69 Newbury Street, Portland, ME 04101

$2,250,000
Property Type: Multi-Family Baths: 5 Square Footage: 4,438 Lot Size (sq. ft.): 1,742 Status: Active
Current Price: $2,250,000 List Date: 7/13/2026 Last Modified: 7/13/2026

Overview

Description

Turnkey mixed use investment opportunity in Portland's highly sought after East End. This four unit property features three residential apartments and one commercial space, making it an exceptional opportunity for investors or owner-occupants seeking strong rental income. The residential units include a completely renovated 2 bedroom, 1 bathroom apartment with a bonus room, a 2 bedroom, 1 bathroom apartment, and a renovated 3 bedroom, 2 bathroom apartment. Extensive capital improvements include a new roof (2023), new siding, new windows, three new heat pumps, updated plumbing and electrical systems, renovated kitchens and bathrooms, and substantial improvements to the commercial space. Just steps from the Eastern Promenade, East End Beach, the Old Port, Portland's waterfront, and countless restaurants, breweries, coffee shops, and local shops. This is a rare opportunity to own a fully renovated mixed use property in one of Maine's most desirable neighborhoods. Showings by appointmen ...

Listing Details MLS# 1671572

Location Information

Street #
69
Street Name
Newbury
Street Type
Street
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04101
Zip +4
4254
Leased Land
No
Book
40268
Page
122-123
Map
20
Lot
5
Zoning
IS-FBC
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
9946
Tax Year
2024
Tree Growth Y/N
No

Contract Information

Original List Price
2250000

Property Information

Surveyed
No
Seasonal
No
Owner Occupied
No
Deed/Conveyance Type Offered
Warranty
Deed
All
Number of Units
4
Total Baths
5
Total Full Baths
4
Total Half Baths
Yes
Year Built
1905
SqFt Finished Above Grade
4438
SqFt Finished Total
4438
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.04
Source of Acreage
Public Records
SqFt Finished Below Grade
0
Garage Spaces
0

Water Info

Water Frontage
No
Water View
Yes
Water Body Name
Portland Harbor

Building Info

# Floors
3

Units

# of 1 BD Units
Yes
# of 2 BD Units
2
# of 3 BD Units
Yes

More Information

Unit 1

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
2500
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 2

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
2200
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
Yes
Level
Second
Security Deposit
No
Monthly Rent
5000
# Full Baths
2
# of Rooms
6
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

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

Utilities

Utilities On
Yes

Levels

Multi-Level
Yes

Site

Level
Yes
Sidewalks
Yes

Location

Intown
Yes
Near Public Beach
Yes
Near Shopping
Yes
Near Turnpike/Interstate
Yes
Neighborhood
Yes

Roads

Public
Yes

Transportation

Deep Water Access
Yes
Major Road Access
Yes
Near Airport
Yes
Public Transport Access
Yes

Water Body Type

Bay
Yes
Cove
Yes
Harbor
Yes
Ocean
Yes
River
Yes

Recreational Water

Nearby
Yes
Public
Yes

Style

Other
Yes

Construction

Wood Frame
Yes

Basement

Walk-Out Access
Yes

Foundation Materials

Brick/Mortar
Yes

Exterior

Vinyl Siding
Yes

Roof

Shingle
Yes

Heat System

Baseboard
Yes
Heat Pump
Yes
Hot Water
Yes

Heat Fuel

Electric
Yes
Oil
Yes

Income & Expenses

Gross Income
116400
Operating Expenses
35417

Cooling

Heat Pump
Yes
Window Unit(s)
Yes

Floors

Carpet
Yes
Hardwood
Yes
Laminate
Yes

Parking

No Parking
Yes
Off Street
Yes

Electric

Circuit Breakers
Yes

Gas

Unknown
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

No Driveway
Yes

Basement Entry

Exterior Only
Yes

Water Heater

Off Heating System
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level; Sidewalks Location: Intown; Near Public Beach; Near Shopping; Near Turnpike/Interstate; Neighborhood Roads: Public Transportation: Deep Water Access; Major Road Access; Near Airport; Public Transport Access Water Body Type: Bay; Cove; Harbor; Ocean; River Recreational Water: Nearby; Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Walk-Out Access Basement Entry: Exterior Only Foundation Materials: Brick/Mortar Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Heat Pump; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: Heat Pump; Window Unit(s) Floors: Carpet; Hardwood; Laminate Driveway: No Driveway Parking: No Parking; Off Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Unknown Sewer: Public Sewer Water: Public
IDX
Listing Office: Harborview Properties, Inc.
Last Updated: July - 13 - 2026
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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.