159 High Street, South Portland, ME 04106
$1,150,000
Property Type:
Multi-Family
Baths:
4
Square Footage:
3,733
Lot Size (sq. ft.):
6,534
Status:
Active Under Contract
Current Price:
$1,150,000
List Date:
3/21/2025
Last Modified:
3/24/2025
Description
Welcome to 159 High St, a well maintained multi-unit property in one of South Portland's most sought-after locations! Located in the historic Ferry Village, this 4-unit property offers an exceptional investment opportunity or a comfortable owner-occupied residence. Its location is a short distance from the scenic Greenbelt Walkway and a short bike ride to Willard Beach, SMCC, and Buglight Park, which offers the perfect blend of convenience and coastal living. This property consists of 3 recently updated two bedroom units and 1 one bedroom, with a fenced-in yard. Most of the windows have been replaced and a new roof installed in 2024. There is a 2-car garage with a large driveway and enough parking spaces for up to 8 cars. Whether you're looking to owner-occupy and offset your mortgage or seeking a strong addition to your investment portfolio, this property is a rare find in the high-demand rental market in South Portland. Don't miss out on this incredible opportunity to own a versatile, income-generating property in the desirable Ferry Village location. Call today to schedule your appointment!
Supplements: ********
More Information MLS# 1616357
Location Information
Street #: 159
Street Name: High
Street Type: Street
County: Cumberland
Town: South Portland
State/Province: ME
Zip Code: 04106
Zip +4: 1522
Leased Land: No
Book: 34421
Page: 293
Map: 006
Lot: 016
Zoning: Residential G
Zoning Overlay: No
Association: No
Full Tax Amount $: 9387
Tax Year: 2024
Geo Lat: 43.647154
Geo Lon: -70.243041
Contract Information
Status: Active Under Contract
Original List Price: 1150000
List Price: $1,150,000
Current Price: $1,150,000
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
2 Detached Houses on 1 Lot: No
Number of Units: 4
Total Baths: 4
Total Full Baths: 4
Color: Green
Year Built: 1900
SqFt Finished Above Grade: 3733
SqFt Finished Total: 3733
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 2
Lot Size Acres +/-: 0.15
Source of Acreage: Public Records
Status Change Info
Kick-Out: No
Water Info
Water Frontage: No
Water View: No
Units
# of 1 BD Units: 1
# of 2 BD Units: 3
Unit 1
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 1300
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: No
Sewer: Yes
Water: Yes
Unit 2
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1975
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 2200
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Utilities
Utilities On: Yes
Property Features
Site: Level; Sidewalks
Location: Intown; Near Public Beach; Near Shopping; Neighborhood
Roads: Paved; Public
Transportation: Near Airport; Public Transport Access
Recreational Water: Nearby; Public
Style: Colonial
Construction: Wood Frame
Basement: Full; Unfinished
Basement Entry: Interior
Foundation Materials: Brick/Mortar; Stone
Exterior: Vinyl Siding
Roof: Shingle
Heat System: Baseboard; Heat Pump; Hot Water
Heat Fuel: Gas Natural
Water Heater: Off Heating System
Cooling: Heat Pump
Floors: Carpet; Laminate; Tile; Wood
Window Features: Double Pane Windows
Amenities: Bathtub; Fence; Laundry - Coin; Shower
Patio and Porch Features: Deck
Energy Efficiency: Ceiling Fans; Insulated Foundation
Driveway: Paved
Parking: 5 - 10 Spaces; On Site; Paved
Vehicle Storage: 2 Car; Detached
Restrictions: No Dogs Allowed
Electric: Circuit Breakers; Generator Hookup
Gas: Natural - On Site
Sewer: Public Sewer
Water: Public
Documents
Income & Expense ›Listing Office: North Star Realty
Last Updated: March - 24 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
