FOR SALE
671-675 Forest Avenue
Portland, ME 04103
Ocean Avenue
Studio
5 Baths
7,446 sqft
- Studio
- 5 Baths
- 7,446 sqft
Studio
5 Baths
7,446 sqft
Local Information
© Google
-- mins to
Commute Destination
Last check for updates: 1 day ago
Listing courtesy of Maine Real Estate Co
Source: Maine Listings, MLS#1581920
Description
2 retail & 5 residential units in a prime location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with two street-level retail units, perfect for businesses seeking prime visibility, and five residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms. The full unfinished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience. Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$214
Listed
No Info
Home Details for 671-675 Forest Avenue
Active Status |
|---|
MLS Status: Active |
Interior Features |
|---|
Interior Details Basement: Full,Interior Entry,Walk-Out Access,Unfinished |
Beds & Baths Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Dimensions and Layout Living Area: 7446 Square Feet |
Heating & Cooling Heating: Hot Water,BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Hot Water |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Vinyl, Tile, Carpet |
Levels, Entrance, & Accessibility Levels: Multi/SplitFloors: Vinyl, Tile, Carpet |
Exterior Features |
|---|
Exterior Home Features Roof: Flat OtherFoundation: Block, Concrete PerimeterNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: 1 - 4 Spaces,Paved,Common,Off Street |
Frontage Road Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 7446 Square Feet |
Property Information |
|---|
Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Brick Veneer, Brick, Masonry |
Price & Status |
|---|
Price List Price: $1,595,000Price Per Sqft: $214 |
Location |
|---|
Direction & Address City: Portland |
Agent Information |
|---|
Listing Agent Listing ID: 1581920 |
Building |
|---|
Building Area Building Area: 7446 Square Feet |
Lot Information |
|---|
Lot Area: 5227.2 sqft |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
|---|
BasementMls Number: 1581920 |
Similar Homes You May Like
Skip to last item
NEW - 18 HRS AGO2.59 ACRESLegacy Properties Sotheby's International Realty, Active- 0.59 ACRESBetter Homes & Gardens Real Estate/The Masiello Group, Active
- NEWOPEN SUN, 11-1:30PM2.44 ACRESLegacy Properties Sotheby's International Realty, Active
- OPEN SAT, 11:30-1:30PM0.53 ACRESLegacy Properties Sotheby's International Realty, Active
See more homes for sale inPortlandTake a look
Skip to first item
New Listings near 671-675 Forest Avenue
Skip to last item
- NEWCOMING SOON0.26 ACRESMary Libby Living Real Estate, Coming Soon / No Show
- NEWCOMING SOONCottage & Co Real Estate, Coming Soon / No Show
- 0.59 ACRESBetter Homes & Gardens Real Estate/The Masiello Group, Active
- OPEN SUN, 11-12:30PM1.65 ACRESKeller Williams Realty, Active
- OPEN SAT, 11-12:30PMKeller Williams Realty, Active
- Legacy Properties Sotheby's International Realty, Active
- See more homes for sale inPortlandTake a look
Skip to first item
Comparable Sales for 671-675 Forest Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | $719,000 | 01/03/24 | 4 | 2,798 | ||
0.23 | Multi-Family Home | $1,300,000 | 06/30/23 | 8 | 7,280 | ||
0.34 | Multi-Family Home | $682,650 | 03/01/24 | 3 | 3,803 | ||
0.50 | Multi-Family Home | $900,000 | 08/14/23 | 5 | 4,045 | ||
0.16 | Multi-Family Home | $820,000 | 12/22/23 | 2 | 2,152 | ||
0.10 | Multi-Family Home | $449,000 | 09/12/23 | 2 | 2,176 | ||
0.55 | Multi-Family Home | $1,650,000 | 03/22/24 | 5 | 6,144 | ||
0.43 | Multi-Family Home | $679,000 | 06/29/23 | 3 | 2,808 | ||
0.11 | Multi-Family Home | $685,000 | 07/28/23 | 2 | 2,076 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Ocean Avenue
- Eyre.yang18
- Resident
- 3y ago
"Walk for 25 min. Bike for 10 min. Car for 7/8min. Great location for everything. Nice location. Close to everything "
- Robartillustration
- Resident
- 4y ago
"Edward Payson Park has fun events, games, gets people outdoors and mingling. Events on the back cove path."
- Michael O.
- Resident
- 5y ago
"I've lived in this neighborhood for over 20 years. Great schools. Great neighbors. Always see people out walking the dog. Close to shopping, 295 and downtown. I love this neighborhood."
- reneebentinck
- Resident
- 5y ago
"Great neighborhood and Nice little community to live in. People know each other and look for each other. Great New spots opening up all the time."
- Jpetranek
- Resident
- 5y ago
"Nothing in particular. I find it kinda bland. But some people like that. I'd say it's a pretty boring middle class neighborhoods. Good for families or retirement. "
- Kevin M.
- 9y ago
"Ten minutes or less to practically anything including arts, music, restaurants, bars, fine hotels, shopping. Everything Portland has to offer is moments away from this chic neighborhood filled with young and old alike. Low to no crime. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Maine Real Estate Co
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
671-675 Forest Avenue, Portland, ME 04103 is a studio, 5 bathroom, 7,446 sqft multi-family built in 1910. 671-675 Forest Avenue is located in Ocean Avenue, Portland. This property is currently available for sale and was listed by Maine Listings on Feb 9, 2024. The MLS # for this home is MLS# 1581920.