64-66 Melbourne Street, Portland, ME 04101 (MLS # 1646114)

PRICE $1,362,000 BEDS 0 BATHS 3 HOME SIZE 3,433 sqft LOT SIZE 6,534 sqft Request More Info

Perched on one of Portland's most desirable neighborhoods, 64 Melbourne Street offers a unique opportunity to own a classic three-unit New Englander on an oversized 6,500+ sq. ft. double lot"”a true rarity on Munjoy Hill. This well-maintained property blends historic charm, income-producing potential, and intriguing development possibilities in one of the city's most walkable and vibrant neighborhoods. Inside, each two-bedroom apartment features a functional layout with abundant natural light, high ceilings, and the warm character common of Portland's turn-of-the-century homes. Whether you're an investor seeking reliable rental income or a homeowner planning to live in one unit while renting the others, the property's configuration offers flexibility and long-term value. Outside, the fenced-in yard provides ample space for gardening, entertaining, or pets, while private off-street parking adds everyday convenience"”an uncommon benefit on the East End. The rare double lot also presents significant expansion potential. Preliminary review indicates the parcel may be divisible, with the opportunity to create an additional buildable lot (minimum 2,000 sq. ft., subject to buyer verification). Just minutes from the Eastern Promenade, local cafés, award-winning restaurants, and scenic waterfront trails, 64 Melbourne Street offers a standout combination of comfort, location, and possibility"”right in the heart of Munjoy Hill. Showings start Saturday 12/13 at open house from 10-12.