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Adam Dow

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

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103 Monument St , Portland, ME 04101
$1,195,000
Est. Payment: $2,655.56/mo
0 Bed
3 Bath
2917 Sqft
Status: Active | Days on site: 153
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1898 - 021069
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House Description

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 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 (grossing just over $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.

Highlights

Listed by Sierra Curtis , 207-701-6410 Keller Williams Realty , 207-879-9800.

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1899

County

Cumberland

Neighborhood

Munjoy Hill Neighborhood Association

Listing ID

1654675

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:ENERGY STAR Qualified Appliances, Cable,Internet Access Available
Floor:Carpet,Wood
Above Ground Sq Ft:2917
Below Ground Sq Ft:0
Basement:Interior Entry,Full,Unfinished,Brick/Mortar
Other:
  • Additional:1st Floor Bedroom, One-Floor Living, Storage
Water:Public

Exterior Features

Lot:Intown,Near Public Beach,Near Town,Neighborhood,Landscaped
Zoning:RN-4
Roof:Pitched,Shingle
Others:
  • Additional:Nearby
Sewer:Public Sewer
Parking Features:Paved,5 - 10 Spaces
Principal Interest
$2,656
Taxes
$1,003

Home Price

$1,195,000

Loan Details

30 yrs
%

Down Payment

20%
$239,000
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Monthly Price:
$2,655.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,655.56 $1,002.50 $0.00 $3,658.06
Yearly $31,866.67 $12,030.00 $0.00 $43,896.67
Total $956,000.00 $360,900.00 $0.00 $1,316,900.00

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.