7 Huntress Street, Portland, ME 04102 (MLS # 1666409)

Price $2,195,000
Status Active
Beds 0
Baths 10 Baths
Home size 9,980 sqft
Lot Size 10,455 sqft
7 Huntress Street presents exceptionally well as a professionally managed 10-unit multifamily asset in one of Portland's most desirable in-town locations. Ideally situated near Maine Medical Center, Thompson's Point, downtown Portland, and major transportation routes, the property offers both stable cash flow and long-term investment appeal. Current ownership has made numerous thoughtful capital improvements, including replacement of the original cast iron plumbing with PVC, recent boiler servicing, repairs to the rubber roof, new carpeting in one apartment and in the right-side common hallway, two new ceilings, updated blinds and interior paint, a new bathroom window, and updated appliances including a new stove, refrigerator, and sink in one unit. The property also benefits from two new washers and two new dryers, while six of the apartments now feature modern keyless entry systems. Parking is a significant value add, offering nine total spaces, including four garage bays plus additional off-street parking. Ownership has also identified an opportunity for the next investor to increase revenue through strategic parking rental income, creating additional upside beyond the existing rental stream. Well maintained with a strong history of ownership and meaningful recent updates. A rare opportunity to acquire a turnkey multifamily asset with both immediate stability and future income potential in Portland's thriving rental market
Property Type(s): Multi Family
Last Updated 6/10/2026 Year Built 1910
Garage Spaces 4.0 County Cumberland

Additional Details

AIR None
BASEMENT Daylight, Finished, Full, Interior Entry, Unfinished, Walk-Out Access, Yes
CONSTRUCTION Frame, Vinyl Siding
GARAGE Yes
HEAT Baseboard, Hot Water, Radiant, Zoned
INTERIOR Storage
LOT 10454 sq ft
LOT DESCRIPTION Corner Lot, Landscaped, Level, Near Public Transit
LOT DIMENSIONS 0.24
MLS STATUS Active
PARKING Common, On Site, Off Street, Detached
SEWER Public Sewer
STORIES 3
STYLE Other
TAXES 21928
UTILITIES Natural Gas Available
WATER Public
Listing provided by RE/MAX Shoreline

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