Bought with Portside Real Estate Group
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42 Lafayette ST Portland, ME 04101
SOLD DATE : 10/06/2023Want to know what your home might be worth? Contact us for a FREE valuation!
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Key Details
Sold Price $1,600,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,231 sqft
Subdivision Munjoy Hill ~ East End
MLS Listing ID 1566545
Sold Date 10/06/23
Style Mansard
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,231
Originating Board Maine Listings
Year Built 1865
Annual Tax Amount $11,956
Tax Year 2022
Lot Size 6,098 Sqft
Acres 0.14
Property Description
From a commanding location at the very precipice of Portland's prestigious Munjoy Hill this grand home that dates back to 1865 has been restored and reimagined and delivers the ideal owner occupant experience. 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, new driveway 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 has already received approvals for condo conversion. 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 this terrific 2 family, buy and convert back to a single family or buy and turn around and sell as condos. The possibilities are many for this historic yet modern marvel on Munjoy Hill.
Location
State ME
County Cumberland
Zoning R6
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living, Other, Shower, Walk-In Closet(s), Storage, Primary Bedroom w/Bath
Heating Heat Pump
Cooling Heat Pump
Flooring Wood, Tile, Laminate
Laundry Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
Exterior
Garage 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Detached, Off Street
Garage Spaces 1.0
Waterfront No
View Y/N Yes
View Scenic
Roof Type Shingle
Street Surface Paved
Garage Yes
Building
Lot Description Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Mansard
Structure Type Wood Siding,Wood Frame
Others
Energy Description Electric
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