78 Atlantic Street, Portland, ME 04101 (MLS# 1641989)

78 Atlantic Street, Portland, ME 04101

$1,650,000
Property Type: Multi-Family Baths: 3 Square Footage: 2,700 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $1,650,000 List Date: 10/27/2025 Last Modified: 10/27/2025

Description

Rare opportunity! A double lot on the corner of Atlantic Street and Monument Street in Portland's Most Sought-After Neighborhood! This exceptional property offers an income producing three-unit multi-family + adjacent buildable lot or expansive green space nestled atop the iconic Munjoy Hill, with ocean views from the third floor and R6 zoning, the possibilities are endless! Whether you want to move in and generate rental income & enjoy the beautifully landscaped green space, expand the existing structure, build your dream home, or develop multiple condos, this property offers unmatched flexibility and potential. Located between Congress St & Fore St, you are within walking distance of the Eastern Promenade, East End Beach, scenic walking trails, award-winning restaurants, vibrant art galleries, and leading institutions like WEX and the Northeastern University Roux Institute. Don't miss this rare chance to own a piece of Portland's most desirable real estate!

Supplements: ********

More Information MLS# 1641989

Location Information

Street #: 78 Street Name: Atlantic Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 4434 Leased Land: No Book: 23754 Page: 1 Map: 16 Block: 1 Lot: 24 Zoning: R6 Zoning Overlay: Unknown Association: No Full Tax Amount $: 12139 Tax Year: 2024 Tree Growth Y/N: No Geo Lat: 43.665766 Geo Lon: -70.246272

Contract Information

Status: Active Original List Price: 1650000 List Price: $1,650,000 Current Price: $1,650,000

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Number of Units: 3 Total Baths: 3 Total Full Baths: 3 Color: Green Year Built: 1872 SqFt Finished Above Grade: 2700 SqFt Finished Total: 2700 SqFt Source: Public Records Furniture: Negotiable Garage: No Lot Size Acres +/-: 0.17 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 177 Source of Road Frontage: Public Records

Water Info

Water Frontage: No Water View: Yes Water Body Name: Casco Bay

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 4 # Water Heaters: 3

Units

# of 1 BD Units: 1 # of 2 BD Units: 2

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 4500 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 4100 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1250 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Property Features

Site: Corner Lot; Level; Open; Sidewalks; Well Landscaped Location: Intown; Near Public Beach; Near Shopping; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Water Body Type: Ocean Style: Colonial Structure Type: Post & Beam Construction: Wood Frame Other Structures: Shed(s) Basement: Brick/Mortar; Bulkhead; Full; Unfinished Basement Entry: Bulkhead; Interior Foundation Materials: Brick/Mortar; Stone Exterior: Aluminum Siding Roof: Shingle Heat System: Direct Vent Heater Heat Fuel: Gas Natural Water Heater: Electric; Tank Cooling: Window Unit(s) Floors: Hardwood; Tile Patio and Porch Features: Patio Driveway: Paved Parking: 1 - 4 Spaces; On Site; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Listing Office: Portside Real Estate Group
Last Updated: October - 27 - 2025
78 Atlantic Street, Portland, ME 04101- MLS# 1641989
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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