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$725,000
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Property Description
This well maintained three unit offers an excellent opportunity for both investors and owner-occupants. One unit has been recently refreshed and is move-in ready, perfect for an owner looking to live on site while generating income from the other two units. Plenty of off street parking, a large backyard, new siding and hot water heaters, and vinyl replacement windows throughout. A solid property with strong rental potential just minutes to downtown Portland!
Full Property Details
Full Property Details for 54-56 Veranda St
General
- Sold For: $725,000
- Taxes: $10,482 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1639273
- Added to Site: 110 day(s) ago
Interior
- Flooring: Wood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Parking
- Parking Features: 5 - 10 Spaces, Paved, Off Street
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Duplex
- Construction: Vinyl Siding, Wood Frame
- Roof: Composition
- Building Size: 3949
- Square Feet: 3,949
- Living Area: 3,949 Sq. Ft.
- Finished Total: 3,949 Sq. Ft.
- Finished Above Grnd: 3,949 Sq. Ft.
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583.2
- Lot Size Source: Public Records
- Zoning: R5
- Lot Description: Open, Sidewalks, Intown, Near Turnpike/Interstate
Financial Considerations
- Tax Amount: $10,482
- Tax Year: 2025
Disclosures and Reports
- Block: A
- Lot Number: 1
Listed by Portside Real Estate Group (207) 536-4222
Sold by U&R Real Estate (207) 835-0118
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Schools
Schools serving 54-56 Veranda St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Presumpscot School 69 Presumpscot Street, Portland, ME 04103 | K-5 | 0.2 mi |
Lyman Moore Middle School 171 Auburn Street, Portland, ME 04103 | 6-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 54-56 Veranda St
Date
Details
Price
Change
Source
12/04/2025
Sold
$725,000
—
MLS
9/30/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
54-56 Veranda Street, Portland, ME 04101 (MLS# 1639273) is a Multi-Family property that was sold at $725,000 on December 04, 2025. Want to learn more about 54-56 Veranda Street? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

