69 Newbury Street, Portland, ME 04101
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
69 Newbury Street,Portland, ME 04101
$2,100,000
- - Beds
- 5 Baths
- 4,438 sq. ft.
- Multi-family
- Active
Office: harborview properties, inc.
MLS#:1671572
Source:ME_MREIS
Price summary
- Price:$2,100,000
- Price per sq. ft.:$473.19
About this home
Mixed-use investment opportunity in Portland's desirable East End, an area that continues to see strong growth and investment. This four-unit property features three residential apartments and one commercial space, offering a combination of strong rental income, flexibility, and long-term value. The residential units include a completely renovated 2-bedroom, 1-bathroom apartment with a bonus room, a 2-bedroom, 1-bathroom apartment, and a renovated 3-bedroom, 2-bathroom apartment. Extensive capital improvements include a new roof (2023), new siding, new windows, three new heat pumps, updated plumbing and electrical systems, renovated kitchens and bathrooms, and substantial improvements to the commercial space. The commercial unit offers a versatile blank canvas with several approved uses, including food & beverage, office, retail, and more, with a renovated shell ready for customization. This flexible commercial component offers an opportunity to tailor the space to a variety of uses while complementing the property's existing residential income. Steps from the Roux Institute, Eastern Promenade, East End Beach, the Old Port, Portland's waterfront, and countless restaurants, breweries, coffee shops, and local retail shops. This is a rare opportunity to acquire a well-improved mixed-use asset in a growing Portland neighborhood with strong fundamentals and continued upside. Showings by appointment only. Please allow a minimum of 48 hours' notice. Please see the attached list of capital improvements for a summary of recent renovations and upgrades....
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Home facts
- Year built:1905
- Listing ID #:1671572
- Updated:October 23, 2026 at 10:53 AM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:4
- Flooring:Carpet, Hardwood, Laminate
- Basement Description:Exterior Entry, Walk-Out Access
- Living area:4,438 sq. ft.
Heating and cooling
- Cooling:Window Unit (s)
- Heating:Baseboard, Electric, Heat Pump, Heating, Hot Water, Oil
Structure and exterior
- Roof:Shingle
- Year built:1905
- Building area:4,438 sq. ft.
- Lot area:0.04 Acres
- Lot Features:Intown, Level, Near Public Beach, Near Public Transit, Near Shopping, Near Turnpike/Interstate, Neighborhood, Sidewalks
- Construction Materials:Vinyl Siding, Wood Frame
- Foundation Description:Brick/Mortar
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,100,000
- Price per sq. ft.:$473.19
- Tax amount:$9,946 (2024)
Parking
- Parking description:No Driveway, None, Off street
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