Address
42 Lafayette Street Portland, ME
Price
$ 1,750,000
Property Attributes
  • MLS#1470283
  • TypeMulti-Family
  • CountyCUMBERLAND
  • CityPortland
  • NeighborhoodMunjoy Hill ~ East End
  • Zip04101
  • StyleMansard
  • Year Built1865
  • Taxes8918
  • Price$ 1,750,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3231
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Benchmark Real Estate
Property Description

From a commanding location at the very precipice of Portland's prestigious Munjoy Hill this once grand home that dates back to 1865 has been honored and reimagined and offers even more options and potential. Over the last several years the current owners have quite literally saved this home from the wrecking ball and transformed it from decay to deluxe. Like many of the homes on the East End this property needed major updates and upgrades and rest assured they were done and done to a high level. This was a full gut-rehab from foundation to roof nearly everything is new and designed to be low maintenance and super efficient. From full re-insulation, re-wiring, new plumbing, kitchens, baths, super efficient mini-splits for heat and ac, landscaping, drive and so much more. The full interior renovation also means where you live will be lead free/safe. Not intending to sell, the owner has a master plan that contemplates an additional 3rd floor unit with a water view sky-deck (remember this is the highest part of Munjoy Hill so the view will be breathtaking) and an additional 4th unit where the current garage sits. Currently setup is as a 2 unit with 1 - 2 bedroom, 1 bath unit and 1 - 3 bedroom, 2 bath unit. Each with in-unit laundry. Buy and enjoy just as it is, buy and convert to what would be one of the nicest single families on the hill, buy and condo convert or buy and use the owners plans or your own to reimagine...

General Features

Amenities 1st Floor Bedroom, Bathtub, Laundry - 1st Floor, Laundry - 2nd Floor, Laundry - Hookup, One-Floor Living, Other Amenities, Out Building, Primary Bedroom w/Bath, Shower, Storage, Walk-in Closets
Construction Wood Frame
Cooling Heat Pump
Electric Circuit Breakers
Location Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Railroad, Near Shopping, Near Town, Near Turnpike/Interstate, Neighborhood
Neighborhood Association Munjoy Hill ~ East End
Parking 1 - 4 Spaces, On Site, Paved
Property Type C
Roof Shingle, Wood Shingle
Sewer Public Sewer
Status Active
Style Mansard
Tax Year 2019
View Scenic
Water Public
Zoning R6

Interior Features

Basement Full, Unfinished
Building Info: # Floors 3
Building Info: # Heating Units 3
Building Info: # Water Heaters 2
Floors Laminate, Tile, Wood
Gas Natural - At Street
Heating Fuel Electric
Heating System Heat Pump
Sqft Finished Above Grade 3231.00
Sqft Finished Below Grade 0.00
Units: # Of 2 Bd Units 1
Units: # Of 3 Bd Units 1

Exterior Features

Driveway Paved
Exterior Wood Siding
Foundation Materials Brick/Mortar, Stone
Lot 13
Roads Paved, Public
Water Info: Water Frontage No
Water Info: Water View No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 04101

Statistics provided by Inside Real Estate

Price
AVG $1.58M
$1.75M
Taxes
AVG $8,686
$8,918
Year Built
AVG 1910
1865

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