526 Washington Avenue

Portland, ME 04103
Baths
2
Square Ft.
1,866
$540,000
Positioned on Portland's rapidly evolving Washington Avenue corridor, this mixed-use property offers a rare opportunity to own a 2-unit residential building with additional commercial space and valuable off-street parking just a stone's throw from the Roux Institute campus. Investors and owner-occupants alike will appreciate the flexibility of the layout, the strong visibility and accessibility of the location, and the long-term upside. With close proximity to downtown, Back Cove, restaurants, breweries, and I-295, this property is ideally situated to benefit from the continued growth and energy surrounding the East Deering and Bayside neighborhoods. Can be purchased as a package with the neighboring building, 522 Washington Ave.
Market LogoCourtesy of Vitalius Real Estate Group, LLC 207-541-3755
Listing Snapshot
Days Online
1
Last Updated
Full Baths
2
Square Ft.
1,866
Lot Size
0.16 Acres
Year Built
1935
MLS Number
1662685
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Doghouse", "Full", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 1,866, Construction Materials: "Wood Frame", "Vinyl Siding", Number Of Units Total: 2, Year Built: 1935
Cooling
Cooling: "None"
Expenses
Operating Expense: $18,259
Floors
Flooring: "Wood"
Heating
Heating: "Oil", "Baseboard", Heating Included
Income
Gross Income: $46,848
Lot
Features: "Level", "Sidewalks", "Near Turnpike/Interstate", "Near Town", 0.16 acres, Area: 0.16, 6,970 square feet
Parking
Features: "Paved", "1 - 4 Spaces"
Property
Parcel Number: PTLD-000429-J000002-000001, Zoning: B-2B
Roof
Roof: "Flat", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $5,228, Tax Lot: 2
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04103
$594k
+7%
(avg) sold price
15
-6%
homes sold
12
-52%
(avg) days on market
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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.