About this home
This historic Scarborough property on Pine Point Road offers a rare combination of character, location, and investment potential. The large two-family underwent an extensive renovation down to the studs in 2014/2015, including new kitchens with granite countertops and stainless steel appliances, hardwood floors, updated baths with tiled showers, new furnaces (2), Andersen windows, closed-cell insulation, a new roof, and more. Each unit features a spacious 3-bedroom, 2-bath layout with generously sized bedrooms and comfortable living space. Out back, the existing barn adds potential for an ADU or other future use, subject to town approvals. Just minutes from Pine Point Beach and the Eastern Trail, the property offers excellent walkability and bikeability in one of Scarborough's most desirable coastal areas. Strong existing rents with additional upside make this a compelling opportunity for an owner-occupant or investor. ***Photos were taken while the property was vacant. Property is currently tenant-occupied.
Listing last checked: Listing updated:
Listed by Listing Agent · Keller Williams Realty · MLS #1678746
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Details at a glance
Interior4 property facts
- Heating
- Propane, Baseboard, Forced Air, Hot Water, Zoned
- Cooling
- None
- Flooring
- Carpet, Tile, Wood
- Fireplaces
- 2
Building5 property facts
- Style
- Duplex
- Year built
- 1840
- Garage
- 0
- Foundation
- Stone
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.81 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- R4A
Financial2 property facts
- Annual taxes
- $6,829
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $799,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,609 / monthAdjust
- Principal & interest
- $4,040
- Property tax
- $569
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $6,829. 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 237 Pine Point Road
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