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Chris Faulhaber

chrisfaulhaber@portsidereg.com +1(207) 239-9340

Listed by Briton Vitalius Vitalius Real Estate Group, LLC

$1,495,000

Est. payment - /mo

5 Baths

6,100 SqFt

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Open House

Fri Sep 25, 1:00pm - 2:00pm

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,100 sqft

Price per Sqft $245

Subdivision Munjoy Hill Historic District

MLS Listing ID 1672919

Full Baths 5

HOA Y/N No

Year Built 1915

Tax Year 2026

Lot Size 5,227 Sqft

Acres 0.12

Source Maine Listings

Land Area 6100

Property Description

Located on the prominent corner of Munjoy and Wilson Streets, just a few blocks from the Eastern Promenade and directly abutting neighborhood green space, this impressive five-unit (originally built as four 1,500 SF apartments) property offers a rare combination of scale, location, and future potential. Approximately 6,100 square feet of living space, the building is currently configured with three spacious three-bedroom, one-bath apartments, each featuring generous living rooms, separate dining rooms, and full kitchens, while the remaining floor has been divided into a one-bedroom unit and a two-bedroom unit. The building's exceptional size and coveted Munjoy Hill location create a wide range of opportunities for the next owner. A) The Owner Occupant who wants more space than a traditional, small, Portland apartment. Restore the four unit layout which allows a buyer to move into one and rent the others - free of Portland's rent control - and helps cover your rent. B) An Investor/Developer to convert to condos as four or five large, luxury units. With neighboring properties showcasing rooftop decks that capture the surrounding views, the potential for a similar addition, along with other thoughtful improvements, makes this a truly compelling offering.

Location

State ME

County Cumberland

Community Munjoy Hill Historic District

Zoning RN-4

Rooms

Basement Doghouse, Interior Entry, Full, Unfinished

Interior

Heating Oil, Baseboard, Forced Air, Hot Water

Cooling None

Flooring Wood

Exterior

Parking Features Paved, 1 - 4 Spaces

Roof Type Flat

Garage No

Building

Lot Description Intown, Near Public Beach, Near Turnpike/Interstate, Near Town, Level, Open Lot, Sidewalks

Entry Level Multi-Level

Water Public

Architectural Style Other

Others

Tax ID PTLD-000003-M000008-000001

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Chris Faulhaber

+1(207) 239-9340

Agent State License Number SA930528

61 Wilson ST Portland, ME 04101

Chris Faulhaber

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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