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$1,125,000
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Property Description
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.
Full Property Details
Full Property Details for 103 Monument St #1-3
General
- Sold For: $1,125,000
- Taxes: $11,858 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1591205
- Added to Site: 599 day(s) ago
Interior
- Interior Features: One-Floor Living, Storage
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Other Rooms
- Laundry: Washer Hookup
Parking
- Parking Features: 5 - 10 Spaces, Common, On-Site Parking, Off Street, Tandem
Location
- County: Cumberland
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Multilevel
- Construction: Vinyl Siding, Wood Frame
- Roof: Pitched, Shingle
- Stories/Levels: 3
- Building Size: 2592
- Square Feet: 2,592
- Living Area: 2,592 Sq. Ft.
- Finished Total: 2,592 Sq. Ft.
- Finished Above Grnd: 2,592 Sq. Ft.
- Year Built: 1899
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049.2
- Lot Size Source: Public Records
- Zoning: R6
- Lot Description: Level, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Near Railroad
Financial Considerations
- Tax Amount: $11,858
- Tax Year: 2023
Disclosures and Reports
- Block: C
- Lot Number: 14
Listed by Benchmark Real Estate (207) 775-0248
Sold by Maine Real Estate Co (800) 971-8860
Get Pre-Approved Today
Schools
Schools serving 103 Monument St #1-3
School District:Portland
| Name | Grades | Distance |
|---|---|---|
East End Community School 195 North Street, Portland, ME 04101 | PK-5 | 0.6 mi |
King Middle School 92 Deering Avenue, Portland, ME 04102 | 6-8 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 103 Monument St #1-3
Date
Details
Price
Change
Source
8/29/2024
Sold
$1,125,000
-6.25%
MLS
6/24/2024
Price Reduced
$1,200,000
-13.36%
MLS
5/28/2024
Listed
$1,385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
103 Monument Street #1-3, Portland, ME 04101 (MLS# 1591205) is a Multi-Family property that was sold at $1,125,000 on August 29, 2024. Want to learn more about 103 Monument Street #1-3? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

