69 Stanford Street, South Portland, ME 04106
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
69 Stanford Street,South Portland, ME 04106
$775,000
- - Beds
- 3 Baths
- 2,650 sq. ft.
- Multi-family
- Pending
Listed by: john krouse
Office: exp realty
MLS#:1623761
Source:ME_MREIS
Price summary
- Price:$775,000
- Price per sq. ft.:$292.45
About this home
69 Stanford Street in South Portland is a smart, flexible investment in one of Southern Maine's most sought-after rental locations. This well-maintained three-unit property offers strong income potential with separate electric, heat, and hot water utilities for each unit—keeping operating costs low and returns strong. Units 1 and 2 are refreshed and move-in ready, giving owner-occupants the option to live in one unit while collecting rent from the others or allowing investors to place quality tenants on their own terms. Each of these units is estimated to earn between $2,400 and $2,700 per month, offering immediate upside. Unit 3 is currently occupied, providing dependable rental income from day one. The property includes both off-street and on-street parking and features a coin-operated washer and dryer for added revenue. Its location is unbeatable—just minutes to downtown Portland, Willard Beach, and South Portland's favorite restaurants, coffee shops, and local spots. Whether you're building your portfolio or looking for a home that helps pay the bills, this property offers a rare mix of cash flow, long-term value, and lifestyle convenience. With strong tenant appeal and flexible occupancy options, 69 Stanford Street stands out as a versatile and high-performing asset in a market known for stability and growth.
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Home facts
- Year built:1900
- Listing ID #:1623761
- Updated:November 11, 2025 at 03:41 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,650 sq. ft.
Heating and cooling
- Heating:Direct Vent Heater
Structure and exterior
- Year built:1900
- Building area:2,650 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$292.45
- Tax amount:$7,598 (2024)
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