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42 Lafayette StreetPortland, ME 04101Price: $1,600,000

  • Price: $1,600,000
  • Est. Mortgage of $/month
  • 67 Days on Market
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Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,600,000List Price
  • 3Bathrooms
  • 0.14Acreage
  • 3,231Square Feet

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Listed by Benchmark Real Estate
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.

Property Details of 42 Lafayette Street

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Coldwell Banker | Sandy River Realty participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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