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135 Ocean St

South Portland ME 04106

3
2583 sq. ft.
4791.6 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

135 Ocean Street -- Prime investment in Knightville. This well-maintained mixed-use building on one of South Portland's most sought-after blocks presents a rare opportunity for stable income and long-term growth. The property includes two residential units and a first-floor commercial space, all currently occupied by long-term tenants. The commercial tenant operates a medical cannabis business and has been in place for seven years, providing a dependable anchor for the building. Located in the heart of the neighborhood's activity and close to transit, shops and services, this property is an attractive option for an investor seeking steady cash flow and future upside. GROUP SHOWINGS: Tuesday 7/28, 1:30 - 2:30 and Thursday 7/30, 1:30 - 2:30

Features

3 bathrooms
2583 sq. ft. floor area
4791.6 sq. ft. lot size
Multi-Family

Property history for 135 Ocean St

2018
Sold
$435,000
27 Nov 2018 by Alexander Matthews, of Flynn & Company Real Estate, LLC

Happy sellers in South Portland

100%
100% of sellers in South Portland reported that their sale price either exceeded or met their price expectations.

South Portland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in South Portland over the last 12 months.

Local market activity for multi families in South Portland

In the last 12 months, 19 multi families similar to 135 Ocean St, have been sold.

This represents a 10% increase in multi families sales when compared to the previous 12 months.

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