280 Lincoln St, South Portland, Maine, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$1,575,000

280 Lincoln St
South Portland, Maine, United States

7ba

Listed By: Realtyww Info

Listed On: 08/09/2024

Listing ID: GL11673995 View More Details

Description

Located in South Portland's Ligonia neighborhood, this is a unique opportunity to purchase a turnkey 7-unit residential apartment building and a 5, 582 SF flex building, currently with 7-commercial tenants. The apartment building is in great condition, with many renovated units, two newer boilers, a brand-new deck, fresh paint and replacement windows. The flex building is divided into 7 studios/workshops, currently occupied by long term artists and ''maker'' tenants on an at-will basis. The owner occupies one of the commercial units as a workshop and can either remain as a tenant or vacate for a new owner. This property is ideal as a fully occupied investment or for an owner-user seeking shop space while offsetting occupancy costs with rental income.

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Listed by: Brit Vitalius