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Bean Group
Offered at $699,000Pending
beds
5
baths
3
sq ft
2,487
Built
1900

14 Devon Street

Portland, ME 04102

About this home

New Price and owners say sell! Offered for sale by the Estate, it has been owned by the same family for decades.The property presents excellent potential, including the possibility of adding ADU units where the 2-car garage stands or maybe subdividing the 12,000 sf large lot - all with City approval needed of course. Currently, it is the perfect multi-generational home with room for a nanny or in-law. Offering classic charm and sitting on a generous lot in Portland's convenient Nason's Corner neighborhood, it is Ideally located close to everything. It is within walking distance to Portland Trails, local schools, The Sinful Kitchen, Applebee's, a neighborhood corner store, the Lowe's shopping center, and is within biking distance to New England College, Capisic Pond Park, and Rosemont Market. The small first floor unit with its own entrance was once used as a third unit and with City approval might be able to be used again as an ADU or as in in-law or guest suite. It would add two bedrooms and a full bath giving the first floor 4 bedrooms. Another possible use for the addition, also with City permission, is an in-home occupation such as a hair salon or office. The first-floor apartment features two bedrooms, an eat-in kitchen, a living room, and a full bath as well as basement access. It is heated by oil, with the tenant responsible for oil and electricity. The second-floor apartment, which includes the third floor, offers two or three bedrooms, a living room, dining room, and kitchen, along with basement access. This unit is heated by a propane monitor, with the tenant paying for propane and electricity. Hard to believe this is still on the market! The estate has reduced the price and is entertaining all reasonable offers. It is now available for immediate occupancy. Portland rent control does not apply if the property is purchased by an owner/occupant. Opportunity knocks!

Listing last checked: Listing updated:

Listed by Listing Agent · HarborCity Realty · MLS #1675231

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Details at a glance

Interior5 property facts
Rooms
12
Heating
Oil, Hot Water
Cooling
None
Flooring
Vinyl, Wood
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1900
Garage
2
Foundation
Brick/Mortar
Roof
Fiberglass
Land & utilities4 property facts
Lot size
0.27 acres
Water
Public
Sewer
Public Sewer
Zoning
RN3
Financial2 property facts
Annual taxes
$9,480
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $699,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,325 / monthAdjust
Principal & interest
$3,535
Property tax
$790
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $9,480. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 14 Devon Street

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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