56 Atlantic StreetPortland, ME 04101Sale Price: $950,000

It's all about LOCATION and this one is simply perfect!!! Solid duplex on Atlantic Street, with ocean views right down the street! Walk to the Eastern Prom for the park, tennis courts, food trucks, marina, dog beach, and more from this home!!! It's only 3 blocks away! Theater, coffee shops and art galleries just down the street, plus a host of food trucks and the Casco Bay Ferry system around the corner. Both units have dedicated porches, washer/dryers, gas meters, CMP panel boxes and separate heat systems. The building was seriously upgraded in 2017 with new granite, some plumbing, gleaming pine floors, some newer carpets, updated bathrooms, new roof, windows, insulation, and fixtures. Strong rental history. BOTH units are BELOW market. 1st floor should rent for $1850 and 2nd floor $5000 p month, not including heat. Perfect for owner occupy as well!! First floor has one bath, one large bedroom and an office or second bedroom. Both units share the basement and there is a bulkhead plus a side door off the first floor porch for ease of storage. Second unit is a combination of second and third floors with egress on each. This makes superior living for roommates or a larger family......RARE two bathroom, four bedrooms or set it up with 2 living spaces as current residences do. Enjoy some open walls, exposed brick, period details, plaster and dry wall ceilings, custom kitchen cabinets, and two porches. The top porch has some OCEAN VIEWS seasonally!!! Both abutters are owner occupied homes!! Large driveway for 2, private backyard with new fencing, all great for setting up the grill or exercising pets!!! There is enough land mass to qualify for a CONFORMING 3rd unit probably, per the new zoning guidelines adopted Dec. 2020. See broker for details. Rents are under market rate, owner lives on the second floor. This is a rare offering and you will be pleased to add this building to your portfolio or even better.......live here