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  • $1,600,000

    42 Lafayette Street, Portland, ME 04101

    5beds
    3,231sqft
    Multi Family
    Built in 1865
    -- sqft lot
    $1,733,800 Zestimate®
    $495/sqft
    $3,436 Estimated rent

    Home value

    $1,733,800

    $1.61M - $1.87M

    $3,436/mo

    Zestimate® history
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    $8,071/mo

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    $8,071/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Benchmark Real Estate

    Bought with:

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1566545MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Features
    • 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
    • Flooring: Laminate, Tile, Wood
    • Basement: Interior Entry,Full,Unfinished
    Interior area
    • Total structure area: 3,231
    • Total interior livable area: 3,231 sqft
    • Finished area above ground: 3,231
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Paved, 1 - 4 Spaces, On Site, Off Street, Garage Door Opener, Detached
    • Garage spaces: 1
    Features
    • Has view: Yes
    • View description: Scenic
    Lot
    • Size: 6,098 sqft
    • Features: City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad, Level, Open Lot, Sidewalks, Landscaped
    Details
    • Additional structures: Outbuilding
    • Parcel number: 42Lafayette StreetPortland14A13
    • Zoning: R6

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mansard
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1865

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Portland
    • Subdivision: Munjoy Hill ~ East End

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/6/2023Sold$1,600,000$495/sqft
    Source: Maine Listings #1566545 Report a problem
    8/14/2023Pending sale$1,600,000$495/sqft
    Source: Maine Listings #1566545 Report a problem
    7/25/2023Listed for sale$1,600,000+392.3%$495/sqft
    Source: Maine Listings #1566545 Report a problem
    7/19/2013Sold$325,000+10.2%$101/sqft
    Source: Maine Listings #1098341 Report a problem
    1/20/2012Sold$295,000$91/sqft
    Source: Maine Listings #1035318 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: East End

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

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    $1,733,800
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    +$34,676
    With Zillow Showcase(estimated)
    $1,768,476