156 Woodford Street, Portland, ME 04103

$1,600,000
Property Type: Multi-Family Baths: 6 Square Footage: 6,228 Lot Size (sq. ft.): 284,621,040 Status: Closed
Current Price: $1,600,000 List Date: 7/26/2025 Last Modified: 10/30/2025

Overview

Description

This property has just been completely repurposed from a long standing commercial space into a 7 unit building with 6 residential units PLUS 1 commercial unit. Situated in the center of Woodfords Corner, this area reaps the benefits of the very strong, well managed and vibrant Woodfords Neighborhood Association. (Check out their impressive Website!) You will be surrounded by a bustling lifestyle with walkability to many fabulous restaurants, shops, the bus line, colleges and the beautiful Baxter Boulevard path around the Bay! Reinventing this space involved the following: installing a new roof and all new windows, new high-efficiency heating and electrical systems, new ultra durable waterproof and scuff proof luxury vinyl plank flooring, stainless appliances and tasteful electrical and plumbing fixtures, washer and dryer hookups in each unit, heat pumps for both heat and cooling in each unit, industrial sound insulation between all walls and ceilings separating units... in addition to 8 inches thick of dense packed insulation in all exterior walls, R-60 attic insulation, and spray foamed basement foundation walls, and a new fire alarm and sprinkler system throughout. This building offers the highest industry standards for insulation and efficiency, as well as the most up to date air quality and central ventilation equipment! Enjoy this low maintenance investment property, in a popular historic area of Portland with strong and steady increases in property values and income potential. The attached Income and Expense projections are based on conservative numbers, so your financial reward has no place to go but up! If you are looking for a property as a first time investment, a property to add to your current portfolio, a 1031 Exchange property and/or a place to lower your living expenses by owner occupying, then you need to schedule a showing today!!

Listing Details MLS# 1631993

Location Information

Street #
156
Street Name
Woodford
Street Type
Street
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04103
Zip +4
5695
Leased Land
No
Book
40706
Page
233
Map
125
Lot
5
Zoning
B2B
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
5678
Tax Year
2024
Tree Growth Y/N
No

Contract Information

Original List Price
1850000

Property Information

Surveyed
Yes
Seasonal
No
Number of Units
6
Total Baths
6
Total Full Baths
6
Year Built
1900
SqFt Finished Above Grade
6228
SqFt Finished Total
6228
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
6534
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0

Status Change Info

Pending Date
2025-09-29
Closed Date
2025-10-29
Closed Price
1600000

Water Info

Water Frontage
No
Water View
No

Units

# of 1 BD Units
Yes
# of 2 BD Units
5

More Information

Unit 1

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Unit 2

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Unit 3

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Unit 4

Lease
No
Level
Second
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Water
Yes
Monthly Rent
0
Sewer
Yes

Unit 5

Lease
No
Level
Second
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Unit 6

Lease
No
Level
Second
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Site

Level
Yes
Sidewalks
Yes

Location

Business District
Yes
Intown
Yes
Near Golf Course
Yes
Near Public Beach
Yes
Near Railroad
Yes
Near Shopping
Yes
Near Town
Yes
Near Turnpike/Interstate
Yes
Neighborhood
Yes

Roads

Paved
Yes
Public
Yes

Transportation

Near Airport
Yes
Public Transport Access
Yes

Style

New Englander
Yes

Construction

Wood Frame
Yes

Basement

Unfinished
Yes

Foundation Materials

Brick/Mortar
Yes

Exterior

Vinyl Siding
Yes

Roof

Shingle
Yes

Heat System

Baseboard
Yes
Direct Vent Heater
Yes
Heat Pump
Yes

Heat Fuel

Electric
Yes

Income & Expenses

Gross Income
192000
Operating Expenses
38900

Cooling

Heat Pump
Yes

Floors

Luxury Vinyl
Yes

Parking

5 - 10 Spaces
Yes
Off Street
Yes
On Site
Yes

Electric

Circuit Breakers
Yes

Gas

No Gas
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Paved
Yes

Basement Entry

Interior
Yes

Water Heater

Electric
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level; Sidewalks Location: Business District; Intown; Near Golf Course; Near Public Beach; Near Railroad; Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Transportation: Near Airport; Public Transport Access Style: New Englander Construction: Wood Frame Basement: Unfinished Basement Entry: Interior Foundation Materials: Brick/Mortar Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Direct Vent Heater; Heat Pump Water Heater: Electric Cooling: Heat Pump Floors: Luxury Vinyl Driveway: Paved Parking: 5 - 10 Spaces; Off Street; On Site Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public

Documents

Listing Office: Cottage & Co Real Estate
IDX
Last Updated: October - 30 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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