Bought with Coldwell Banker Realty
$555,000
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93 Chapel ST South Portland, ME 04106
2 Baths
1,940 SqFt
Key Details
Sold Price $555,000
Property Type Multi-Family
Listing Status Sold
Square Footage 1,940 sqft
MLS Listing ID 1627019
Sold Date 08/12/25
Style New Englander
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,940
Year Built 1910
Annual Tax Amount $6,052
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Source Maine Listings
Land Area 1940
Property Description
Two-Unit Multi-Family in the Heart of South Portland - Expansion Potential!
Opportunity knocks with this centrally located two-unit property in the middle of South Portland! Each spacious unit offers 3 bedrooms and 1 full bath, perfect for owner-occupants or investors seeking strong rental income in a high-demand area.
The property features a roof that's less than 5 years old and the exterior was freshly painted within the last 5 years, offering peace of mind and great curb appeal. Situated on a generously sized lot currently under review by the town for potential division, this property holds exciting development possibilities.
Plus, the large attic presents additional upside—with the addition of a heating source and proper town permitting, it could be finished to create a 1-2 bedroom third unit or bonus living space.
Enjoy an unbeatable location just minutes from grocery stores, schools, local restaurants, and the beloved Greenbelt walking path. Whether you're looking to invest, expand, or live on site while building equity, this property offers the flexibility and future potential you've been waiting for.
Buyer to perform due diligence regarding town approvals and permitting for lot division and third-unit potential.
Location
State ME
County Cumberland
Zoning G
Rooms
Basement Interior, Full
Interior
Heating Radiator
Cooling None
Flooring Vinyl, Tile, Laminate
Exterior
Parking Features 5 - 10 Spaces, Paved
Utilities Available 1
View Y/N No
Roof Type Shingle
Porch Porch
Garage No
Building
Lot Description Sidewalks, Neighborhood
Story 3
Sewer Public Sewer
Water Public
Architectural Style New Englander
Structure Type Clapboard,Wood Frame
Others
Energy Description Oil
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