93 Chapel ST new

South Portland,ME 04106

$ 575000

- Bed

2 Baths

1940 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 1,940 sqft

Price per Sqft $296

MLS Listing ID 1627019

Style New Englander

Full Baths 2

Year Built 1910

Annual Tax Amount $6,052

Tax Year 2024

Lot Size 10,454 Sqft

Property Description

Two-Unit Multi-Family in the Heart of South Portland - Expansion Potential!

Opportunity knocks with this centrally located two-unit property in the middle of South Portland! Each spacious unit offers 3 bedrooms and 1 full bath, perfect for owner-occupants or investors seeking strong rental income in a high-demand area.

The property features a roof that's less than 5 years old and the exterior was freshly painted within the last 5 years, offering peace of mind and great curb appeal. Situated on a generously sized lot currently under review by the town for potential division, this property holds exciting development possibilities.

Plus, the large attic presents additional upside—with the addition of a heating source and proper town permitting, it could be finished to create a 1-2 bedroom third unit or bonus living space.

Enjoy an unbeatable location just minutes from grocery stores, schools, local restaurants, and the beloved Greenbelt walking path. Whether you're looking to invest, expand, or live on site while building equity, this property offers the flexibility and future potential you've been waiting for.

Buyer to perform due diligence regarding town approvals and permitting for lot division and third-unit potential.

Location

State ME

County Cumberland

Zoning G

Interior

Heating Radiator

Cooling None

Flooring Vinyl,Tile,Laminate

Exterior

Parking Features 5 - 10 Spaces,Paved

Utilities Available 1

View Y/N No

Roof Type Shingle

Building

Lot Description Sidewalks,Neighborhood

Story 3

Sewer Public Sewer

Water Public

Structure Type Clapboard,Wood Frame

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