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23-25 Forest St - RE Foreclosure Auction 25-18, 2-Family Home

2 Unit Apartment Building Offered For Sale in Portland, ME 04102

Investment Highlights

  • Circa 1874 Mansard style 2-family home (1,530+/-SF) with attached 1-car garage
  • Full basement and a covered front porch

Executive Summary

Real Estate Foreclosure Auction 25-18
2-Family Home, Corner Lot, 1-Car Garage
23-25 Forest Street, Portland, Maine
Wednesday, February 12, 2025 at 2PM
Real Estate: Consists of a .0489+/- acre corner parcel with 39+/- ft. on Forest Street and 54.78+/- ft. on Boynton Street. Improving the site is a circa 1874 Mansard style 2-family home (1,530+/-SF) with attached 1-car garage. The first unit has 2-bedrooms and 1-bath and the second unit has 1-bedroom and 1-bath. There is a full basement and a covered front porch. Reference Tax Map 53, Block A, Lot 13.
Preview (Pending Access): Wednesday, January 29, 2025 from 1-2PM
Buyer's Broker Participation Program Available. Contact Auctioneer's Office for Qualifications.
Directions: From the intersection of I295 and Congress St., follow Congress St. east .4 miles to Forest St. on the left, follow to the property on the right.
Terms:A $10,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to Demerle & Associates P.C. (deposited with the Auctioneer as a qualification to bid), with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by release deed. Buyer will be responsible for an auction fee of 5% of the purchase price to be paid at the time of closing. All other terms will be announced at the public sale. For a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction #25-18. Richard J. Keenan #236. Our 53rd Year and 8,727th Auction.

Property Facts

Sale Type Investment
No. Units 2
Property Type Multifamily
Lot Size 0.05 AC
Building Size 1,530 SF
No. Stories 2
Year Built 1874
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 34424866

  • Date on Market: 1/9/2025

  • Last Updated:

  • Address: 23-25 Forest St, Portland, ME 04102

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