69 Stanford Street, South Portland, ME 04106
$790,000
Property Type:
Multi-Family
Baths:
3
Square Footage:
2,650
Lot Size (sq. ft.):
4,356
Status:
Closed
Current Price:
$790,000
List Date:
9/09/2025
Last Modified:
12/12/2025
Overview
Description
...
(Read more)
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.
Listing Details MLS# 1623761
Location Information
- Street #
- 69
- Street Name
- Stanford
- Street Type
- Street
- County
- Cumberland
- Town
- South Portland
- State/Province
- ME
- Zip Code
- 04106
- Leased Land
- No
- Book
- 29043
- Page
- 211 - 212all
- Map
- 006
- Lot
- 076/C
- Zoning
- FV
- Zoning Overlay
- Unknown
- Association
- No
- Full Tax Amount $
- 7598
- Tax Year
- 2024
- Tree Growth Y/N
- No
Contract Information
- Original List Price
- 825000
Property Information
- Surveyed
- Unknown
- Seasonal
- No
- Owner Occupied
- No
- Number of Units
- 3
- Total Baths
- 3
- Total Full Baths
- 3
- Year Built
- 1900
- SqFt Finished Above Grade
- 2650
- SqFt Finished Total
- 2650
- SqFt Source
- Public Records
- Garage
- No
- Lot Size Acres +/-
- 0.1
- Source of Acreage
- Public Records
- Total Half Baths
- 0
- SqFt Finished Below Grade
- 0
Status Change Info
- Pending Date
- 2025-11-10
- Closed Date
- 2025-12-12
- Closed Price
- 790000
Water Info
- Water Frontage
- No
- Water View
- No
Units
- # of 1 BD Units
- Yes
- # of 3 BD Units
- 2
More Information
Unit 1
- Lease
- No
- Level
- First
- Security Deposit
- No
- # Full Baths
- Yes
- # of Rooms
- 6
- # of Bedrooms
- 3
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- Yes
- Dedicated Water Heater
- Yes
- Electric
- No
- Heat
- No
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
- Monthly Rent
- 0
Unit 2
- Lease
- No
- Level
- Second
- Security Deposit
- No
- # Full Baths
- Yes
- # of Rooms
- 7
- # of Bedrooms
- 3
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- Yes
- Dedicated Water Heater
- Yes
- Electric
- No
- Heat
- No
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
- Monthly Rent
- 0
Unit 3
- Lease
- Yes
- Level
- Third
- Security Deposit
- Yes
- Monthly Rent
- 1500
- # Full Baths
- Yes
- # of Rooms
- 3
- # of Bedrooms
- Yes
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- Yes
- Dedicated Water Heater
- Yes
- Electric
- No
- Heat
- No
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Utilities
- Utilities On
- Yes
Sold Info
- Appraiser Email Address
- jake.oceanside@outlook.com
Site
- Level
- Yes
Location
- Near Town
- Yes
Roads
- Paved
- Yes
- Public
- Yes
Style
- Colonial
- Yes
Construction
- Wood Frame
- Yes
Basement
- Full
- Yes
- Unfinished
- Yes
Exterior
- Vinyl Siding
- Yes
Roof
- Shingle
- Yes
Heat System
- Direct Vent Heater
- Yes
Heat Fuel
- Gas Natural
- Yes
Income & Expenses
- Gross Income
- 75180
- Operating Expenses
- 13495
Cooling
- None
- Yes
Floors
- Carpet
- Yes
- Vinyl
- Yes
- Wood
- Yes
Parking
- 5 - 10 Spaces
- Yes
Electric
- Circuit Breakers
- Yes
Gas
- Natural - On Site
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
Driveway
- Gravel
- Yes
Basement Entry
- Interior
- Yes
Water Heater
- Electric
- Yes
Vehicle Storage
- No Vehicle Storage
- Yes
Property Features
Site:
Level
Location:
Near Town
Roads:
Paved; Public
Style:
Colonial
Construction:
Wood Frame
Basement:
Full; Unfinished
Basement Entry:
Interior
Exterior:
Vinyl Siding
Roof:
Shingle
Heat System:
Direct Vent Heater
Heat Fuel:
Gas Natural
Water Heater:
Electric
Cooling:
None
Floors:
Carpet; Vinyl; Wood
Driveway:
Gravel
Parking:
5 - 10 Spaces
Vehicle Storage:
No Vehicle Storage
Electric:
Circuit Breakers
Gas:
Natural - On Site
Sewer:
Public Sewer
Water:
Public
Documents
Listing Office:
EXP Realty
IDX
Last Updated: December - 12 - 2025
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