Bought with Coldwell Banker Realty
$583,500
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88 Grandview AVE South Portland, ME 04106
2 Baths
1,552 SqFt
Key Details
Sold Price $583,500
Property Type Multi-Family
Listing Status Sold
Square Footage 1,552 sqft
MLS Listing ID 1626885
Sold Date 08/12/25
Style Other
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,552
Year Built 1910
Annual Tax Amount $5,081
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Source Maine Listings
Land Area 1552
Property Description
Turnkey 2-Unit Investment Opportunity! This well-maintained multi-family home is nestled in a quiet neighborhood setting and offers flexibility for both owner-occupants and investors. Both units have been recently updated and are move-in ready. The first-floor unit features 1 bedroom, 1 full bath, a bright kitchen, a spacious living room, and a versatile flex space perfect for a home office, gym, or guest area. It also offers private access to the basement, which includes a dedicated laundry room and a large storage area.
The second-floor unit boasts 2 bedrooms, 1 bathroom, a full kitchen, and a comfortable living room. Each unit enjoys its own deck and private yard area, ideal for outdoor living or entertaining.
A detached two-car garage provides additional storage and includes a walk-out basement space, offering great potential for an ADU or conversion to additional living space (buyer to verify).
This property is a fantastic opportunity for rental income or multi-generational living. Group showings available - don't miss out on this versatile and income-generating gem!
Location
State ME
County Cumberland
Zoning A
Rooms
Basement Walk-Out Access, Full, Doghouse
Interior
Interior Features Storage
Heating Hot Water, Baseboard
Cooling None
Flooring Wood, Tile, Carpet
Laundry Washer Hookup
Exterior
Parking Features Basement, 1 - 4 Spaces, Common, Detached
Garage Spaces 2.0
Utilities Available 1
View Y/N No
Roof Type Shingle
Street Surface Paved
Porch Deck, Porch
Garage Yes
Building
Lot Description Well Landscaped, Corner Lot, Near Turnpike/Interstate, Near Town, Neighborhood
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Wood Siding,Wood Frame
Others
Energy Description Oil
Read Less
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