671-675 Forest Avenue Portland, ME 04103

Other Residential MLS #: 1581920 Courtesy Of Maine Real Estate Co
685 US Route 1, Scarborough, ME 04074

$1,499,000

5 baths | 7,446 sq ft
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Est. Property Tax: $16,448
Estimated monthly payments: $7,923/mo.* (recalculate)

Property InformationDescription

2 retail & 5 residential units in a prime location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with two street-level retail units, perfect for businesses seeking prime visibility, and five residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms. The full unfinished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience. Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Exterior Type: Brick, Brick Veneer
  • Floor Covering: Carpet, Tile, Vinyl
  • Heating System: Baseboard, Hot Water
  • Lot Size: 0.12 Acres

MAP & DIRECTIONS

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671-675 Forest Avenue, Portland, ME 04103
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School Information

671-675 Forest Avenue, Portland, ME 04103

Elementary School
Grades PK-5 | Public School
HOWARD C REICHE COMMUNITY SCHOOL
Portland, ME 04102
166 Brackett St
207.­874.8175
Distance: 1.6 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
395
Elementary School
Grades KG-5 | Public School
OCEAN AVENUE
Portland, ME 04103
150 Ocean Ave
207.­874.8180
Distance: 0.4 mi
School Rating
C-
Student:Teacher Ratio
11:1
Total Students
337
Middle School
Grades 6-8 | Public School
LYMAN MOORE MIDDLE SCHOOL
Portland, ME 04103
171 Auburn St
207.­874.8150
Distance: 2.5 mi
School Rating
C
Student:Teacher Ratio
10:1
Total Students
486
High School
Grades 9-12 | Public School
DEERING HIGH SCHOOL
Portland, ME 04103
370 Stevens Ave
207.­874.8260
Distance: 0.6 mi
School Rating
D
Student:Teacher Ratio
12:1
Total Students
749
High School
Grades 9-12 | Public School
CASCO BAY HIGH SCHOOL
Portland, ME 04103
196 Allen Ave
207.­874.8160
Distance: 1.9 mi
School Rating
A-
Student:Teacher Ratio
15:1
Total Students
395
Other Nearby Schools Distance Type Grades School Rating
Levey Day School 0.4 mi Private PK-6
Longfellow School-portland 0.6 mi Public KG-5 B
Lincoln Middle School 0.7 mi Public 6-8 D+
Cheverus High School 0.7 mi Private 9-12
St Brigid School 0.9 mi Private PK-8
King Middle School 1.1 mi Public 6-8 D-
Baxter Academy For Tech & Sciences 1.3 mi Public 9-12 A-
Breakwater School 1.5 mi Private PK-8
Portland High School 1.5 mi Public 9-12 D+
East End Community School 1.5 mi Public PK-5 D-
Presumpscot School 1.5 mi Public PK-5 D
Amanda C Rowe School 1.7 mi Public PK-5 D-
Waynflete School 1.9 mi Private PK-12
Portland Arts & Technology High School 1.9 mi Public
Gerald E Talbot Community School 2.1 mi Public PK-5 F
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Portland, ME 04103

Median Age: 39.1
Married: 40%
Number of Households: 13,476
Households with Children: 24.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.