Multi-Family for Sale: 103 Monument Street #1-3, Portland, ME 04101 SOLD

3 full baths
$1,125,000
$1,125,000
103 Monument Street #1-3, Portland, ME 04101 SOLD
3 full baths
$1,125,000
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Selling Price: $1,125,000
Original List Price: $1,385,000
Sold at 81.2% of list price
Sold Date: 08/29/2024

Type Multi-Family
Style Multi-Level
Total Baths 3 full baths
Square Feet 2,592 sqft
Lot Size 0.07 acres
Year Built 1899
Taxes Paid $11,858

City Portland
County Cumberland

MLS 1591205
Status Closed
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.

Room Features

Basement Description Brick/Mortar, Unfinished, Interior Entry, Full

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $11,858

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4
Unit 3 Full Baths 1
Unit 3 of Bedrooms 2
Unit 3 of Rooms 4

Price History of 103 Monument Street, Portland, ME

Date Name Price Difference
06/24/2024 Price Adjustment $1,125,000 18.77%
05/28/2024 Listing Price $1,385,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 103 Monument Street, Portland, ME

Location Map Street View
Photo of Kathy Boot
Direct: 603-562-6677
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Benchmark Real Estate, Thomas Landry 207-775-0248
Sold by Keller Williams Realty, Sierra Curtis 207-879-9800
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Benchmark Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.