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Daniel Picard

daniel@rootsinmaine.com +1(207) 571-0839

Listed by Laurel LaBauve Cottage & Co Real Estate

$ 1,025,000

Est. payment | -/mo

3 Baths

3,200 SqFt

Save

$ 1,025,000

Est. payment | -/mo

Save

3 Baths

3,200 SqFt

Key Details

Property Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $320

Subdivision East End

MLS Listing ID 1682214

Full Baths 3

HOA Y/N No

Year Built 1875

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Source Maine Listings

Land Area 3200

Property Description

A truly exceptional opportunity in the heart of Munjoy Hill, one of Portland's most coveted neighborhoods. This beautifully updated three-unit property offers the rare combination of refined owner-occupied living and strong investment potential, all just moments from the acclaimed restaurants, cafés, breweries, and boutiques of Washington Avenue and the sweeping waterfront beauty of the Eastern Promenade. Occupying the entire third floor, the owner's residence has been thoughtfully reimagined with sophisticated finishes and modern comforts. A stunning designer kitchen, spacious spa-inspired bath, and energy-efficient heat pump create an inviting retreat above the city. The living room is bathed in natural light and captures breathtaking sunset views. Seasonal glimpses of Casco Bay provide a constant reminder of Portland's coastal charm. The first- and second-floor apartments have been tastefully renovated, featuring attractive kitchens, updated baths, and in-unit laundry facilities. Each residence enjoys its own private outdoor deck space and access to a charming backyard oasis—an uncommon amenity in this vibrant urban setting. Additional highlights include a one year old high efficiency gas boiler and three deeded off-street parking spaces, a highly sought-after convenience on Munjoy Hill. The current rental income provides immediate value with future upside potential, and the property's owner-occupied unit offers the benefit of exemption from Portland's rent control ordinance. Whether you're seeking an elegant urban residence with income-producing apartments, a multigenerational living arrangement, or a premier investment in one of Maine's most desirable real estate markets, this remarkable property delivers a lifestyle and opportunity that rarely come to market. Group showings Thursday 10/1 from 4:30-6:00 and Sunday 10/4 from 11:00-1:00

Location

State ME

County Cumberland

Community East End

Zoning R6

Rooms

Basement Doghouse, Exterior Entry, Walk-Out Access, Full, Unfinished

Interior

Heating Gas Natural, Baseboard, Forced Air, Hot Water

Cooling None, Heat Pump

Flooring Tile, Wood

Exterior

Parking Features Paved, 1 - 4 Spaces, Off Street

Waterfront Description Nearby,Public

Roof Type Membrane

Porch Deck

Garage No

Building

Lot Description Business District, Intown, Near Shopping, Neighborhood, Sidewalks, Landscaped

Story 3

Entry Level Multi-Level

Water Public

Architectural Style Victorian

Others

Tax ID PTLD-000017-C000003-000001

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(207) 571-0839

daniel@rootsinmaine.com

Learn More About LPT Realty

178 Congress ST Portland, ME 04101