101 - 107 Congress Street, Portland, ME 04101

$1,275,000
Property Type: Multi-Family Baths: 4 Square Footage: 5,619 Lot Size (sq. ft.): 2,178 Status: Closed
Current Price: $1,275,000 List Date: 7/11/2025 Last Modified: 11/05/2025

Description

Offered for the First Time in 47 Years - A Rare Munjoy Hill Icon. Located at the pinnacle of Portland's sought-after Munjoy Hill, 101-107 Congress Street is a distinctive Italianate-style building offering a rare investment or live/work opportunity in one of the city's most vibrant neighborhoods. This mixed-use property features four well-maintained 2-bedroom, 1-bath apartments on the upper floors and versatile ground-floor commercial space—perfect for a home office, retail venture, or studio. The commercial level was once two separate storefronts, each with its own private entrance, offering exceptional flexibility for live/work or rental income. Enjoy sweeping views of the Portland Observatory and Casco Bay, just steps from the Eastern Promenade, downtown, and the working waterfront. Whether you're dreaming of an owner-occupied residence with supplemental income or a multi-use property that evolves with your lifestyle, this is an exceptional property in the heart of Munjoy Hill - Group Showing Wednesday 9/17 - 12:00-1:00pm

Supplements: ********

More Information MLS# 1630053

Location Information

Book: 37333 Leased Land: No Page: 300 Map: 14 Block: D Lot: 1 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 101 - 107 Street Name: Congress Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 3603 Zoning: B1 Neighborhood Association: Munjoy Hill Full Tax Amount $: 13425 Tax Year: 2024 Geo Lat: 43.666473 Geo Lon: -70.247468

Property Information

Surveyed: Unknown Seasonal: No Number of Units: 4 Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: All Lot Size Acres +/-: 0.05 Total Baths: 4 Total Half Baths: 0 Color: Natural SqFt Finished Above Grade: 5619 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 4 Year Built: 1887 SqFt Finished Total: 5619 Source of Acreage: Public Records

Site

Corner Lot: 1 Level: 1 Sidewalks: 1

Location

Business District: 1 Intown: 1 Near Public Beach: 1 Near Shopping: 1 Near Turnpike/Interstate: 1 Neighborhood: 1

Roads

Public: 1

Transportation

Deep Water Access: 1 Major Road Access: 1 Near Airport: 1 Public Transport Access: 1 Rail Available: 1

Water Info

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

Water Body Type

Bay: 1 Ocean: 1

Recreational Water

Nearby: 1 Oceanfront: 1 Public: 1 ROW to Water: 1 Waterfront Deep: 1

Style

New Englander: 1 Other: 1 Victorian: 1

Construction

Wood Frame: 1

Levels

Multi-Level: 1

Basement

Full: 1 Unfinished: 1

View

Scenic: 1

Foundation Materials

Brick/Mortar: 1 Stone: 1

Exterior

Clapboard: 1 Wood Siding: 1

Roof

Membrane: 1

Heat System

Baseboard: 1 Hot Water: 1 Radiator: 1

Energy Efficiency

Recirculating Hot Water: 1 Thermostat: 1 Water Heater: 1

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 1 # Water Heaters: 1

Heat Fuel

Gas Natural: 1

Income & Expenses

Gross Income: 108811 Operating Expenses: 38982

Cooling

None: 1

Floors

Tile: 1 Vinyl: 1 Wood: 1

Units

# of 2 BD Units: 4

Parking

No Parking: 1

Unit 1

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1568.25 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1 Generator Hookup: 1

Unit 2

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 1395 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1751.73 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Natural - On Site: 1

Unit 4

Lease: No Level: Third Security Deposit: No Monthly Rent: 1353 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: No Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: Yes Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

No Driveway: 1

Basement Entry

Bulkhead: 1 Interior: 1

Water Heater

Gas: 1 Off Heating System: 1

Window Features

Storm Window(s): 1

Amenities

Storage: 1

Equipment

Cable: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 1695000 Sold Price: $1,275,000 Current Price: $1,275,000

Status Change Info

Pending Date: 2025-09-25 Closed Date: 2025-11-05 Closed Price: 1275000

Property Features

Site: Corner Lot; Level; Sidewalks Location: Business District; Intown; Near Public Beach; Near Shopping; Near Turnpike/Interstate; Neighborhood Roads: Public Transportation: Deep Water Access; Major Road Access; Near Airport; Public Transport Access; Rail Available Water Body Type: Bay; Ocean Recreational Water: Nearby; Oceanfront; Public; ROW to Water; Waterfront Deep View: Scenic Style: New Englander; Other; Victorian Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Bulkhead; Interior Foundation Materials: Brick/Mortar; Stone Exterior: Clapboard; Wood Siding Roof: Membrane Heat System: Baseboard; Hot Water; Radiator Heat Fuel: Gas Natural Water Heater: Gas; Off Heating System Cooling: None Floors: Tile; Vinyl; Wood Window Features: Storm Window(s) Amenities: Storage Equipment: Cable Energy Efficiency: Recirculating Hot Water; Thermostat; Water Heater Driveway: No Driveway Parking: No Parking Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers; Generator Hookup Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Marsden Real Estate
IDX
Last Updated: November - 05 - 2025
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