About this home
Exceptional investment opportunity in Portland's highly desirable Deering Center/Rosemont neighborhood. This well-maintained multi-family property features three established units plus fully finished space with strong potential for a fourth unit (buyer to verify approvals and permitted use with city). Owner occupied since 2007, and the units are currently exempt from the rent increase limits imposed by the City of Portland for 3-4 unit buildings. the property offers a rare combination of off-street parking, a garage and a spacious backyard, providing added convenience and outdoor enjoyment for tenants and owners alike. Ideally situated within walking distance to the University of New England (UNE), the University of Southern Maine (USM), Rosemont Market, neighborhood shops, restaurants and everyday amenities. Outdoor enthusiasts will appreciate easy access to Evergreen Woods and its extensive network of approximately four miles on scenic walking and hiking trails. Whether you are an owner-occupant seeking supplemental income or an investor looking to expand your portfolio in one of Portland's most sought-after neighborhoods, this property offers outstanding versatility location and future upside.
Listing last checked: Listing updated:
Listed by Listing Agent · Greater Portland Realty · MLS #1669373
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Details at a glance
Interior3 property facts
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Carpet, Tile, Wood
Building5 property facts
- Style
- Other
- Year built
- 1879
- Garage
- 1
- Foundation
- Brick/Mortar
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.22 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RN-3
Financial2 property facts
- Annual taxes
- $10,669
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $885,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,364 / monthAdjust
- Principal & interest
- $4,475
- Property tax
- $889
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $10,669. 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 268 Concord Street W
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