69 Newbury Street, Portland, ME 04101 (MLS # 1671572)

Price $2,100,000
Status Active
Beds 0
Baths 5 Baths
Home size 4,438 sqft
Lot Size 1,743 sqft
Mixed-use investment opportunity in Portland's desirable East End, an area that continues to see strong growth and investment. This four-unit property features three residential apartments and one commercial space, offering a combination of strong rental income, flexibility, and long-term value. The residential units include a completely renovated 2-bedroom, 1-bathroom apartment with a bonus room, a 2-bedroom, 1-bathroom apartment, and a renovated 3-bedroom, 2-bathroom apartment. Extensive capital improvements include a new roof (2023), new siding, new windows, three new heat pumps, updated plumbing and electrical systems, renovated kitchens and bathrooms, and substantial improvements to the commercial space. The commercial unit offers a versatile blank canvas with several approved uses, including food & beverage, office, retail, and more, with a renovated shell ready for customization. This flexible commercial component offers an opportunity to tailor the space to a variety of uses while complementing the property's existing residential income. Steps from the Roux Institute, Eastern Promenade, East End Beach, the Old Port, Portland's waterfront, and countless restaurants, breweries, coffee shops, and local retail shops. This is a rare opportunity to acquire a well-improved mixed-use asset in a growing Portland neighborhood with strong fundamentals and continued upside. Showings by appointment only. Please allow a minimum of 48 hours' notice. Please see the attached list of capital improvements for a summary of recent renovations and upgrades.
Property Type(s): Multi Family
Last Updated 10/13/2026 Year Built 1905
County Cumberland

Additional Details

AIR Heat Pump, Window Unit(s)
AIR CONDITIONING Yes
BASEMENT Exterior Entry, Walk-Out Access, Yes
CONSTRUCTION Frame, Vinyl Siding
HEAT Baseboard, Electric, Heat Pump, Hot Water, Oil
LOT 1742 sq ft
LOT DESCRIPTION Level, Near Public Transit
LOT DIMENSIONS 0.04
MLS STATUS Active
PARKING None, Off Street
SEWER Public Sewer
STORIES 3
STYLE Other
TAXES 9946
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
WATER ACCESS Portland Harbor
Listing provided by Harborview Properties, Inc.

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