30 Chesley Ave - Apartments FOR SALE


Portland, ME 04103- North Deering
$695,000 USD
207-544-4100
30 Chesley Ave, Portland, ME for Sale
$695,000 USD
Apartments - FOR SALE
1/4
null | 4.97% Cap Rate

30 Chesley Ave
Portland, ME 04103
North Deering


HIGHLIGHTS

  • Turnkey well-maintained three-unit apartment building located on a quiet, dead-end street in the desirable neighborhood of North Deering
  • Separately metered utilities for each unit (heat, hot water, & electric), plus dedicated off-street parking

OVERVIEW

This turnkey, well-maintained three-unit apartment building is located on a quiet, dead-end street in the desirable North Deering neighborhood. Recent upgrades include a new asphalt driveway (2019), a new roof (2024), new exterior decking and stairs (2024–2025), a new furnace (2025), a repointed chimney (2025), and exterior siding repairs with fresh paint (2025). Each unit features separately metered utilities for heat, hot water, and electricity, along with dedicated off-street parking. The property is ideal for owner-occupants looking to offset ownership costs or investors seeking steady cash flow. It’s also conveniently walkable to parks, schools, shopping, restaurants, and local trails.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$290 USD /SF

# OF UNITS

6

PRICE/UNIT

$115,833

CAP RATE

4.97%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three-Unit Apartment Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1935

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

RN-3

APN/PARCEL ID

PTLD-000439-000000-E005001

ASK ABOUT THIS PROPERTY

Noah StebbinsThe Boulos CompanyMore Info
207-544-4100

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Noah StebbinsThe Boulos CompanyMore Info
207-544-4100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.