Portland, ME 04101 74 Melbourne Street
$1,295,000
Pending



109 more














































































































Presented By:
Home Details
Introducing a beautifully updated 3-unit property in the highly sought-after Munjoy Hill neighborhood. This home seamlessly combines modern amenities with classic charm, offering excellent access to all that Portland has to offer.
The property has been well-maintained and features updated systems, including energy-efficient heat pumps, solar panels, and a hybrid hot water heater, ensuring comfort and sustainability year-round. Since its purchase in 2017, the property has undergone many additional improvements, such as two renovated bathrooms, new roof, and new driveway, making it truly turnkey and move-in ready.
The top-floor owner's unit offers glimpses of Casco Bay and features a well-designed and recently renovated living space filled with natural light. A key feature is the pop-out balcony window, which expands the living area and provides outdoor space with panoramic views. The gas fireplace, installed in 2018, creates a cozy feeling throughout the winter. The other units have also been thoughtfully updated and offer spacious, comfortable living areas, making this property a great option for both owners and tenants.
Additional highlights include off-street parking for added convenience and shared laundry facilities on the 2nd floor, offering ease for all residents.
Just a short walk to award-winning restaurants, popular food trucks, the scenic Back Cove, and Eastern Trail walking paths, this location provides easy access to Portland's best attractions. You're also just steps away from Fort Sumner Park, where you can take in stunning views of the Portland city skyline. Additionally, East End Beach is nearby, offering a convenient spot to drop in a kayak and enjoy the waterfront.
This is a unique opportunity to own a well-maintained, turnkey investment property in one of Portland's most sought-after neighborhoods—ideal for investors or those seeking a convenient urban lifestyle.
Presented By:
Interior Features for 74 Melbourne Street
Bathrooms
Half Baths1
Total Baths4
Other Interior Features
Above Grade Finished Area3288.0
Air Conditioning Y/NYes
BasementInterior, Bulkhead, Full, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
Fireplace Y/NNo
FlooringWood, Tile
Heating Y/NYes
Laundry FeaturesUpper Level
Total Fireplaces
Total Stories3
General for 74 Melbourne Street
Additional Parcels Y/NNo
Architectural StyleOther, New Englander
Attached Garage No
Body of WaterCasco Bay
Carport Y/NNo
CityPortland
Construction MaterialsClapboard, Wood Frame
CoolingHeat Pump
CountyCumberland
ElectricPhotovoltaics Seller Owned, Circuit Breakers
Electric On Property Y/NNo
Full Baths3
Garage Spaces0.0
Garage Y/NNo
Gross Income87420.0
HeatingZoned, Hot Water, Heat Pump, Baseboard
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet3484.8
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total3
Operating Expense19860.0
Other StructuresOutbuilding
Patio/Porch FeaturesPatio
Pets AllowedNo Restrictions
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Stories3
Subdivision NameMunjoy Hill
Tax Annual Amount13206.0
Tax Lot8
Tax Year2024
UtilitiesUtilities On
ViewScenic
Virtual TourClick here
Waterfront Y/NNo
Year Built1880
ZoningRN-4
Exterior for 74 Melbourne Street
Building Area Total3288.0
Crops Included Y/NNo
Foundation DetailsStone, Brick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesOpen, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood
Lot Size Acres0.08
Lot Size Area0.08
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features1 - 4 Spaces, Paved, Off Street
SpaNo
Water SourcePublic
Additional Details

Calvin Hexter
Realty Team