South Portland, ME 04106 69 Stanford Street
$825,000



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Presented By: EXP Realty;
Home Details
Welcome to 69 Stanford St, South Portland! This well-maintained 3-unit property is a prime opportunity for investors, owner-occupants, or multi-generational living. Located in a desirable neighborhood, this building offers strong rental income potential with each unit separately metered—tenants pay their own electric, heat, and hot water.
A new roof on the water side of the building will be completed by June 1st, offering peace of mind and added value. The property includes both off-street and on-street parking and features a coin-operated washer and dryer for additional income. Whether you're looking to live in one unit and rent the others, house extended family, or build your investment portfolio, this property offers flexibility and financial upside.
Enjoy walkable or short-drive access to some of South Portland's top dining and entertainment spots including North 43 Bistro, Saltwater Grille, Willard Beach, Thompson's Point, and The Maine Mall. With easy access to downtown Portland and public transportation, this property checks all the boxes for location, lifestyle, and long-term value.
Open House Wednesday, June 11th from 4-5:30pm
Reach out if you can't access the video of the property.
Presented By: EXP Realty;
Interior Features for 69 Stanford Street
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
Above Grade Finished Area2650.0
Air Conditioning Y/NNo
BasementInterior, Full, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringWood, Vinyl, Carpet
Heating Y/NYes
General for 69 Stanford Street
Additional Parcels Y/NNo
Architectural StyleColonial
Attached Garage No
Carport Y/NNo
CitySouth Portland
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyCumberland
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths3
Garage Y/NNo
Gross Income75180.0
HOANo
HeatingDirect Vent Heater
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4356.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total3
Operating Expense13495.0
Property TypeMulti-Family
Property_sp_Information_co_Owner_sp_OccupiedNo
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount7598.0
Tax Lot076/C
Tax Year2024
UtilitiesUtilities On
Year Built1900
ZoningFV
Exterior for 69 Stanford Street
Building Area Total2650.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Near Town
Lot Size Acres0.1
Lot Size Area0.1
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features5 - 10 Spaces, Gravel
Road Surface TypePaved
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

Malayka Harriman
Listing/Buyer Specialist