Located on the prominent corner of Munjoy and Wilson Streets, just a few blocks from the Eastern Promenade and directly abutting neighborhood green space, this impressive five-unit (originally built as four 1,500 SF apartments) property offers a rare combination of scale, location, and future potential. Approximately 6,100 square feet of living space, the building is currently configured with three spacious three-bedroom, one-bath apartments, each featuring generous living rooms, separate dining rooms, and full kitchens, while the remaining floor has been divided into a one-bedroom unit and a two-bedroom unit.
The building's exceptional size and coveted Munjoy Hill location create a wide range of opportunities for the next owner. A) The Owner Occupant who wants more space than a traditional, small, Portland apartment. Restore the four unit layout which allows a buyer to move into one and rent the others - free of Portland's rent control - and helps cover your rent. B) An Investor/Developer to convert to condos as four or five large, luxury units. With neighboring properties showcasing rooftop decks that capture the surrounding views, the potential for a similar addition, along with other thoughtful improvements, makes this a truly compelling offering.
25 days
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1,083
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40
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Zillow last checked:
Listing updated:
Listed by:
Vitalius Real Estate Group, LLC
Source: Maine Listings,MLS#: 1672919
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 5
Full bathrooms: 5
Heating
Baseboard, Forced Air, Hot Water
Cooling
None
Features
Flooring: Wood
Basement: Doghouse,Interior Entry,Full,Unfinished
Interior area
Total structure area: 6,100
Total interior livable area: 6,100 sqft
Finished area above ground: 6,100
Finished area below ground: 0
Property
Parking
Parking features: Paved, 1 - 4 Spaces
Features
Levels: Multi/Split
Lot
Size: 5,227 Square Feet
Features: City Lot, Near Public Beach, Near Turnpike/Interstate, Near Town, Level, Open Lot, Sidewalks