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280 Lincoln Street, South Portland, ME, 04106 | $1,475,000
Located in South Portland's Ligonia neighborhood, this is a unique opportunity to purchase a turnkey 7-unit residential apartment building and a 5, 582 SF flex building, currently with 7-commercial tenants. The apartment building is in great condition, with many renovated units, two newer boilers, a brand-new deck, fresh paint and replacement windows. The flex building is divided into 7 studios/workshops, currently occupied by long term artists and ''maker'' tenants on an at-will basis. The owner occupies one of the commercial units as a workshop and can either remain as a tenant or vacate for a new owner. This property is ideal as a fully occupied investment or for an owner-user seeking shop space while offsetting occupancy costs with rental income.
Features
- Baths: 7 full
- Units: 14
- Style: Multi-Level
- Year Built: 1900
- Heating: Baseboard
- Cooling: None
- Basement: Interior Entry, Unfinished
- Approx Sq. Feet: 9,854
- Acreage: 0.69
- Est. Taxes: $13,892
- Lot Desc: Level, Open Lot, Near Turnpike/Interstate, Near Town
- MLS#: 1599566
- Website: https://www.raveis.com
/prop/1599566/280lincolnstreet_southportland_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of Vitalius Real Estate Group, LLC
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