Portland, ME 04102 91 Washburn Avenue
$864,900



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Presented By: The Real Estate Store;
Home Details
Charming 3-Unit Investment Property Near USM - Prime Portland Location
Nestled in a desirable, walkable neighborhood near the University of Southern Maine, this classic Portland 3-unit offers timeless appeal and solid investment potential. Each unit features original hardwood floors, and architectural details that speak to the building's historic character - lots of character and vintage built-ins.
Set on a generous lot, the property boasts a large yard - a rare find in this urban setting - perfect for gardening, entertaining, or relaxing outdoors. Tenants enjoy a peaceful, tree-lined street just minutes from local shops, cafes, and public transportation.
The building has a strong, established rental history with steady cash flow and minimal vacancy. Whether you're a seasoned investor or an owner-occupant looking to offset your mortgage, this is a smart, turnkey opportunity in Maine's most sought-after city.
Presented By: The Real Estate Store;
Interior Features for 91 Washburn Avenue
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
Above Grade Finished Area3369.0
Air Conditioning Y/NNo
BasementInterior, Full
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringWood
Heating Y/NYes
Laundry FeaturesWasher Hookup
General for 91 Washburn Avenue
Additional Parcels Y/NNo
Architectural StyleColonial
Attached Garage No
Carport Y/NNo
CityPortland
Construction MaterialsWood Siding, Wood Frame
CoolingNone
CountyCumberland
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths3
Garage Spaces1.0
Garage Y/NYes
Gross Income69494.4
HOANo
HeatingBaseboard
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4791.6
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total3
Operating Expense13882.07
Patio/Porch FeaturesDeck, Porch
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount8998.0
Tax Lot012
Tax Year2024
UtilitiesUtilities On
Year Built1930
ZoningR5
Exterior for 91 Washburn Avenue
Building Area Total3369.0
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Sidewalks, Intown
Lot Size Acres0.11
Lot Size Area0.11
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features1 - 4 Spaces, Paved, Detached
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

Shelley Kennagh
Senior Loan Officer