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237 Pine Point Road

Scarborough ME 04074

4
3045 sq. ft.
35283.6 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

This historic Scarborough property on Pine Point Road offers a rare combination of character, location, and investment potential. The large two-family underwent an extensive renovation down to the studs in 2014/2015, including new kitchens with granite countertops and stainless steel appliances, hardwood floors, updated baths with tiled showers, new furnaces (2), Andersen windows, closed-cell insulation, a new roof, and more. Each unit features a spacious 3-bedroom, 2-bath layout with generously sized bedrooms and comfortable living space. Out back, the existing barn adds potential for an ADU or other future use, subject to town approvals. Just minutes from Pine Point Beach and the Eastern Trail, the property offers excellent walkability and bikeability in one of Scarborough's most desirable coastal areas. Strong existing rents with additional upside make this a compelling opportunity for an owner-occupant or investor. ***Photos were taken while the property was vacant. Property is currently tenant-occupied.

Features

4 bathrooms
3045 sq. ft. floor area
35283.6 sq. ft. lot size
Multi-Family

Property history for 237 Pine Point Road

2019
Sold
$475,000
09 Aug 2019 by Sydney Harrison, of Town & Shore Associates LLC
2014
Sold
$210,000
04 Sep 2014 by Marie Flaherty, of Berkshire Hathaway HomeServices Northeast Real Estate

Happy sellers in Scarborough

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We have insufficient information to provide an overview of customer satisfaction for Scarborough. Viewing the agent profiles, reviews and sales for Scarborough can provide insights for this location.

Local market activity for multi families in Scarborough

In the last 12 months, 2 multi families similar to 237 Pine Point Road, have been sold.

This represents a 34% increase in multi families sales when compared to the previous 12 months.

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