LOCATION! Stop paying someone else's mortgage and start building your investment portfolio! Great neighborhood in Portland, close to everything. Would make a perfect owner occupied that is handy and bring this beautiful home back to it's heart. Currently rented, month to month. Nice, spacious floor plans and cute yard. Building needs some "love", and better tenants. Would make a great owner occupied. Reach out and let's get you through! Easy to show!
Multi-familyProperty Type
1900Year Built
7,405 sq ftLot Size
$246Price/Sq.Ft.
2 car garageParking
Listed by Janice Pompeo John Lesser• The Maine Real Estate Group
Peaks Island, located between Casco Bay and Portland Harbor, is a coastal and village-like Portland neighborhood with a working waterfront and wooded lanes. The island’s character concentrates around the Peaks Island Ferry Landing and the stretch of Island Avenue lined with porch-front cottages, bike rentals, and small cafes. Community pillars include the Fifth Maine Regiment Museum, the Peaks Island House, and the Inn on Peaks Island. Narrow roads loop past rocky coves, pocket beaches, and weathered docks, with golf carts and bicycles setting the pace. Architecture leans toward shingled cottages and classic New England summer homes, with salt-air patina and tidy gardens. Trails and shoreline paths frame daily routines around ferry schedules and long water views.
Provided by Walk Score and Local Logic
Market insights
44 Pleasant Ave · $600,000
DAYS ON MARKET
448 days
The average home goes pending in 50 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
LIST PRICE
$600,000
Median list price in this area is $750,000. (25% higher than this home)
PRICE DROP
7 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
First-floor bedroom
Attic
Bathtub
Shower
Bedrooms
One 2-bedroom unit on the first level
One 3-bedroom unit on the second level
Bathrooms
Each unit has one full bathroom (total 2 full bathrooms)
Kitchen
Each unit includes a refrigerator
Laundry & utility
Laundry on main level
Laundry on upper level
Dedicated water heater for each unit
Some units have dedicated electric meters
Flooring
Carpet
Tile
Vinyl
Wood
Hardwood
Luxury vinyl
Heating & cooling
Hot water heating
Zoned heating
Space heaters
Steam heating
Circuit breaker electric panel
Exterior features
Fenced yard
Intown location near shopping and public transit
Neighborhood setting with sidewalks
Level lot
Paved roads
Home design
Multi-level building
Built in 1900
Parking
Detached 2-car garage
Paved parking
On-street parking available
1–4 vehicle spaces
Construction
Wood frame construction with vinyl siding
Pitched shingle roof
Granite and brick/mortar foundation
Utilities
Public water
Public sewer
Water heater tied to heating system
HOA & community
No cats or dogs allowed
Financial info
Property set up as two-unit building
Gross income listed at $63,600
Operating expenses listed at $7,400
Unit rents: approximately $2,300 for the 2-bed unit and $3,000 for the 3-bed unit
Electricity and solar
View estimated energy costs and solar savings for this home
To provide for a residential neighborhood environment on Portland’s islands in areas with adequate public services. Expansion or extension of IR-2 zoning should be limited, generally focused toward areas adjacent toexisting IR-2 areas, and restricted by such factors as adequacy of access, whether adequate water will be available for private use and for fire protection, whether soils in the area are adequate for subsurface water disposal, or whether public sewers are available. Select nonresidential uses may also be permitted in the IR-2 zone
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Public service
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 86° expected this year, 19 days in 30 years
6/10 Wind Factor
68% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04103
Average low and high temperatures (°F)
30
16
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15
44
28
53
37
64
48
76
57
81
63
78
58
72
54
62
43
49
33
35
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 44 Pleasant Ave
$569,431
$31K under list price of $600K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $660K to $1.3M.