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103 Monument Street, Unit 1-3Portland, ME 04101Sale Price: $1,125,000

  • Sale Price: $1,125,000
  • 163 Days Since Sale
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Federal 30-year interest rate: 6.89% last updated on Feb 6, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
  • 3Bathrooms
  • 0.07Acreage
  • 2,592Square Feet

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Listed by Benchmark Real Estate

Sold by Maine Real Estate Co
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.

Property Details of 103 Monument Street, Unit 1-3

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2025 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Black Bear Realty participates in ©2025 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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