247 Valley StreetPortland, ME 04102MLS Number 1609832

  • Price: $950,000
  • Est. Mortgage of $/month
  • 158 Days on Market
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Federal 30-year interest rate: 6.81% last updated on Apr 24, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102247 Valley Street Portland ME 04102
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  • 0.06Acreage
  • 4Bathrooms
  • 1900Year Built
  • 3,705Square Feet

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Investors take notice! Assumable 3.75% FHA loan available. This 4 unit multi-family property is income producing ($100k+ in annual rental income) and ready to be your next asset. With a strong rental history and a desirable location, this property is an ideal investment. Located near everything that Portlands Old Port has to offer with close proximity to Maine Medical Center and I-295 / I-95 for an easy commute. The spacious 3700 sqft of living space consists of two 3 bedroom units, a 2 bedroom unit, and a studio. New hot water tank and most electrical and plumbing updated in 2022. Don't miss your opportunity to purchase a cash flowing asset in Maine's historical waterfront city of Portland! The property is currently fully occupied. The interior photos have been edited for brightness and to remove tenants belongings. Please inquire to receive unedited interior photos. Thank you for your interest!
Listed by Down To Earth Real Estate

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More Info

Basic Information

  • Gross Income $101,064

Rooms

  • Bathroom4
  • Full Bath4

Location

  • Address247 Valley Street
  • Building Number247
  • CountyCumberland
  • Latitude43.652405
  • Longitude-70.277962
  • StateME
  • StreetValley Street
  • TownPortland
  • Transportation Major Road Access, Near Airport, Public Transport Access
  • Zip04102

Interior

  • Flooring Vinyl

Utilities

  • Electric Circuit Breakers
  • Gas Natural - At Street
  • Heat SystemSteam, Radiator, Radiant
  • Heating FuelGas Natural
  • Heating YN Yes
  • Sewer Public Sewer
  • Utilities Utilities On
  • Water HeaterGas, Tank
  • Water Source Public

Tax Information

  • Tax Book Number 36659
  • Tax Lot3
  • Tax Map Number 64
  • Tax Year 2024
  • Taxes$9,017

Building

  • Above Grade Finished Area 3,705
  • BasementWalk-Out Access, Full, Exterior Only
  • Building ConstructionVinyl Siding, Wood Frame
  • FoundationConcrete Perimeter, Brick/Mortar
  • Property StyleOther
  • Units4
  • Units Numof 1 Bd Units 1
  • Units Numof 2 Bd Units 1
  • Units Numof 3 Bd Units 2
  • Year Built1900

Property Information

  • Acreage0.06
  • Lot Features
    • Intown
    • Near Public Transit
    • Near Railroad
    • Near Shopping
    • Near Turnpike/Interstate
    • Neighborhood
    • Sidewalks
  • Lot Size Square Feet 2,613
  • Lot Size Units Acres
  • Site Sidewalks
  • Square Feet3,705

Parking

  • Parking Features No Driveway, Off Street

Basic Information

  • Agent ID022010
  • Broker ID3588
  • Broker NameDown To Earth Real Estate
  • List Price$950,000
  • LocationTypeIntown, Near Railroad, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • MLS Number1609832
  • Modification Date04/15/2025
  • Property TypeResidential Income

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public

Exterior

  • Exterior Vinyl Siding
  • RoofShingle

Amenities

  • Mls StatusActive
  • Other AmenitiesBasement, Fireplace

Legal

  • ZoningR6

Photos

  • Number of Photos32

Other

  • Date Listed11/20/2024
  • View Count2
CENTURY 21 Atlantic

Your Local Office

More Info »
CENTURY 21 Atlantic
Office: 207-363-4053
433 US Route One
Suite 101
York, ME 03909

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2025 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

CENTURY 21 Atlantic participates in ©2025 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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