1 Griffin Road

Scarborough, ME 04074
Baths
3
Square Ft.
2,634
$699,000
Well maintained three-unit building in the Pine Point area of Scarborough presents a strong investment opportunity in one of Southern Maine's most desirable coastal neighborhoods. Each unit offers bright, functional living space with updated kitchens, baths, heating systems with plenty of off-street parking. The 1st level features a large two bedroom unit while the 2nd floor features two 1 bedroom units. This building would be great to owner occupy with spacious units and strong rental demand both on a year-round basis and excellent potential for short-term rental income. Upcoming open houses on Friday (9/26) from 12-2pm and Sunday (9/28) from 12-2pm.
Market LogoCourtesy of Town & Shore Real Estate 207-773-0262
Listing Snapshot
Days Online
56
Last Updated
Full Baths
3
Square Ft.
2,634
Lot Size
0.33 Acres
Year Built
1950
MLS Number
1638644
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Daylight", "Full", "Sump Pump", "Unfinished"
Building
Architectural Style: "Other", "Colonial", Building Area Total: 2,634, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 3, Year Built: 1950, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $8,605
Exterior Features
Other Equipment: "Internet Access Available", "Cable", Patio And Porch Features: "Screened", Patio And Porch Features: "Screened"
Floors
Flooring: "Wood", "Vinyl", "Tile", "Carpet"
Foundation
Foundation Details: "Block", "Concrete Perimeter"
Heating
Heating: "Hot Water", "Forced Air", "Baseboard", Heating Included
Income
Gross Income: $55,200
Interior Features
Features: "1st Floor Bedroom", "Bathtub", "Storage"
Laundry
Features: "Laundry - 1st Floor", "Main Level", "Washer Hookup"
Lot
Features: "Well Landscaped", "Open", "Level", "Right of Way", "Intown", "Near Public Beach", "Near Shopping", "Near Turnpike/Interstate", "Neighborhood", "Subdivided", "Near Public Transit", 0.33 acres, Area: 0.33, 14,375 square feet
Parking
Features: "5 - 10 Spaces", "Paved", "On Site", "Off Street"
Property
Other Structures: "Shed(s)", Parcel Number: SCAR-000033U-000000-000051B, Zoning: TVC
Roof
Roof: "Metal"
Sewer
Sewer: "Quasi-Public"
Taxes
Annual Amount: $5,476, Tax Lot: 51B
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
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30 Days Snapshot Of 04074
$807k
-4%
(avg) sold price
24
-4%
homes sold
11
-57%
(avg) days on market
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Fred Andrews
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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.