$1,195,000
Located in the highly desirable Willard Beach neighborhood of South Portland, 238 Preble Street presents a rare opportunity to own a well-maintained 4-unit investment property just moments from the beach and vibrant Willard Square. Each spacious unit offers 2 bedrooms and 1 bathroom, providing strong rental appeal in one of… Read More Southern Maine's most sought-after coastal communities. Three of the four units have been fully renovated, featuring updated kitchens, baths, flooring, and modern finishes while maintaining the property's classic New England charm. Tenants enjoy easy access to Willard Beach, local restaurants, coffee shops, markets, and downtown Portland just minutes away. Whether you're looking to expand your portfolio or owner-occupy with additional rental income, this property combines location, lifestyle, and investment potential in an exceptional package. Read Less
Courtesy of Cottage & Co Real Estate 207-653-1188
Listing Snapshot
Days Online
0
Last Updated
Full Baths
4
Square Ft.
3,812
Lot Size
0.28 Acres
Year Built
1970
MLS Number
1661201
Market Snapshot - Source: Home Junction
30 Days Snapshot Of 04106
$586k
-2%
(avg) sold price
24
+26%
homes sold
16
-48%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Not Applicable"
Building
Architectural Style: "Split Level", Building Area Total: 3,812, Construction Materials: "Wood Frame", "Aluminum Siding", Number Of Units Total: 4, Year Built: 1970
Cooling
Cooling: "None"
Expenses
Operating Expense: $18,905
Exterior Features
Other Equipment: "Internet Access Available", "Cable"
Floors
Flooring: "Carpet", "Luxury Vinyl", "Vinyl"
Foundation
Foundation Details: "Slab", "Poured Concrete"
Heating
Heating: "Electric", "Gas Natural", "Baseboard", "Space Heater", "Zoned", Heating Included
Income
Gross Income: $92,400
Interior Features
Features: "Bathtub", "One-Floor Living"
Lot
Features: "Near Country Club", "Open", "Corner Lot", "Level", "Near Public Beach", "Near Town", "Neighborhood", "Suburban", "Near Public Transit", 0.28 acres, Area: 0.28, 12,197 square feet
Parking
Features: "Paved", "Common", "5 - 10 Spaces", "On Site"
Pets Policy
Pets Allowed: "No Dogs Allowed"
Property
Other Structures: "Shed(s)", Parcel Number: SPOR-000005-000000-000098, Zoning: G
Roof
Roof: "Pitched", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $11,720, Tax Lot: 98
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Mortgage Calculator- Source: AgentFire
Monthly Payment
$0
Brandon Elsemore
Owner & Managing Partner | Realtor® Licensed in ME & NH

Thank you for reaching out! I will be able to read this shortly and get ahold of you so we can chat.
~BrandonPlease Select Date
Please Select Type
Explore More
Similar Listings
Listing Information © Maine Real Estate Information System, Inc. All Rights Reserved.
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.

Confirm your time
Fill in your details and we will contact you to confirm a time.
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.










































