About this home
Attention contractors and investors--this two-unit property offers a prime opportunity to bring new life to a solid structure. While the home has experienced a period of neglect and requires significant renovation, the underlying bones are worth the effort. The front unit features a fireplace, adding character and future appeal once restored. Ideally located with convenient access to shopping, major roadways, and just minutes to downtown Portland, as well as UNE on Stevens Ave and USM on Forest Ave, this property sits in a highly desirable and accessible area. Positioned adjacent to railroad tracks, the setting may appeal to buyers seeking value and upside potential. Property is being sold as-is and is subject to short sale approval. Seller has no funds available for repairs or to contribute toward buyer closing costs or other concessions. Bring your vision and unlock the possibilities--this is a project with strong investment potential in a sought-after location.
Listing last checked: Listing updated:
Listed by Listing Agent · Coldwell Banker Realty · MLS #1659527
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Details at a glance
Interior4 property facts
- Heating
- Wood, Radiant
- Cooling
- None
- Flooring
- Carpet, Ceramic Tile, Linoleum
- Fireplaces
- 1
Building5 property facts
- Style
- Other
- Year built
- 1883
- Garage
- 0
- Foundation
- Brick/Mortar
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.15 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RN-3
Financial2 property facts
- Annual taxes
- $4,968
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $399,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,432 / monthAdjust
- Principal & interest
- $2,018
- Property tax
- $414
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,968. 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 33 Prospect Street
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Request a tour of 33 Prospect Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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