9 Grasmere Road, Portland, ME 04101

$898,000
  • 9 Grasmere Road, Portland, ME 04101 Main Photo
New to the Market Active
BEDS0 BATHS3 full SQUARE FEET3,119 MLS#1660702
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Charming 3-Unit Investment Property Near Back Cove in a Prime Portland Location. Tucked into a desirable, highly walkable neighborhood near the University of Southern Maine, this classic Portland multi-family blends timeless character with strong income potential. The first and second floor units showcase original hardwood floors, period details, and vintage built-ins that highlight the property's historic charm. The third unit offers flexibility and can be combined with the second floor to create an expansive owner's suite, complete with views of Back Cove. A detached garage provides valuable covered parking, protecting vehicles from Maine's elements. Residents enjoy a quiet, tree-lined street just minutes from neighborhood shops, popular cafes, and public transportation. With a proven rental history, consistent cash flow, and low vacancy, this property is well-suited for investors or owner-occupants seeking to live in one of Portland's most desirable locations.

9 Grasmere Road | MLS# 1660702

This multi-family property located at 9 Grasmere Road, Portland, ME 04101 is currently listed for sale with an asking price of $898,000. Search Portland real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Bulkhead, Interior Entry
Garage: 2
Heating: Baseboard, Hot Water
Home Style: New Englander
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $11,192
Year Built: 1930

Feature Descriptions

Electric: Circuit Breakers
Flooring: Carpet, Tile, Wood, Linoleum
Sewer: Public Sewer
SQ FT Above Grade: 3119
SQ FT Below Grade: 0
Water: Public
Water Body Name: Back Cove

Listed By / Shown By

Listed By

Agency Name: The Real Estate Store
Agency Phone: 207-883-4327

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123

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Estimated Payment

$ 3,193.14 per month $1,998.56 Principal & Interest $932.67 Property Tax $261.92 Homeowner's Insurance

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