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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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438440 438-440 St. John St , Portland, ME 04102
$860,000
Est. Payment: $1,911.11/mo
0 Bed
3 Bath
3610 Sqft
Status: Active | Days on site: 101
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1039 - 020998
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House Description

This three-unit property near USM offers opportunity and flexibility. A detached single-family home and a duplex on one lot, create a range of possibilities for investors, owner-occupants, and multi-generational living arrangements alike. Each of the three units offers a three-bedroom layout, providing comfortable living spaces that continue to attract strong tenant demand. The property is currently fully occupied with a proven rental history, offering immediate income for investors while presenting future opportunities for an owner-occupant seeking to offset housing costs with rental revenue. Off-street parking adds significant value and convenience, while the highly walkable location places residents just minutes from USM, Hadlock Field, The Expo, Deering Oaks Park, downtown Portland, local restaurants, shopping, and public transportation. Well maintained over the years, the property offers a solid foundation with potential for future value enhancement through cosmetic exterior improvements. Whether you're looking to grow your investment portfolio, establish a foothold in Portland's competitive housing market, or enjoy the benefits of owner-occupied multi-family living, 438-440 St. John Street presents a rare opportunity in a sought-after location.

Highlights

Listed by Lisa Hughes , 207-294-2933 Coldwell Banker Realty , 207-282-5988.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1900

County

Cumberland

Listing ID

1661478

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Floor:Laminate,Tile,Hardwood
Above Ground Sq Ft:3610
Below Ground Sq Ft:0
Basement:Interior Entry,Unfinished
Water:Public

Exterior Features

Lot:Intown,Level,Sidewalks
Zoning:R5
Roof:Shingle
Sewer:Public Sewer
Parking Features:Common,Paved,5 - 10 Spaces
Principal Interest
$1,911
Taxes
$819

Home Price

$860,000

Loan Details

30 yrs
%

Down Payment

20%
$172,000
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Monthly Price:
$1,911.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,911.11 $819.08 $0.00 $2,730.19
Yearly $22,933.33 $9,829.00 $0.00 $32,762.33
Total $688,000.00 $294,870.00 $0.00 $982,870.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Portland, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.