26-30 Turner St, Portland, ME 04101

Property Description

Few East End properties offer the lifestyle, flexibility, and income potential of 26-30 Turner Street. This rare offering blends the experience of a fully renovated single-family home with the advantages of a multi-unit investment, all on one parcel in one of Portland's most desirable neighborhoods. The street-facing Victorian is a standout three-bedroom residence, showcasing the scale, character, and level of finish Munjoy Hill buyers seek. A gourmet kitchen with gas range, thoughtfully renovated bathrooms, and a primary suite with a spacious steam shower create a home that lives far beyond a typical investment property. Seasonal views of Casco Bay further enhance its appeal, while efficient natural gas on-demand heating and hot water complement its historic character. Privately positioned behind, a separate two-story building includes two income-producing apartments, a dedicated office or studio, and two deeded off-street parking spaces. The office offers a rare opportunity for professionals or creatives seeking true separation between home and work. The rear building features natural gas baseboard heat, energy-efficient heat pumps for heating and cooling, and on-demand hot water. This is not a traditional multi-family--it is a true live-work-earn opportunity. The layout allows owners to enjoy the comfort of a single-family residence while the rear building generates meaningful income. Current gross annual income exceeds $122,000, with additional upside through the office/studio. A landscaped private courtyard creates an exceptional outdoor space for dining, entertaining, or quiet enjoyment, connecting both buildings while enhancing privacy. Future upside may exist through attic expansion or potential rooftop decks, subject to approvals. Located just steps from the Eastern Promenade, East End Beach, and Portland's vibrant dining and waterfront scene, 26-30 Turner Street represents one of the East End's most distinctive ownership opportunities.