103 Monument ST #1-3, Portland, ME 04101
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103 Monument ST #1-3, Portland, ME 04101
103 Monument ST #1-3, Portland, ME 04101
103 Monument ST #1-3, Portland, ME 04101
103 Monument ST #1-3, Portland, ME 04101
Listed by Thomas Landry Benchmark Real Estate
Bought with Sierra Curtis Maine Real Estate Co

$1,125,000

Est. payment /mo

$1,200,000

6.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

103 Monument ST #1-3 Portland, ME 04101

3 Baths

2,592 SqFt

SOLD DATE : 08/29/2024

Key Details

Sold Price $1,125,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,592 sqft

Price per Sqft $434

MLS Listing ID 1591205

Sold Date 08/29/24

Full Baths 3

HOA Y/N No

Year Built 1899

Tax Year 2023

Lot Size 3,049 Sqft

Acres 0.07

Source Maine Listings

Land Area 2592

Property Description

Located on the harbor side of Munjoy Hill where Portland's most desirable neighborhood intersects with both inner Washington Ave (think boutiques, breweries, bike shops, barbecue and more) and the Old Port (our historic seaport with countless restaurants and retailers) - this is the ideal owner occupied 3-family. Neighbors are all owner-occupied homes on this quiet, convenient block.
The ground level has been updated and is near condo quality. This unit enjoys direct access to a remarkably private yard with a generous deck. The second and third levels each offer a logically laid out and livable 2 bedroom, 1 bath unit each. From the upper floor you get some pretty sweet city skyline and sunset views that could easily enhanced. Quality units in the ideal location are just the beginning as this property enjoys significant updates and upgrades. From fully separate utilities, updated heat, hot water and electric to a low maintenance exterior and code compliant fire doors, a new owner can move in and enjoy ocean side, city living from day one. Speaking of moving in, the owner has vacated the units, allowing for you to choose your ideal home and hand pick tenants.
For several years, the owner has Airbnb'ed the first floor and has done incredibly well, with rave reviews, repeat guests, and continuous super host status. The drive is double wide and offers parking for 6. The projected rents are reasonable/realistic given an owner occupant isn't subject to rent control.

Location

State ME

County Cumberland

Zoning R6

Direction Congress Street toward Eastern Promenade. Right on Sheridan Street, turn right on Monument Street.

Rooms

Basement Interior, Brick/Mortar, Full, Unfinished

Interior

Interior Features One-Floor Living, Storage

Heating Hot Water

Cooling None

Flooring Wood

Equipment Internet Access Available, Cable

Fireplace No

Laundry Washer Hookup

Exterior

Parking Features 5 - 10 Spaces, Common, On Site, Off Street, Tandem

Utilities Available Utilities On

Roof Type Pitched,Shingle

Garage No

Building

Lot Description Well Landscaped, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Near Railroad

Story 3

Entry Level Multi-Level

Water Public

Architectural Style Other

Level or Stories 3

Others

Tax ID PTLD-000017-C000014-000001

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Maine MLS (MREIS) IDX

Nearby Locations

Tom Landry

Tom Landry

Broker

+1(207) 775-0248

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