Located in the Oakdale section of Portland, Maine, this three-unit property offers a single family home and a duplex on the same lot. 438-440 St John St presents a strong investment opportunity with immediate income. Each unit offers a three-bedroom layout, appealing to a wide range of tenants and supporting consistent demand.The building boasts a solid rental history and is currently fully occupied, providing reliable cash flow from day one. Tenants enjoy comfortable, practical living spaces, and valuable off-street parking - a highly desirable amenity in Portland.Residents benefit from easy access to USM, Hadlock Field, The Expo, Deering Oaks Park, local shops, dining, and transportation options. The property has been well cared for over the years, with an opportunity for the next owner to add value through exterior paint and minor repairs.Whether you're expanding your portfolio or seeking a turnkey multi-family investment with upside potential, this property delivers stability, location, and long-term value. Group showings by appointment only, please reach out for additional information.
Listed By
Agency Name: Coldwell Banker Realty
Agency Contact: 207-282-5988
Shown By
Agent Name: Kristen Tesseo
Agent Phone: (207) 446-0184
Agency Title: Sprague and Curtis Real Estate
Estimated Payment
$ 2,983.90 per month $1,913.99 Principal & Interest $819.08 Property Tax $250.83 Homeowner's Insurance
438-440 St. John Street | MLS# 1661478
This multi-family property located at 438-440 St. John Street, Portland, ME 04102 is currently listed for sale with an asking price of $860,000. Search Portland real estate on ktesseo.spragueandcurtis.com today.