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170 Veranda Street

Portland, ME 04103
Baths
2
Square Ft.
1,876
Pending
Multifamily
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$550,000
This versatile 2-unit property in East Deering is surprisingly good. Its funky appearance hides a highly functional home and investment: two good apartments, ample parking, and a bonus 3rd space that could be commercial or an extension of an owner-occupied space for short-term rental. Both units feature updated kitchens and bathrooms, and a new heating system was installed in 2024. With no base rents, investors and owner-occupants alike have flexibility to optimize income. Finally, the location is central to everything - a couple minutes to downtown Portland, Back Cove, the future Roux Institute, and Falmouth's Rt 1 shopping. Open Showings will be held on Friday 1/16 & Tuesday 1/20 from 11 am -Noon.
Market LogoCourtesy of Vitalius Real Estate Group, LLC 207-541-3755
Listing Snapshot
Days Online
49
Last Updated
Full Baths
2
Square Ft.
1,876
Lot Size
0.12 Acres
Year Built
1912
MLS Number
1649255
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Doghouse", "Exterior Only", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 1,876, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1912
Cooling
Cooling: "None"
Expenses
Operating Expense: $14,663
Floors
Flooring: "Vinyl", "Tile"
Heating
Heating: "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $40,200
Lot
Features: "Open", "Corner Lot", "Level", "Near Shopping", "Near Turnpike/Interstate", "Near Town", 0.12 acres, Area: 0.12, 5,227 square feet
Parking
Features: "1 - 4 Spaces", "Paved", "Off Street"
Property
Parcel Number: PTLD-000432-C000004-000001, Zoning: B1
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,954, Tax Lot: 4
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Monthly Payment
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30 Days Snapshot Of 04103
$659k
+8%
(avg) sold price
9
-57%
homes sold
55
+83%
(avg) days on market
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Fred Andrews
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Schools In The Area

Source: Home Junction
Check out nearby schools with ratings and contact info.
Presumpscot School 207-874-8220 Public PK-5
Howard C Reiche Community School 207-874-8175 Public PK-5
Lyman Moore Middle School 207-874-8150 Public 6-8
Casco Bay High School 207-874-8160 Public 9-12
Presumpscot School 207-874-8220 Public PK-5
Howard C Reiche Community School 207-874-8175 Public PK-5
Presumpscot School 207-874-8220 Public PK-5
Howard C Reiche Community School 207-874-8175 Public PK-5
Lyman Moore Middle School 207-874-8150 Public 6-8
Casco Bay High School 207-874-8160 Public 9-12
Portland High School 207-874-8250 Public 9-12

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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.