103 Monument St, Unit 13
Closed 8/29/24
Closed 8/29/24
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...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.
- Listed by Thomas Landry • Benchmark Real Estate
Property Details for 103 Monument Street, Unit 13
Waterfront
No
ArchitecturalStyleMulti-Level
GarageNo
ZoningR6
LISTING UPDATED: 09/05/2024 11:49 AM
Property Details for 103 Monument Street, Unit 13
| Status | Closed |
|---|---|
| MLS # | 1591205 |
| Days on Market | 58 |
| Taxes | $11,858 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1899 |
| Lot Size | 0.07 AC / 3,049 SF |
| County | Cumberland County |
Location
Listing Courtesy of Benchmark Real Estate
Sold By Maine Real Estate Co
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Building Information for 103 Monument Street, Unit 13
Stories3Residences3Year Built1899Building Size-Lot Size0.07 AC / 3,049 SF
Payment Calculator
$6,653 per month
30 year fixed, 6.46% Interest
Principal and Interest
$5,665
Property Taxes
$988
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 103 Monument Street, Unit 13
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 6053
- Directions: Congress Street toward Eastern Promenade. Right on Sheridan Street, turn right on Monument Street.
- Town: Portland
- State/Province: ME
- Zip Code: 04101
- County: Cumberland
- Geo Latitude: 43.663988
- Geo Longitude: -70.249032
- Tax Lot: 14
- Site:Level: Yes
- Site:Sidewalks: Yes
- Site:Well Landscaped: Yes
- Location:Intown: Yes
- Location:Near Country Club: Yes
- Location:Near Golf Course: Yes
- Location:Near Public Beach: Yes
- Location:Near Railroad: Yes
- Location:Near Shopping: Yes
- Location:Neighborhood: Yes
- Transportation:Near Airport: Yes
- Recreational Water:Nearby: Yes
- Recreational Water:Public: Yes
Parking
- Parking Features: 5 - 10 Spaces, Common, On Site, Off Street, Tandem
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 33070
- Tax Block: C
- Tax Map Number: 17
- Tax Year: 2023
- Parcel Number: PTLD-000017-C000014-000001
- Location Information:Association Y/N: No
- Tax Annual Amount: $11,858.00
- Restrictions:No Restrictions: Yes
Property
Heating and Cooling
- Water Heater:Off Heating System: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 2592.0
- Lot Size Acres: 0.07
- Source of Acreage: Public Records
- Building Area Total: 2592.0
- Lot Size Area: 0.07
- Lot Size Units: Acres
- Lot Size Square Feet: 3049.2
- Bathrooms Full: 3
- Bathrooms Half: 0
- Street Number: 103
- Property Information:Surveyed: No
- Property Information:Seasonal: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Total Half Baths: .00
- Property Information:Color: Gray
Parking
- Driveway:Common: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1899
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Natural - At Street: Yes
- Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Wood Frame
- # Fireplaces: 0
- Fireplace: No
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Pitched, Shingle
Interior Features
- Basement: Brick/Mortar, Full, Interior Entry, Unfinished
- Flooring: Wood
- Interior Features: One-Floor Living, Storage
- Cooling: None
- Heating: Hot Water
- Laundry Features: Washer Hookup
- # Stories: 3
- # Floors: 3
- Bathrooms Total (Integer): 3
- Bathrooms Total (Decimal): 3.00
- Bathrooms Total (Notational): 3.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $114,000.00
- Operating Expenses: $18,246.00
Multi-Family Information
- Number of Units: 3
- Building Info:# Fireplaces: 0
- Building Info:# Stories: 3
- Building Info:# Floors: 3
- Building Info:# Heating Units: 3
- Building Info:# Water Heaters: 3
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: No
- Unit 1:Monthly Rent: $3,500.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 5.00
- Unit 1:# of Bedrooms: 2.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: Second
- Unit 2:Security Deposit: No
- Unit 2:Monthly Rent: $3,000.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 4.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: No
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: No
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: No
- Unit 3:Level: Third
- Unit 3:Security Deposit: No
- Unit 3:Monthly Rent: $3,000.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 4.00
- Unit 3:# of Bedrooms: 2.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: Yes
- Unit 3:Dedicated Water Heater: Yes
- Unit 3:Electric: No
- Unit 3:Heat: No
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 3
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 103 Monument Street, Unit 13
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 29, 2024 | Sold Maine Listings #1591205 | $1,125,000 | — |
| Aug 2, 2024 | Pending Maine Listings #1591205 | — | |
| Jul 25, 2024 | Active Under Contract Maine Listings #1591205 | — | |
| Jun 24, 2024 | Price Change Maine Listings #1591205 | $1,200,000 | — |
| Apr 16, 2024 | Listed (Active) Maine Listings #1591205 | $1,385,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/29/2024 | Sold Maine Listings #1591205 | $1,125,000 |
| 08/02/2024 | Pending Maine Listings #1591205 | — |
| 07/25/2024 | Active Under Contract Maine Listings #1591205 | — |
| 06/24/2024 | Price Change Maine Listings #1591205 | $1,200,000 |
| 04/16/2024 | Listed (Active) Maine Listings #1591205 | $1,385,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 103 Monument Street, Unit 13
This home is within Portland Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
East End Community School PublicPK to 5 | ||
King Middle School Public6 to 8 | ||
Portland High School Public9 to 12 | ||
Deering High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Benchmark Real Estate
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
