1549 Westbrook St 1 Unit Dormitory $417,500 ($417,500/Unit) Portland, ME 04102

PRICED BELOW APPRAISAL VALUE. Immediate equity in this home. Recent appraisal report will be provided upon request. 1-yr home warranty provided at closing. This is a rare opportunity to own a home in the sought-after Stroudwater area with immediate equity and future investment potential. Could be a lucrative air bnb. Zoned for up to 4 units. Great location. Largest lot at this price point in Portland. Set in the highly desirable area of Stroudwater, this thoughtfully renovated, move-in ready, single family bungalow has a gorgeous backyard with a large bellowing willow tree and trails on the abutting land behind the house. The new zoning offers investors an income stream opportunity allowing the option of building an additional structure on the back of the lot, up to 4 units total on the lot. Prime for transforming into a 2-unit. Don't settle for a postage stamp yard. High end finishes include granite countertops, all new stainless steel kitchen appliances, LVP flooring and a new half bath. Architectural shingles on the main roof with life expectancy of up to 35 yrs. Nest 2-zone thermostat. Move-in ready, solid home with good bones. This bungalow has a ton of character with built-ins, hardwood and wide wood flooring. Bright and clean, the layout is unique with the kitchen, dining room, half bath/laundry room and 1 bedroom on the lower level (in the finished daylight basement), and 2 additional bedrooms, a living room, a den and a full bathroom on the upper level (on the 1st floor). With the Stroudwater Trails and River on the land abutting the house, you can hike, bike, or set off on a canoe or kayak adventure, all while living right in Portland! Would make a great air bnb. Perfect for someone looking for a smaller footprint to maintain, without sacrificing a beautiful yard and recreational trails or for an investment minded individual. Plus, the highway and airport is nearby for commuting.