31 Bates StreetPortland, ME 04103Price: $1,295,000

Enjoy seasonal views of Back Cove and the Portland skyline from this rare three-unit property in one of Portland's most desirable locations. With the Back Cove Trail right outside your door, you can enjoy morning walks along the water or take in the views from one of the property's private decks. Conveniently located near the future site of the Roux Institute, this property also offers easy access to the waterfront, downtown Portland, and surrounding neighborhoods. With strong rental income potential, it's an excellent opportunity for an owner-occupant looking to offset their mortgage while enjoying all that this location has to offer. The third-floor owner-occupant unit is filled with natural light and features one bedroom, one bathroom, and an open kitchen, dining, and living area. Two private decks extend the living space outdoors, including one with views overlooking Back Cove. The second-floor unit offers a spacious layout with great natural light throughout. Features include a large living room, a separate dining room with original built-ins, a generously sized kitchen, two bedrooms, and an updated bathroom. A private deck provides a nice spot for planting or grilling. The first-floor unit also spans the full level and features a bright, inviting layout with a spacious living room and gas fireplace, a dining room with built-ins, and an updated kitchen with granite countertops and new cabinetry. A private deck completes the space. Additional features include dedicated basement storage for each unit, coin-operated laundry, and parking for up to six vehicles, including a rare two-car garage. With numerous updates completed in recent years, this well-maintained property offers a great combination of location, flexibility, and income potential.