South Portland, ME 04106,69 Stanford ST
South Portland, ME 04106,69 Stanford ST
South Portland, ME 04106,69 Stanford ST
South Portland, ME 04106,69 Stanford ST
South Portland, ME 04106,69 Stanford ST
South Portland, ME 04106,69 Stanford ST
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Listed by EXP Realty
Bought with Benchmark Real Estate 

$790,000

$775,000

1.9%
Est.Price: ?

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3 Baths

2,650 SqFt


SOLD DATE : 12/12/2025

Key Details

Sold Price $790,000

Property Type Multi-Family

Listing Status Sold

Square Footage 2,650 sqft

MLS Listing ID 1623761

Sold Date 12/12/25

Style Colonial

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,650

Year Built 1900

Annual Tax Amount $7,598

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Source Maine Listings

Land Area 2650

Property Description

69 Stanford Street in South Portland is a smart, flexible investment in one of Southern Maine's most sought-after rental locations. This well-maintained three-unit property offers strong income potential with separate electric, heat, and hot water utilities for each unit—keeping operating costs low and returns strong. Units 1 and 2 are refreshed and move-in ready, giving owner-occupants the option to live in one unit while collecting rent from the others or allowing investors to place quality tenants on their own terms. Each of these units is estimated to earn between $2,400 and $2,700 per month, offering immediate upside. Unit 3 is currently occupied, providing dependable rental income from day one. The property includes both off-street and on-street parking and features a coin-operated washer and dryer for added revenue. Its location is unbeatable—just minutes to downtown Portland, Willard Beach, and South Portland's favorite restaurants, coffee shops, and local spots. Whether you're building your portfolio or looking for a home that helps pay the bills, this property offers a rare mix of cash flow, long-term value, and lifestyle convenience. With strong tenant appeal and flexible occupancy options, 69 Stanford Street stands out as a versatile and high-performing asset in a market known for stability and growth.

Location

State ME

County Cumberland

Zoning FV

Rooms

Basement Interior, Full, Unfinished

Interior

Heating Direct Vent Heater

Cooling None

Flooring Wood, Vinyl, Carpet

Exterior

Parking Features 5 - 10 Spaces, Gravel

Utilities Available 1

View Y/N No

Roof Type Shingle

Street Surface Paved

Garage No

Building

Lot Description Level, Near Town

Sewer Public Sewer

Water Public

Architectural Style Colonial

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Gas Natural

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Maine MLS (MREIS) IDX

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