316 Congress St
Portland, ME 04101

Priced below market to ensure a quick and drama free sale; this quality brick 7 unit with separate commercial is located in the heart of Portland's prosperous peninsula. On the corner of Franklin Arterial and Congress the commercial space enjoys tremendous car and foot traffic counts and maximum visibility. The commercial unit has had many uses with its best and maybe a new tenant or owner/user yet to come. Overall this is as good as it gets for walking, biking and living with countless restaurants, shops, boutiques, galleries, theaters and other in close proximity. The building is well maintained and has had many, many updates. The units are generous and enjoy natural light and lots of period charm. Rents are below market so there's lots of upside. Condo conversion would be easy and highly profitable with many similar units in the immediate area selling in the mid $300's and others for much, much more. Tenants pay electric and owner pays heat and hot water off an updated system. In a time of uncertainty this is a tangible and profitable investment / asset that YOU control. It's the ideal addition to your portfolio or the perfect step up from the typical 3-4 unit selling for the same price. SHOWINGS - agents and serious buyers only. Seller prefers a 30-45 day closing and will not evict tenants pre closing. Call or email listing team with questions. Visit our Facebook page for a walk-through video tour of the property.