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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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150154 150-154 Murray St , Portland, ME 04103
$299,000
Est. Payment: $664.44/mo
3 Bed
1 Bath
1121 Sqft
Status: Pending | Days on site: 7
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3059 - 008182
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House Description

OPPORTUNITY: $299,000! This is an almost unbelievable value in Portland's highly desirable Back Cove neighborhood. 150-154 Murray Street combines a single-family home and adjoining lot, creating a rare double-lot offering totaling just under .4 acres. At this price, the opportunity is extraordinary—the value of the two lots alone approaches the asking price. Renovate the existing home and build immediate equity, explore the potential of the adjoining lot, or create a generous in-town property with exceptional outdoor space and room to grow. LOCATION: Tucked away on a quiet dead-end street, the setting feels peaceful and removed while everything is remarkably close. Walk to Monte's Fine Foods and Tipo, with The Roux Institute, Woodfords Corner and its shops and restaurants just minutes away. Downtown Portland is also only minutes from your door. Add in that the home is walkable to Ocean Elementary and Cheverus High School for a location that can't be beat. RECREATION: Payson Park and Portland Trails are nearby, offering year-round recreation from trail running and mountain biking to tennis, pickle ball, baseball and more. VALUE: This is a rare opportunity for someone ready to roll up their sleeves, an investor looking for a value-add project, or a buyer seeking land, flexibility and tremendous upside in Portland. Property is being sold AS IS. GROUP SHOWINGS ONLY: Friday, September 4; Saturday, September 5; and Tuesday, September 8, from 10-12. Offers due Wednesday, September 9, at 5:00.

Highlights

Listed by Thomas Landry , 207-775-0248 Benchmark Real Estate , 207-775-0248.

Property Type

Residential

Lot/Acreage
0.36

Year Built

1960

County

Cumberland

Neighborhood

Back Cove

School District

Portland Public Schools

Listing ID

1678967

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Microwave, Electric Range, Refrigerator
Floor:Tile,Wood
Above Ground Sq Ft:1121
Below Ground Sq Ft:0
Basement:Interior Entry,Finished,Full,Unfinished
Other:
  • Additional:1st Floor Bedroom, Bathtub, Storage
Water:Public

Exterior Features

Lot:Interior Lot,Intown,Near Country Club,Near Golf Course,Near Public Beach,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Suburban,Near Railroad,Rolling Slope,Wooded,Near Public Transit
Zoning:R3
Roof:Pitched,Shingle
Sewer:Public Sewer
Parking Features:Paved,5 - 10 Spaces,On Site,Detached
Principal Interest
$664
Taxes
$612

Home Price

$299,000

Loan Details

30 yrs
%

Down Payment

20%
$59,800
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Monthly Price:
$664.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $664.44 $611.89 $0.00 $1,276.33
Yearly $7,973.33 $7,342.65 $0.00 $15,315.98
Total $239,200.00 $220,279.50 $0.00 $459,479.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Portland, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.