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

Overview

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 (remem ... (Read more)

Listing Details 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

Contract Information

Original List Price: 1600000

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: Yes
Lot Size Acres +/-: 0.14
Source of Acreage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0

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

More Information

Units

# of 2 BD Units: Yes
# of 3 BD Units: Yes

Unit 1

Lease: No
Level: First
Security Deposit: No
Monthly Rent: 3410
# Full Baths: Yes
# 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

Site

Level: Yes
Open: Yes
Sidewalks: Yes
Well Landscaped: Yes

Location

Intown: Yes
Near Country Club: Yes
Near Golf Course: Yes
Near Public Beach: Yes
Near Railroad: Yes
Near Shopping: Yes
Near Town: Yes
Near Turnpike/Interstate: Yes
Neighborhood: Yes

Roads

Paved: Yes
Public: Yes

Transportation

Deep Water Access: Yes
Major Road Access: Yes
Near Airport: Yes
Public Transport Access: Yes

Recreational Water

Nearby: Yes
Oceanfront: Yes
Public: Yes

Style

Mansard: Yes

Construction

Wood Frame: Yes

Other Structures

Outbuilding: Yes

Basement

Full: Yes
Unfinished: Yes

View

Scenic: Yes

Foundation Materials

Brick/Mortar: Yes
Stone: Yes

Exterior

Wood Siding: Yes

Roof

Shingle: Yes

Heat System

Heat Pump: Yes

Heat Fuel

Electric: Yes

Income & Expenses

Gross Income: 89340
Operating Expenses: 14300

Cooling

Heat Pump: Yes

Floors

Laminate: Yes
Tile: Yes
Wood: Yes

Parking

1 - 4 Spaces: Yes
Off Street: Yes
On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - At Street: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Interior: Yes

Water Heater

Electric: Yes

Amenities

1st Floor Bedroom: Yes
Bathtub: Yes
Laundry - 1st Floor: Yes
Laundry - 2nd Floor: Yes
Laundry - Hookup: Yes
One-Floor Living: Yes
Other Amenities: Yes
Primary Bedroom w/Bath: Yes
Shower: Yes
Storage: Yes
Walk-in Closets: Yes

Vehicle Storage

1 Car: Yes
Auto Door Opener: Yes
Detached: Yes

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

Property Disclosure ›

Multi Family Addendum ›

Boundary Survey ›

Floor Plans ›

Deed ›

Lead Paint Disclosure ›

IDX

Listing Office: Benchmark Real Estate

Selling Office: Portside Real Estate Group

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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.