42 Lafayette Street, Portland, ME 04101 (MLS# 1566545)
42 Lafayette Street, Portland, ME 04101
$1,600,000
Property Type:
Multi-Family
Baths:
3
Square Footage:
3,231
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$1,600,000
List Date:
7/25/2023
Last Modified:
1/15/2025
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.
Supplements: ********
More Information MLS# 1566545
Location Information
Street #: 42
Street Name: Lafayette
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 3232
Leased Land: No
Book: 35388
Page: 099
Map: 14
Block: A
Lot: 13
Zoning: R6
Zoning Overlay: Yes
Neighborhood Association: Munjoy Hill ~ East End
Association: No
Full Tax Amount $: 11956
Tax Year: 2022
Geo Lat: 43.667143
Geo Lon: -70.248956
Contract Information
Status: Closed
Original List Price: 1600000
Sold Price: $1,600,000
Current Price: $1,600,000
Property Information
Surveyed: Unknown
Seasonal: No
Deed/Conveyance Type Offered: Warranty
Number of Units: 2
Total Baths: 3
Total Full Baths: 3
Color: Sage
Year Built: 1865
SqFt Finished Above Grade: 3231
SqFt Finished Total: 3231
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 1
Lot Size Acres +/-: 0.14
Source of Acreage: Public Records
Status Change Info
Pending Date: 2023-08-05
Closed Date: 2023-10-06
Closed Price: 1600000
Water Info
Water Frontage: No
Water View: No
Building Info
# Floors: 3
# Heating Units: 3
# Water Heaters: 2
Units
# of 2 BD Units: 1
# of 3 BD Units: 1
Unit 1
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 3410
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2
Lease: No
Level: Second
Security Deposit: No
Monthly Rent: 4950
# Full Baths: 2
# of Rooms: 6
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: Yes
Sold Info
Appraiser Email Address: gspappraisal@gmail.com
Property Features
Site: Level; Open; Sidewalks; Well Landscaped
Location: Intown; Near Country Club; Near Golf Course; Near Public Beach; Near Railroad; Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood
Roads: Paved; Public
Transportation: Deep Water Access; Major Road Access; Near Airport; Public Transport Access
Recreational Water: Nearby; Oceanfront; Public
View: Scenic
Style: Mansard
Construction: Wood Frame
Other Structures: Outbuilding
Basement: Full; Unfinished
Basement Entry: Interior
Foundation Materials: Brick/Mortar; Stone
Exterior: Wood Siding
Roof: Shingle
Heat System: Heat Pump
Water Heater: Electric
Cooling: Heat Pump
Floors: Laminate; Tile; Wood
Amenities: 1st Floor Bedroom; Bathtub; Laundry - 1st Floor; Laundry - 2nd Floor; Laundry - Hookup; One-Floor Living; Other Amenities; Primary Bedroom w/Bath; Shower; Storage; Walk-in Closets
Driveway: Paved
Parking: 1 - 4 Spaces; Off Street; On Site; Paved
Vehicle Storage: 1 Car; Auto Door Opener; Detached
Electric: Circuit Breakers
Gas: Natural - At Street
Sewer: Public Sewer
Water: Public
Documents
Listing Office: Benchmark Real Estate
Last Updated: January - 15 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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