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280 Lincoln Street
South PortlandME 04106

$1,575,000
New Listing For Sale
Tools
Brochure
Size
7
Full Baths
9,854 Sq Ft.
interior
0.69 Acres
Exterior
Financial
$1,575,000
Change Currency
$160
Price Per Sqft
$13,892
Annual taxes
Listing Details
Other
Property type
1900
Year Built
13135280
Web Id
1599566
MLS ID
Today

Description

280 Lincoln Street,

South Portland, ME 04106

Located in South Portland's Ligonia neighborhood, this is a unique opportunity to purchase a turnkey 7-unit residential apartment building and a 5,582 SF flex building, currently with 7-commercial tenants. The apartment building is in great condition, with many renovated units, two newer boilers, a brand-new deck, fresh paint and replacement windows. The flex building is divided into 7 studios/workshops, currently occupied by long term artists and ''maker'' tenants on an at-will basis. The owner occupies one of the commercial units as a workshop and can either remain as a tenant or vacate for a new owner. This property is ideal as a fully occupied investment or for an owner-user seeking shop space while offsetting occupancy costs with rental income.

This is an Active listing.

Broker Office Phone Number: 207-541-3755

Copyright © 2024Maine 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.

Amenities

  • Laminate Flooring
  • Concrete Flooring

Price History

datepricevariancetype
9/25/2024$1,575,000-Listed
Listing By: Vitalius Real Estate Group, LLC via Data Source: Maine Real Estate Information System, Inc. 
listing agent: Briton Vitalius


Located at 280 Lincoln Street, South Portland, Maine 04106, this Other is for Sale with a price of $1,575,000 USD. The property was built in 1900, has 7 full baths. This listing has 9,854 Sq.Ft. of interior space on a lot of .69 Acres. See all Homes for Sale in South Portland.
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