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Adam Dow

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

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44 William St , Portland, ME 04103
$997,000
Est. Payment: $5,355.29/mo
4 Bath
2935 Sqft
0.14 Acres
Status: active | Days on site: 16
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2799 - 016096
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House Description

Just Listed! Exceptional opportunity in Portland's coveted Oakdale neighborhood! This meticulously restored multi-family blends historic charm, thoughtful craftsmanship, and great income potential. The property features 3 renovated units: a 1st floor 2 BD apt w/ a 1-BD in-law suite in the finished bsmt; 1 BD units on 2nd & 3rd floor. Bring your vision for the detached 1½-story carriage house / future ADU potential (subject to City approvals), or future garage. Owner-occupied throughout the current ownership, this property has no registered rents, offering a rare opportunity for its next owner to set their own rents. What sets this property apart is the extraordinary level of investment made by the current owners. Over the past decade, they've completed extensive improvements far beyond cosmetic updates, creating a turnkey asset with lasting value. Custom kitchens feature handcrafted Kat Finck cabinetry, butcher block counters, Kohler fixtures, & Energy Star appliances, w/ renovated bathrooms showcasing marble and tile. Major upgrades include three separate electrical systems and hot water heaters, recessed LED lighting with Lutron dimmers, hardwired smoke/CO detectors, upgraded insulation, Rinnai natural gas heaters, hydronic electric baseboard heat, an upgraded water meter, sump pump. Utility room has a natural gas infrared backup heater, sprinkler protection, and a 90-minute commercial-rated self-closing fire door. Exterior improvements include transite siding abatement, new siding, Renewal by Andersen windows, roof restoration, dormer and eave repairs, rebuilt decks and stairs, preservation of original architectural details, & carriage house foundation repairs. Whether you're seeking an owner-occupied property with supplemental income or a long-term investment w/ future upside, this is a rare opportunity to own a beautifully restored multi-family just minutes from USM, UNE, & downtown Portland. See seller improvement list.

Highlights

Listed by Heather Mayer , 207-766-1270 Portside Real Estate Group , 207-619-7571. Maine Real Estate Information System, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1909

County

Cumberland

Listing ID

1684308

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:ENERGY STAR Qualified Appliances, Internet Access Available
Floor:Laminate,Tile,Wood
Above Ground Sq Ft:2435
Below Ground Sq Ft:500
Basement:Doghouse,Interior Entry,Walk-Out Access,Finished,Full,Partial,Sump Pump
Other:
  • ▪ Additional:1st Floor Bedroom, In-Law Floorplan, Walk-in Closet(s)
Water:Public

Exterior Features

Lot:Intown,Neighborhood,Level,Sidewalks,Landscaped,Near Public Transit
Zoning:R5
Roof:Composition
Sewer:Public Sewer
Parking Features:Paved,1 - 4 Spaces,Off Street,Detached,Storage
Principal Interest
$5,355
Taxes
$895

Home Price

$997,000

Loan Details

30 yrs
7.091%

Down Payment

20%
$199,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,355.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,355.29 $894.50 $0.00 $6,249.79
Yearly $64,263.45 $10,734.00 $0.00 $74,997.45
Total $1,927,903.48 $322,020.00 $0.00 $2,249,923.48

Today's Rates

30 Year

7.09%

20 Year

7.19%

15 Year

6.59%

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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.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


IDX service by Blueroof 360

Data last updated: 2026-10-31T17:51:21.000Z

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