This versatile 2-unit property in East Deering is surprisingly good. Its funky appearance hides a highly functional home and investment: two good apartments, ample parking, and a bonus 3rd space that could be commercial or an extension of an owner-occupied space for short-term rental. Both units feature updated kitchens and bathrooms, and a new heating system was installed in 2024. With no base rents, investors and owner-occupants alike have flexibility to optimize income. Finally, the location is central to everything - a couple minutes to downtown Portland, Back Cove, the future Roux Institute, and Falmouth's Rt 1 shopping. Open Showings will be held on Friday 1/16 & Tuesday 1/20 from 11 am -Noon.
Multi-familyProperty Type
1912Year Built
5,227 sq ftLot Size
$363Est. Price/Sq.Ft.
1 spaceParking
Listed by Briton Vitalius• Vitalius Real Estate Group, LLC
Listed by Christopher Sullivan• Vitalius Real Estate Group, LLC
Bought with Briton Vitalius• Vitalius Real Estate Group, LLC
3-unit only a short walk to Back Cove. Easy access to highway, ample parking. One unit must be used for professional office space or other use allowed in B1 zone. Good opportunity for a small or start up business with 2 apartments to help pay the expenses!
MREIS #1276310
Nov 11, 2016
Price Changed
$325,000
$173/sq ft
Nov 3, 2016
Price Changed
$279,000
$149/sq ft
Aug 5, 2016
Listed
$299,000
$159/sq ft
MREIS #1150978
Mar 5, 2015
Listed
$230,000
$123/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$6,033 (+4.2%)
$65,600 + $336,300
$401,900
2023
$5,791 (+5.9%)
$65,600 + $336,300
$401,900
2022
$5,470 (+4.8%)
$65,600 + $336,300
$401,900
2021
$5,221 (+14.0%)
$65,600 + $336,300
$401,900
2020
$4,578
$65,600 + $130,800
$196,400
2019
$4,578 (+3.7%)
$65,600 + $130,800
$196,400
2018
$4,415 (+3.8%)
$65,600 + $130,800
$196,400
2017
$4,252 (+2.6%)
$65,600 + $130,800
$196,400
2016
$4,146 (+2.3%)
$65,600 + $130,800
$196,400
2015
$4,052 (+3.2%)
$65,600 + $130,800
$196,400
2014
$3,928
$65,600 + $130,800
$196,400
Tax history for 170 Veranda St
Year
Property tax
Land + Additions
Assessment*
2024
$6,033 (+4.2%)
$65,600 + $336,300
$401,900
2023
$5,791 (+5.9%)
$65,600 + $336,300
$401,900
2022
$5,470 (+4.8%)
$65,600 + $336,300
$401,900
2021
$5,221 (+14.0%)
$65,600 + $336,300
$401,900
2020
$4,578
$65,600 + $130,800
$196,400
2019
$4,578 (+3.7%)
$65,600 + $130,800
$196,400
2018
$4,415 (+3.8%)
$65,600 + $130,800
$196,400
2017
$4,252 (+2.6%)
$65,600 + $130,800
$196,400
2016
$4,146 (+2.3%)
$65,600 + $130,800
$196,400
2015
$4,052 (+3.2%)
$65,600 + $130,800
$196,400
2014
$3,928
$65,600 + $130,800
$196,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.