280 Island Avenue Unit 276

Long Island, ME 04050
Baths
13
Square Ft.
9,200
$2,200,000
Stunning. Iconic. Breathtaking. All words that can't fully describe this one-of-a-kind island property! This is your opportunity to invest in a way of life envied by most. Boldly located on beautiful Long Island at Ponce Landing and easily accessible from Portland via the ferry, this waterfront property offers expansive ocean views from nearly every window. Just a short walk from the ferry, the building make-up is 5 residential units and a post office. The well-appointed residential units can be rented long term or short term. There are 3 three-bedroom 2.5 bath townhouse style units with 2 private decks each, overlooking the water. There is 1 one-bedroom 1.5 bath two-level unit with a private deck and 1 3-bedroom 1 bath one level unit with a fantastic oversized private deck. All units have a washer/dryer, fully applianced kitchens and those inspirational westerly ocean views! Included is 145' of owned water frontage and your own deep-water dock. There is also the tremendous opportunity to easily convert to condominium units as the current owner has completed the needed documents. This is a great opportunity for an owner-occupied investor or anyone eager to experience the unique lifestyle among the calendar islands of Caso Bay!
Market LogoCourtesy of Gardner Real Estate Group 207-613-1400
Listing Snapshot
Days Online
133
Last Updated
Full Baths
8
Partial Baths
5
Square Ft.
9,200
Lot Size
0.31 Acres
Year Built
2010
MLS Number
1611733
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Walk-Out Access", "Dirt Floor", "Other", "Partial", "Exterior Only", "Unfinished"
Building
Architectural Style: "Other", "Row-End", "Row-Inside", Building Area Total: 9,200, Construction Materials: "Clapboard", "Wood Frame", Number Of Units Total: 6, Year Built: 2010
Cooling
Cooling: "None"
Expenses
Operating Expense: $31,667
Exterior Features
Patio And Porch Features: "Deck", Patio And Porch Features: "Deck"
Floors
Flooring: "Wood", "Tile"
Foundation
Foundation Details: "Pillar/Post/Pier"
Water Features
Water Body Name: Casco Bay, Waterfront Features: "Bay", Waterfront Property
Heating
Heating: "Zoned", "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $115,800
Interior Features
Features: "Walk-in Closets", "Bathtub", "One-Floor Living", "Other", "Shower", "Storage", "Primary Bedroom w/Bath"
Laundry
Features: "Laundry - 1st Floor", "Main Level"
Lot
Features: "Rolling/Sloping", "Open", "Corner Lot", "Near Public Beach", "Near Shopping", "Near Town", "Near Public Transit", 0.31 acres, Area: 0.31, 13,504 square feet
Parking
Features: "1 - 4 Spaces", "Other"
Property
Parcel Number: LISL-000202-000000-000202-000004, View: "Scenic", Zoning: IB
Roof
Roof: "Pitched", "Shingle"
Sewer
Sewer: "Septic Tank", "Private Sewer"
Taxes
Annual Amount: $16,644, Tax Lot: 202
Utilities
Electric: "Circuit Breakers", Water Source: "Other", "Private"
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.