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Offered at $358,000Pending
beds
4
baths
2
sq ft
1,160
Built
2025

35 W Presumpscot Street #A

Portland, ME 04103

About this home

Realize your home ownership dreams! Each of the 2 spacious units in this new to-be-built duplex offers 4 bedrooms, 2 full bathrooms and 1 parking spot in a comfortable 1160 sq. ft. home. Each unit will have their own raised garden bed, and shed. These newly built homes will stay cozily warm -and cool - via the efficient heat pumps. Located near the Washington Avenue businesses as well as the Portland Peninsula, these units will be close to everything! Payson park and Back Cove Trail are within easy reach and you'll have fast access to I295. These Income Qualified Workforce Homes could be your door to the world of owning your own home! The Front Street Condominium Association is phase 3 of the Portland Housing Authority's award winning development of this special neighborhood. These brand new high quality condominium homes are being built to create new home-ownership opportunities in the city. 8 units total, with 2 are market rate and 6 will be income restricted. Each parking spot will be EV ready - with the conduit running from parking lot to individual electrical panel. Same with solar - conduit running from roof to each individual unit. Application process: Buyers will fill out a form to validate eligibility based on household size. Must be at or under 120percent of of Median Area Income. Occupancy expected June/July 2026.

Listing last checked: Listing updated:

Listed by Listing Agent · Gardner Real Estate Group · MLS #1637502

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Details at a glance

Interior5 property facts
Rooms
7
Heating
Electric, Heat Pump
Cooling
Heat Pump
Flooring
Carpet, Bamboo, Vinyl
Fireplaces
0
Building4 property facts
Style
Duplex
Year built
2025
Garage
0
Roof
Shingle
Land & utilities4 property facts
Lot size
0.41 acres
Water
Public
Sewer
Public Sewer
Zoning
RN-3
Financial3 property facts
Annual taxes
$7,667
Assessment year
2026
HOA fee
$450 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $358,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,449 / monthAdjust
Principal & interest
$1,810
Property tax
$639
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $7,667. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $450. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 35 W Presumpscot Street #A

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Request a tour of 35 W Presumpscot Street #A and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.