$1,495,000

64 Gray Street , Portland, ME 04102

 
Bedrooms:0 beds
Bathrooms:7 baths
Other:5,150 sqft
Lot:0.09
Year Built:1910
Listing Status:Active

Listing Agent

Christopher Lavoie
http://www.kwmaine.com
We cannot obtain a map view for this location. Please See Google Maps for any possible street views and other mapping views.
We cannot obtain a street view for this location. Please See Google Maps for any possible street views and other mapping views.
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Group Showing Tuesday May 20th 11:30-1pm Step into Portland's rich history with this beautifully renovated and updated seven-unit building in a prime location! Situated with exceptional proximity to all that downtown Portland has to offer - from its vibrant arts scene and renowned restaurants to its bustling waterfront - this property presents a fantastic investment opportunity. This meticulously maintained building features a desirable unit mix of five spacious one-bedroom apartments and two efficient studio apartments, all currently leased at market rents, ensuring a strong and immediate income stream. Every unit has recently extensive renovations and updates have preserved the building's historic charm while providing modern comfort and convenience for tenants. A new heating system offers efficiency and reliability. Full Renovation of the entire exterior of the building. A significant amenity in this urban setting is the on-site parking available for tenants for a small fee, a feature that adds considerable value and tenant appeal. Investment Highlights: Seven Units: Five 1-bedroom units and two studio units. Prime Location: Unbeatable access to downtown Portland's attractions, amenities, and employment centers. Market Rents: All units are currently rented at full market value. Historic Charm, Modern Updates: Beautifully renovated and updated throughout, blending historic character with contemporary living. New Heating System: Ensuring efficient and cost-effective heating for the entire building. On-Site Parking: A valuable amenity for tenants in a downtown location, available for a fee. Strong Income Potential: A fully leased building in a high-demand rental market. Don't miss this exceptional opportunity to own a piece of Portland's history while capitalizing on a strong multi-family investment in a sought-after location.

Detailed Items

Other Information

64 Gray Street, Portland, ME, 04102 is a other listing of 5,150 sqft on a lot of 0.09. This other listing has 0 bedrooms, and 7 baths. The map for this location can be viewed on Google maps at Google maps to property64 Gray Street, Portland, ME
Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask a question

By pressing Request Info, you agree that HousingNow.com and real estate professionals may call, text or email you regarding your inquiry, which may involve the use of automated means.
Learn how to appear as the Local Advisor above