

850 WASHINGTON AVE PORTLAND ME 04103
Turnkey Two-Unit Near Downtown Portland & the Roux Institute
Marketing description
Opportunity, flexibility, and location come together at 850 Washington Avenue, a beautifully renovated two-unit property in one of Portland's most exciting growth corridors. Situated on over half an acre, this turnkey investment features two spacious 2-bedroom units, a detached 2-car garage, abundant off-street parking, and an expansive backyard, an increasingly rare find within the city. Both units have been thoughtfully updated with timeless finishes including white cabinetry, granite countertops, updated appliances, stylish bathrooms, and in-unit laundry. Separate gas and electric meters, along with newer boilers, make ownership and management simple and efficient. Whether you're an investor seeking a strong addition to your portfolio, an owner-occupant looking to offset your mortgage with rental income, or a parent searching for housing near Portland's rapidly growing educational and innovation district, this property offers exceptional versatility. Located just minutes from Downtown Portland, Back Cove, Payson Park, Tipo, Monte's Fine Foods, and countless local amenities, the property also benefits from its proximity to the Roux Institute and the transformative investment occurring throughout the surrounding neighborhood. As Portland continues to emerge as a hub for technology, research, education, and entrepreneurship, demand for housing in this area is expected to remain strong. Live in one unit and rent the other. Add a turnkey asset to your investment portfolio. Secure housing for a student, researcher, or professional while building equity in one of Portland's most desirable markets. With updated interiors, strong rental appeal, a large lot, garage parking, and an unbeatable location, 850 Washington Avenue presents an opportunity that is becoming increasingly difficult to find in Portland. A smart investment today--and an exciting opportunity for tomorrow! GROUP SHOWINGS TUES/THURS 1-2 PM
Investment highlights
Fully Renovated Two-Unit Property
Two Spacious 2-Bedroom Apartments
Separate Gas & Electric Meters
Newer, Efficient Heating Systems
Detached 2-Car Garage
Over ½ Acre Lot with Ample Off-Street Parking
Strong Owner-Occupant or Investment Opportunity
Proximity to the Roux Institute & Portland's Innovation District
Minutes to Downtown Portland, Back Cove & Payson Park
Turnkey Asset with Immediate Rental Income Potential
Rare Large-Lot Multifamily Opportunity Within Portland
Positioned in a High-Growth Neighborhood with Long-Term Upside
Turnkey, Income-Producing Duplex
Fully Renovated Units with Modern Finishes
Separate Utilities Reduce Operating Expenses
Strong Rental Demand Near the Roux Institute & Downtown Portland
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