrictions. Recent capital improvements include a new roof in 2025 and a new natural gas boiler in 2024, offering peace of mind for years to come. Additional amenities include coin-operated laundry, natural gas heat, and a large in-town lot with ample off-street parking. Conveniently located near the Western Promenade, downtown Portland, local restaurants, parks, shopping, and public transportation, this property offers strong rental appeal and easy access to many of the area's amenities. With a solid rental history, valuable recent updates, and a versatile unit mix, this is an excellent opportunity for investors looking to expand their portfolio in Portland's thriving rental market.
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Additional Information
- Living Area
- 2,911
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- Exterior Entry, Walkout, Partial
- Cooling
- None
- Year Built
- 1900
- Acres
- 0.11
- Roof
- Shingle
- Foundation
- Stone, Brick/Mortar
- Style
- Victorian
- Stories
- 3
- Courtesy Of Listing Office
- Keller Williams Realty
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Contact: 207-553-2400