Price Reduced 15.38%

$2,200,000

Est. Mortgage $0/mo *

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Price History

$2,600,000
6/6/2024

$2,200,000
8/20/2024

276-286 Island Avenue, Long Island, ME, 04050

276-286 Island Avenue, Long Island, ME, 04050
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8 Full / 5 Half baths

2010

Multi-Level, Other Style, Row-End, Row-Inside, Townhouse

9,200 sqft

Stunning. Iconic. Breathtaking. All words that can't fully describe this one-of-a-kind island property! This is your opportunity to invest in a way of life envied by most. Boldly located on beautiful Long Island at Ponce Landing and easily accessible from Portland via the ferry, this waterfront property offers expansive ocean views from nearly every window. Just a short walk from the ferry, the building make-up is 5 residential units and a post office. The well-appointed residential units can be rented long term or short term. There are 3 three-bedroom 2.5 bath townhouse style units with 2 private decks each, overlooking the water. There is 1 one-bedroom 1.5 bath two-level unit with a private deck and 1 3-bedroom 1 bath one level unit with a fantastic oversized private deck. All units have a washer/dryer, fully applianced kitchens and those inspirational westerly ocean views! Included is 145' of owned water frontage and your own deep-water dock. There is also the tremendous opportunity to easily convert to condominium units as the current owner has completed the needed documents. This is a great opportunity for an owner-occupied investor or anyone eager to experience the unique lifestyle among the calendar islands of Caso Bay!

Status:

Active

Type:

Multi-family

Laundry Remarks:

Laundry - 1st Floor, Main Level

Units:

6

Zoning:

IB

Subdivision:

Ponce Landing

Heating:

Multi-Zones, Hot Water, Baseboard

Cooling:

None

Energy Features:

Double Pane Windows

Basement:

Dirt Floor, Walk-Out Access, Other, Partial, Exterior Only, Unfinished

Parking:

1 - 4 Spaces, Other

Acreage:

0.31

Est. Taxes:

$16,644

Construction

Clapboard, Wood Frame

Utilities

Utilities On

Lot Description:

Corner Lot, Open Lot, Rolling Slope, Near Public Beach, Near Shopping, Near Town, Near Public Transit

View Description:

Scenic

Amenities:

Furniture Included, Bathtub, One-Floor Living, Other, Shower, Walk-In Closet(s), Storage, Primary Bedroom w/Bath

Waterfront:

Yes

MLS #:

1592434

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Gardner Real Estate Group