237 Pine Point Road
Property Description
This historic Scarborough property on Pine Point Road offers a rare combination of character, location, and investment potential. The large two-family underwent an extensive renovation down to the studs in 2014/2015, including new kitchens with granite countertops and stainless steel appliances, hardwood floors, updated baths with tiled showers, new furnaces (2), Andersen windows, closed-cell insulation, a new roof, and more. Each unit features a spacious 3-bedroom, 2-bath layout with generously sized bedrooms and comfortable living space. Out back, the existing barn adds potential for an ADU or other future use, subject to town approvals. Just minutes from Pine Point Beach and the Eastern Trail, the property offers excellent walkability and bikeability in one of Scarborough's most desirable coastal areas. Strong existing rents with additional upside make this a compelling opportunity for an owner-occupant or investor. ***Photos were taken while the property was vacant. Property is currently tenant-occupied.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $799,000 |
| No. of Units: | 2 |
| Year Built: | 1840 |
| Lot Size: | 3,045.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $399,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 3 |
ID: 3yd-MREISME-1678746
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
796 Atwells Avenue
Providence, Rhode Island
7 Barrett Avenue
North Providence, Rhode IslandBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout