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Listed by Rachel Davey Vitalius Real Estate Group, LLC

$1,295,000

Est. payment - /mo

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3 Baths

2,393 SqFt

New

31 Bates ST Portland, ME 04103

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Meghan Maraghy

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,393 sqft

Price per Sqft $541

MLS Listing ID 1687468

Full Baths 3

HOA Y/N No

Year Built 1916

Tax Year 2027

Lot Size 6,969 Sqft

Acres 0.16

Source Maine Listings

Land Area 2393

Property Description

Enjoy seasonal views of Back Cove and the Portland skyline from this rare three-unit property in one of Portland's most desirable locations. With the Back Cove Trail right outside your door, you can enjoy morning walks along the water or take in the views from one of the property's private decks. Conveniently located near the future site of the Roux Institute, this property also offers easy access to the waterfront, downtown Portland, and surrounding neighborhoods. With strong rental income potential, it's an excellent opportunity for an owner-occupant looking to offset their mortgage while enjoying all that this location has to offer.

The third-floor owner-occupant unit is filled with natural light and features one bedroom, one bathroom, and an open kitchen, dining, and living area. Two private decks extend the living space outdoors, including one with views overlooking Back Cove.

The second-floor unit offers a spacious layout with great natural light throughout. Features include a large living room, a separate dining room with original built-ins, a generously sized kitchen, two bedrooms, and an updated bathroom. A private deck provides a nice spot for planting or grilling.

The first-floor unit also spans the full level and features a bright, inviting layout with a spacious living room and gas fireplace, a dining room with built-ins, and an updated kitchen with granite countertops and new cabinetry. A private deck completes the space.

Additional features include dedicated basement storage for each unit, coin-operated laundry, and parking for up to six vehicles, including a rare two-car garage. With numerous updates completed in recent years, this well-maintained property offers a great combination of location, flexibility, and income potential.

Location

State ME

County Cumberland

Zoning B-2b

Direction Located just off 295 North, Washington Ave and Baxter Blvd. Use GPS address 31 Bates St.

Body of Water Back Cove

Rooms

Basement Doghouse, Interior Entry, Full, Unfinished

Interior

Heating Electric, Gas Natural, Baseboard, Direct Vent Heater

Cooling None

Flooring Carpet, Wood

Fireplaces Number 1

Furnishings Negotiable

Fireplace Yes

Laundry Laundry - Coin

Exterior

Parking Features Common, Paved, 5 - 10 Spaces, Detached

Garage Spaces 2.0

View Scenic

Roof Type Shingle

Porch Deck

Garage Yes

Exclusions Propane heater in third floor unit.

Building

Lot Description Near Turnpike/Interstate, Near Town, Neighborhood, Sidewalks, Landscaped

Story 3

Water Public

Architectural Style Other

Level or Stories 3

Others

Tax ID PTLD-000429-J000007-000001

Nearby Locations

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Meghan Maraghy

Broker Associate

+1(978) 580-9612

31 Bates ST Portland, ME 04103

Meghan Maraghy

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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31 Bates ST