Current Price:$1,395,000List Date:6/24/2026Last Modified:6/25/2026
Description
Enjoy seasonal views of Back Cove and the Portland skyline from this rare three-unit property in one of the city's most desirable locations. Step out your door to the Back Cove Trail for morning walks, or enjoy coffee on your deck while taking in the water views. With strong rental income potential, this property offers the ideal opportunity to offset your mortgage while living in a premier setting.
The owner-occupant third floor unit is filled with natural light and features 1 bedroom and 1 bathroom with an open kitchen, dining, and living area. Two private decks extend the living space outdoors, including one with views overlooking Back Cove.
The second floor spans the entire level and offers exceptional light throughout. It includes a spacious living room, a separate dining room with original built-ins, a large kitchen, two well-sized bedrooms, and an updated bathroom. A private deck completes this inviting unit.
The first floor also occupies the full level and features a sun-filled layout with a spacious living room and gas fireplace, a dining room with built-ins, and an updated kitchen with granite countertops and new cabinetry. This unit also enjoys a private deck for outdoor living.
The basement provides dedicated storage for each unit along with coin-operated laundry. Additional amenities include parking for up to six vehicles between parking lot and a rare two-car garage. Numerous updates have been completed in recent years, making this a well-maintained and versatile investment opportunity.
A truly special offering on Back Cove that combines location, views, and income potential.
Status: ActiveOriginal List Price: 1395000List Price: $1,395,000Current Price: $1,395,000
Property Information
Surveyed: NoSeasonal: NoNumber of Units: 3Total Baths: 3Total Full Baths: 3Color: YellowYear Built: 1916SqFt Finished Above Grade: 2393SqFt Finished Total: 2393SqFt Source: Public RecordsFurniture: NegotiableGarage: YesGarage Spaces: 2Lot Size Acres +/-: 0.16Source of Acreage: Public Records
Water Info
Water Frontage: NoWater View: YesWater Body Name: Back Cove
Building Info
# Fireplaces: 1# Stories: 3# Floors: 3# Water Heaters: 3
Units
# of 1 BD Units: 1# of 2 BD Units: 2
Fixtures Exclusions
Fixtures Exclusions: Gas heater on 3rd floor will be removed
Unit 1
Lease: NoLevel: FirstSecurity Deposit: YesMonthly Rent: 1860# Full Baths: 1# of Rooms: 5# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 2
Lease: NoLevel: SecondSecurity Deposit: YesMonthly Rent: 1780# Full Baths: 1# of Rooms: 5# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 3
Lease: NoLevel: ThirdSecurity Deposit: No# Full Baths: 1# of Rooms: 3# of Bedrooms: 1Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Property Features
Site: Sidewalks; Well LandscapedLocation: Near Town; Near Turnpike/Interstate; NeighborhoodRoads: PublicWater Body Type: CoveView: ScenicStyle: OtherConstruction: Wood FrameBasement: Full; UnfinishedBasement Entry: Doghouse; InteriorExterior: Vinyl SidingRoof: ShingleHeat System: Baseboard; Direct Vent HeaterHeat Fuel: Gas NaturalWater Heater: GasCooling: NoneFloors: Carpet; WoodAmenities: Laundry - Coin; One-Floor LivingPatio and Porch Features: DeckDriveway: Common; PavedParking: 5 - 10 SpacesVehicle Storage: 2 Car; DetachedElectric: Circuit BreakersGas: Natural - On SiteSewer: Public SewerWater: Public