Active
Multifamily
103 Monument Street
Portland, ME 04101
Baths
3
Square Ft.
2,917
$1,195,000
Tucked into Portland's beloved East End, this well-maintained three-unit property offers a rare opportunity for both investors and owner-occupants. Unit 1 is especially charming, filled with warmth and original character, and features direct access from one of the bedrooms to the rear deck, creating an easy connection to… Read More the outdoor space. Inside, Unit 1 showcases thoughtful details throughout. Units 2 and 3 enjoy peekaboo water views, while Unit 3 also captures lovely views of Portland's city skyline along with beautiful sunset exposure and potential to further enhance the views. All three units offer convenient two-bedroom layouts, making it easy to attract and retain great tenants in this low-maintenance building. One of the property's true highlights is the inviting backyard. With an apple tree, flower boxes, and established plantings, the space feels like a small, urban garden ideal for relaxing, entertaining, or enjoying a quiet moment outdoors. The property sits on a quiet, primarily owner-occupied block where neighbors take pride in their homes. Perfectly positioned to experience the best of the East End, the property is just minutes from the acclaimed restaurants, coffee shops, and breweries along Washington Avenue, and a short stroll to the Eastern Promenade overlooking Casco Bay. With separate utilities, strong income potential (currently grossing just under $100,000 annually), and generous driveway parking for 6+ vehicles, this is an exceptional opportunity for both investors and owner-occupants. Properties in this neighborhood rarely come available, especially ones that combine character, income potential, outdoor space, parking and location like this. Read Less
Courtesy of Keller Williams Realty [email protected], .
Listing Snapshot
Days Online
7
Last Updated
Full Baths
3
Square Ft.
2,917
Lot Size
0.07 Acres
Year Built
1899
MLS Number
1654675
Additional Details
Property Access
Road Surface Type: "Paved"
Appliances & Equipment
Appliances: "ENERGY STAR Qualified Appliances"
Basement
Basement: "Interior", "Brick/Mortar", "Full", "Unfinished"
Building
Architectural Style: "Colonial", Building Area Total: 2,917, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 3, Year Built: 1899, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $18,040
Exterior Features
Other Equipment: "Internet Access Available", "Cable", Patio And Porch Features: "Deck", Patio And Porch Features: "Deck"
Fence
Fencing: "Fenced"
Floors
Flooring: "Wood", "Carpet"
Water Features
Water Body Name: Casco Bay
Heating
Heating: "Hot Water", Heating Included
Income
Gross Income: $98,640
Interior Features
Features: "1st Floor Bedroom", "One-Floor Living", "Storage"
Laundry
Features: "Washer Hookup"
Lot
Features: "Well Landscaped", "Intown", "Near Public Beach", "Near Town", "Neighborhood", 0.07 acres, Area: 0.07, 3,049 square feet
Parking
Features: "5 - 10 Spaces", "Paved"
Pets Policy
Pets Allowed: "No Restrictions"
Property
Other Structures: "Shed(s)", Parcel Number: PTLD-000017-C000014-000001, Zoning: RN-4
Roof
Roof: "Pitched", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $12,030, Tax Lot: 14
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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