16 Montrose AVE, Portland, ME 04103
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16 Montrose AVE, Portland, ME 04103
16 Montrose AVE, Portland, ME 04103
16 Montrose AVE, Portland, ME 04103
16 Montrose AVE, Portland, ME 04103
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Listed by Joshua Caron Maine Community Real Estate
$ 1,195,000
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16 Montrose AVE Portland, ME 04103

3 Baths

4,410 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,410 sqft

Price per Sqft $270

MLS Listing ID 1679908

Full Baths 3

HOA Y/N No

Year Built 1885

Tax Year 2025

Lot Size 9,583 Sqft

Acres 0.22

Source Maine Listings

Land Area 4410

Property Description

Exceptional opportunity in Portland's desirable Rosemont neighborhood! 14-16 Montrose Avenue offers three spacious residential units, numerous updates, a detached 3-car garage and a location that continues to make this neighborhood one of Portland's most sought-after residential areas. Each of the three units offers generous living space, creating an attractive opportunity for investors as well as an owner-occupant looking to combine comfortable living with rental income. Numerous improvements have been completed throughout the property, while the detached three-car garage provides valuable parking and storage rarely found with Portland multi-units. Adding another interesting dimension, the property's deed describes the premises as two lots within the historic Rosemont subdivision, and City parcel mapping depicts two underlying parcels. The existing 3-unit and detached garage are situated on opposite parcels. This configuration may offer intriguing future possibilities for a buyer willing to explore the property's development potential with the City of Portland. A rare combination of three substantial units, a 3-car garage, desirable neighborhood setting and potential future upside—all just minutes from downtown Portland. Development potential has not been approved or confirmed. Buyers are responsible for independently verifying permitted uses and development potential with the City of Portland.

Location

State ME

County Cumberland

Zoning R5

Direction From Stevens Ave. turn onto Montrose Ave. Property is on the left.

Rooms

Basement Bulkhead, Interior Entry, Full, Unfinished

Interior

Interior Features Bathtub, Pantry, Shower, Storage

Heating Gas Natural, Radiator, Steam

Cooling None

Flooring Vinyl, Wood

Equipment Internet Access Available

Furnishings Unfurnished

Fireplace No

Laundry Laundry - Coin

Exterior

Parking Features Paved, 5 - 10 Spaces, On Site, Detached

Garage Spaces 3.0

Waterfront Description Nearby

View Scenic

Roof Type Flat,Membrane,Shingle

Accessibility 32 - 36 Inch Doors

Porch Deck

Garage Yes

Building

Lot Description Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Corner Lot, Sidewalks, Near Public Transit

Story 3

Entry Level Multi-Level

Foundation Stone, Poured Concrete

Water Public

Architectural Style Other

Others

Tax ID PTLD-000176-H000008-000001

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange


Maine MLS (MREIS) IDX
Stacy Hood

Stacy Hood

Sales Agent

+1(207) 332-5928

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16 Montrose AVE