2 Atlantic Street

Closed 12/3/21

Sold

Last Sold Price

$1,900,000

4 baths3,161 sqft

2 Atlantic St, Portland, ME 04101

Multi FamilyProperty Type

0.07 acresLot Size

1824Year Built

$601/sq ftPrice per sq ft

2 carsParking Spaces

Description

Historic architecture meets modern design - this stately Greek Revival 3-unit home is a one-of-a-kind property with preserved architectural details & considerate design upgrades throughout. On the corner of Fore & Atlantic Streets, the property overlooks Portland Harbor & is steps to the Eastern Promenade or a short walk into the Old Port. Each of the units has a private entrance. A spectacular owner's unit spans the first level, with a private yard & direct access to the 2-car garage. Bespoke design...Historic architecture meets modern design - this stately Greek Revival 3-unit home is a one-of-a-kind property with preserved architectural details & considerate design upgrades throughout. On the corner of Fore & Atlantic Streets, the property overlooks Portland Harbor & is steps to the Eastern Promenade or a short walk into the Old Port. Each of the units has a private entrance. A spectacular owner's unit spans the first level, with a private yard & direct access to the 2-car garage. Bespoke design enhances the kitchen & bath, while master craftsmanship is evident in the great room. Whether hosting a crowd or enjoying a quiet evening, the chef's kitchen with lounge & custom built-in bar are sure to please. Two bedrooms plus den/office space offer ample room to live & grow. Two additional furnished rentals make this a special offering. The upper unit is a charming 2-bedroom mix of historic details & modern luxury in the kitchen & bath. Bonus attic storage & stairs to a widow's walk w/ panoramic views! The lower level is an updated 1-bed unit with modern galley kitchen flowing into living/dining area with an adjoining bedroom & en-suite bath. This is a unique opportunity to be the next steward of this special Portland home or turn-key investment! Showings by appointment only, Friday, Saturday & Sunday from 12-1pm.

Listed by: David Marsden 800.450.7784 frontdesk@beangroup.com • Bean Group

Listing closed: 12/03/2021 12:00 AM • Source: Maine Listings, MLS#: 1511258

Recent comparable sales

Median sold price

$1,009,000

Avg days on market

Sale-to-list ratio

97.3%

1/9

$1,395,000

Sold 04/22/25

Unavailable
Bedrooms: 5
Bathrooms: 2,612
Square Feet: 0.07
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236 State Street, Portland, ME 04101

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Unavailable
Bedrooms: 4
Bathrooms: 3,288
Square Feet: 0.08
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74 Melbourne Street, Portland, ME 04101

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Bedrooms: 4
Bathrooms: 3,492
Square Feet: 0.11
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22 Madison Street, Portland, ME 04101

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Bedrooms: 4
Bathrooms: 3,260
Square Feet: 0.04
Acres

68 Pleasant Street, Portland, ME 04101

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Unavailable
Bedrooms: 3
Bathrooms: 2,700
Square Feet: 0.17
Acres

78 Atlantic Street, Portland, ME 04101

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Bedrooms: 4
Bathrooms: 3,136
Square Feet: 0.06
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450 Cumberland Avenue, Portland, ME 04101

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Unavailable
Bedrooms: 4
Bathrooms: 3,120
Square Feet: 0.12
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23-25 Deerfield Road, Portland, ME 04101

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Unavailable
Bedrooms: 4
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Location

Listing Courtesy of Bean Group

Sold By Mary Libby Living Real Estate

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$11,329 per month

30 year fixed, 7.03% Interest

Principal and Interest

$10,143

Property Taxes

$1,186

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Property Information for 2 Atlantic Street

Property Details

Taxes: $14,229 / year
MLS Type: Multi-Family
County: Cumberland County
Architectural Style: Greek Revival
Style: Greek Revival
Subdivision Name: Munjoy Hill
View: Scenic
Has Waterfront: No
Zoning: R6

Building Information

Stories: 3
Residences: 3
Year Built: 1824
Lot Size: 0.07 AC / 3,049 SF

Summary

Location and General Information

Water View: Yes
Location: Historic District, Intown, Near Public Beach, Near Shopping, Near Town, Neighborhood

Page: 311
Directions: From the Old Port, head up Fore Street towards Eastern Promenade. Home is on the corner of Atlantic Street.
Latitude: 43.664175
Longitude: -$70.24
Transportation: Major Road Access, Near Airport, Public Transport Access, Rail Available
Water Body Type: Ocean
Water Body Name: Casco Bay

Taxes and HOA

Association: No
Parcel Number: PTLD-000016-F000011-000001

Tax Lot: 11
Tax Block: F
Tax Book Number: 13161
Tax Map Number: 16
Tax Annual Amount: $14,229.25

Parking

Parking Features: 1 - 4 Spaces, Paved, On Site
Parking: 1 - 4 Spaces, On Site

Vehicle Storage: 2 Car, Attached
Has Attached Garage: Yes
Garage Spaces: 2.0
Has Garage: Yes

Virtual Tour

Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/mreis/1511258

Property

Lot Information

Lot Features: Well Landscaped, Corner Lot, Sidewalks, Historic District, Intown, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Public Transit
Lot Size Acres: 0.07

Lot Size Area: 0.07
Lot Size Source: Public Records
Lot Size Square Feet: 3049.2
Lot Size Units: Acres
2 Detached Houses on 1 Lot: false
Roads: Paved, Public
Road Surface Type: Paved
SqFt Source: Public Records
Site: Corner Lot, Sidewalks, Well Landscaped

Property and Assessments

Above Grade Finished Area: 2171.0
Below Grade Finished Area: 990.0

Building Area Total: 3161.0
Property Type: Multi-Family
Deed: All
Deed/Conveyance Type Offered: Warranty
Restrictions: No Restrictions
Construction: Masonry
Year Built: 1824

Building Features

Construction Materials: Brick, Masonry
Color: Brick

Stories Total: 3

Financial Information

List Price/SqFt: $780.75

Utilities

Heat Fuel: Electric, Gas Natural
# Heating Units: 3

# Water Heaters: 3
Electric: Circuit Breakers
Gas: Natural - On Site
Recreational Water: Nearby, Oceanfront, Public, Waterfront Deep
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric, Gas, Off Heating System
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Brick
Fencing: Fenced

Roof: Membrane, Metal, Shingle
Driveway: Paved

Interior Features

Amenities: 1st Floor Bedroom, Attic, Bathtub, Fenced, Main Level, Upper Level, Shower, Storage
Bathrooms Full: 4

Bathrooms Total Decimal: 4.0
Bathrooms Total Integer: 4
Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
Basement: Interior, Walk-Out Access, Daylight, Finished
Basement: Walk-Out Access, Daylight, Finished
Patio And Porch Features: Patio
Has Cooling: No
Heating: Hot Water, Direct Vent Heater, Baseboard
Has Heating: Yes
Flooring: Wood, Tile
Interior Features: 1st Floor Bedroom, Attic, Bathtub, Shower, Storage

Room Information

Laundry

Laundry Room Amenities: Laundry - 1st Floor, Upper Level, Main Level

Multi Family

Multi Family Information

# of 1 BD Units: 1
# of 2 BD Units: 2

Number Of Units Total: 3

Income & Expenses

Gross Income: $58,800.00
Operating Expense: $20,842.00

Unit Information

Unit 1

Num Full Baths: 1
Dedicated Gas Meter: Yes

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: Yes
Level: Second
Security Deposit: Yes
Actual Rent: $2,800.00
Beds Total: 2
Rooms Total: 4

Unit 2

Num Full Baths: 2
Dedicated Gas Meter: Yes

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: No
Level: First
Security Deposit: No
Beds Total: 2
Rooms Total: 5

Unit 3

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: Yes
Level: Basement
Security Deposit: Yes
Actual Rent: $2,100.00
Beds Total: 1
Rooms Total: 3

Rental

Rent Information

Land Lease: No
Pets Allowed: No Restrictions

Tenant Information

Occupant Type: Yes

Property History for 2 Atlantic Street

Date	Event & Source	Price	Appreciation
Dec 3, 2021	Sold Maine Listings #1511258	$1,900,000	—
Oct 14, 2021	Pending Maine Listings #1511258		—
Oct 6, 2021	Listed (Active) Maine Listings #1511258	$1,695,000	—

Date	Event & Source	Price
12/03/2021	Sold Maine Listings #1511258	$1,900,000
10/14/2021	Pending Maine Listings #1511258	—
10/06/2021	Listed (Active) Maine Listings #1511258	$1,695,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

2 Atlantic Street

Baths

Total Finished SqFt

2,171 SqFt

Above Grade Finished SqFt

2,171 SqFt

Unfinished Basement SqFt

990 SqFt

Stories

Lot Size

3,276 SqFt

Schools near 2 Atlantic Street

This home is within Portland Public Schools.


Rating	School	Type	Grades	Distance
2/10	East End Community School	Public - Serves this home	PK to 5	0.7 mi
2/10	King Middle School	Public - Serves this home	6 to 8	1.6 mi
5/10	Casco Bay High School	Public - Choice school	9 to 12	3.4 mi
2/10	Deering High School	Public - Choice school	9 to 12	2.7 mi
4/10	Portland High School	Public - Choice school	9 to 12	0.8 mi
NR	Friends School Of Portland	Private - Nearby school	PK to 8	1.7 mi
NR	East School	Private - Nearby school	5 to 8	0.7 mi
NR	Cathedral School	Private - Nearby school	PK to 8	0.5 mi


Rating	School	Distance
2/10	East End Community School PublicPK to 5 Serves this home	0.7 mi
2/10	King Middle School Public6 to 8 Serves this home	1.6 mi
5/10	Casco Bay High School Public9 to 12 Choice school	3.4 mi
2/10	Deering High School Public9 to 12 Choice school	2.7 mi
4/10	Portland High School Public9 to 12 Choice school	0.8 mi
NR	Friends School Of Portland PrivatePK to 8 Nearby school	1.7 mi
NR	East School Private5 to 8 Nearby school	0.7 mi
NR	Cathedral School PrivatePK to 8 Nearby school	0.5 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 2 Atlantic Street, Portland, ME 04101	$1,900,000	–	4	3,161	3,049
6 Atlantic Street, Portland, ME 04101	$564,325	3	3	1,623	1,742
7 Fore Street, Portland, ME 04101	–	–	–	8,734	6,020
4 Fore Street, Portland, ME 04101	–	–	–	–	125,017
1 St Lawrence Street, Unit 2, Portland, ME 04101	$675,000	3	2	1,077	–
1 St Lawrence Street, Unit 1, Portland, ME 04101	$365,000	3	2	1,100	–
1 St Lawrence Street, Unit 3, Portland, ME 04101	$665,000	2	2	1,077	–
6 Eastern Promenade, Unit 3, Portland, ME 04101	$590,000	2	3	1,681	–
6 Eastern Promenade, Unit 4, Portland, ME 04101	$225,000	1	1	412	–
16 Atlantic Street, Portland, ME 04101	–	4	1.5	1,641	4,500
9 St Lawrence Street, Portland, ME 04101	–	3	2.5	2,635	4,770
9 St Lawrence Street, Unit A, Portland, ME 04101	$1,185,000	3	3	2,635	–
7 Atlantic Street, Portland, ME 04101	$585,000	4	4	3,248	3,049
11 St Lawrence Street, Portland, ME 04101	$300,000	–	3	4,770	4,791
11 St Lawrence Street, Unit B, Portland, ME 04101	$870,000	3	3	1,987	–
13 St Lawrence Street, Portland, ME 04101	–	–	–	–	3,655

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