Bought with Benchmark Real Estate
$1,400,000
$1,295,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
74 Melbourne ST Portland, ME 04101
4 Baths
3,288 SqFt
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,288 sqft
Subdivision Munjoy Hill
MLS Listing ID 1616129
Sold Date 05/05/25
Style Other,New Englander
Full Baths 3
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 3,288
Year Built 1880
Annual Tax Amount $13,206
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Source Maine Listings
Land Area 3288
Property Description
Introducing a beautifully updated 3-unit property in the highly sought-after Munjoy Hill neighborhood. This home seamlessly combines modern amenities with classic charm, offering excellent access to all that Portland has to offer.
The property has been well-maintained and features updated systems, including energy-efficient heat pumps, solar panels, and a hybrid hot water heater, ensuring comfort and sustainability year-round. Since its purchase in 2017, the property has undergone many additional improvements, such as two renovated bathrooms, new roof, and new driveway, making it truly turnkey and move-in ready.
The top-floor owner's unit offers glimpses of Casco Bay and features a well-designed and recently renovated living space filled with natural light. A key feature is the pop-out balcony window, which expands the living area and provides outdoor space with panoramic views. The gas fireplace, installed in 2018, creates a cozy feeling throughout the winter. The other units have also been thoughtfully updated and offer spacious, comfortable living areas, making this property a great option for both owners and tenants.
Additional highlights include off-street parking for added convenience and shared laundry facilities on the 2nd floor, offering ease for all residents.
Just a short walk to award-winning restaurants, popular food trucks, the scenic Back Cove, and Eastern Trail walking paths, this location provides easy access to Portland's best attractions. You're also just steps away from Fort Sumner Park, where you can take in stunning views of the Portland city skyline. Additionally, East End Beach is nearby, offering a convenient spot to drop in a kayak and enjoy the waterfront.
This is a unique opportunity to own a well-maintained, turnkey investment property in one of Portland's most sought-after neighborhoods—ideal for investors or those seeking a convenient urban lifestyle.
Location
State ME
County Cumberland
Zoning RN-4
Body of Water Casco Bay
Rooms
Basement Interior, Bulkhead, Full, Unfinished
Interior
Heating Zoned, Hot Water, Heat Pump, Baseboard
Cooling Heat Pump
Flooring Wood, Tile
Fireplace No
Laundry Upper Level
Exterior
Parking Features 1 - 4 Spaces, Paved, Off Street
Utilities Available 1
View Y/N Yes
View Scenic
Roof Type Shingle
Porch Patio
Garage No
Building
Lot Description Open, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood
Story 3
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other, New Englander
Structure Type Clapboard,Wood Frame
Others
Restrictions Unknown
Energy Description Oil, Electric
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