12 Romasco Ln Portland, ME 04101
East End NeighborhoodEstimated payment $5,124/month
Highlights
- Water Views
- Deck
- Property is near public transit
- Nearby Water Access
- Contemporary Architecture
- 3-minute walk to Peppermint Park
About This Home
Second Floor Unit Now Vacant!
In a city where the old meets the bold, 12 Romasco Lane stands at the intersection. This isn't your typical Munjoy Hill multi. It's sharper. Smarter. Built for the investor who wants both return and refinement, or the owner-occupant who refuses to compromise.
Two units, fully remodeled, running lean and green. The first-floor unit—a crisp, uncomplicated 1-bedroom, 1-bath—perfectly sized and effortlessly livable. Upstairs, a 2-bedroom, 2-bath retreat with clever built-ins, a custom Murphy bed, and space carved out for life to happen. Thinking bigger? There's already potential in place to add a deck off the primary suite—because in Portland, outdoor space is gold.
And then there's what you can't see but feel: double stud walls, triple-pane windows, and passive solar design keeping the interior serene, warm, efficient. Even the air moves smarter here—engineered for natural ventilation when the breeze calls. Safety's covered too, with a full sprinkler system.
Both units serve up sweeping water views of Back Bay Cove and clean lines wrapped around stainless steel finishes. Tenants are month-to-month, giving you freedom to pivot.
Munjoy Hill is Portland's crown jewel. Romasco Lane places you right in the middle of its rhythm—Set in close proximity to Munjoy Hill's top restaurants, green spaces, and the working waterfront.
Modern living. Thoughtful design. A rare chance to own something different on the Hill.
Photos pre-tenant occupancy. Property card says square footage is 1729 sq. ft., but seller believes it to be less. Buyer encouraged to verify.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,688
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
- Landscaped
- Sloped Lot
- Sprinkler System
Home Design
- Contemporary Architecture
- New Englander Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Concrete Fiber Board Siding
Interior Spaces
- 1,729 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Triple Pane Windows
- Low Emissivity Windows
- Vinyl Flooring
- Water Views
- Fire Sprinkler System
- ENERGY STAR Qualified Appliances
Bedrooms and Bathrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- 3 Full Bathrooms
- Low Flow Toliet
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Unfinished Basement
- Brick Basement
- Exterior Basement Entry
- Dirt Floor
- Crawl Space
Parking
- Electric Vehicle Home Charger
- Driveway
- Paved Parking
- On-Street Parking
- On-Site Parking
- Off-Street Parking
Eco-Friendly Details
- ENERGY STAR/CFL/LED Lights
- Air Exchanger
Outdoor Features
- Nearby Water Access
- Deck
Location
- Property is near public transit
- Suburban Location
- City Lot
Utilities
- Cooling Available
- Zoned Heating
- Heat Pump System
- High-Efficiency Water Heater
- Hot Water Circulator
- Internet Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 19 / 1
- Assessor Parcel Number PTLD-000013-I000019-000001
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $4,625
- Gross Income $54,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $7,688 | $512,200 | $170,500 | $341,700 |
2023 | $7,381 | $512,200 | $170,500 | $341,700 |
2022 | $6,971 | $512,200 | $170,500 | $341,700 |
2021 | $6,653 | $512,200 | $170,500 | $341,700 |
2020 | $6,238 | $267,600 | $89,700 | $177,900 |
2019 | $5,014 | $215,100 | $89,700 | $125,400 |
2018 | $4,835 | $215,100 | $89,700 | $125,400 |
2017 | $4,657 | $215,100 | $89,700 | $125,400 |
2016 | $4,541 | $215,100 | $89,700 | $125,400 |
2015 | $4,438 | $215,100 | $89,700 | $125,400 |
2014 | $4,302 | $215,100 | $89,700 | $125,400 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/10/2025 06/10/25 | Price Changed | $849,000 | -5.7% | $491 / Sq Ft |
03/18/2025 03/18/25 | For Sale | $899,999 | -- | $521 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $25,000 | Balloon | |
Open | $300,000 | Stand Alone Refi Refinance Of Original Loan | |
Closed | $15,000 | Unknown | |
Closed | $250,000 | Unknown | |
Closed | $161,324 | FHA | |
Closed | $162,506 | FHA |
Source: Maine Listings
MLS Number: 1616419

APN: PTLD-000013-000000-I019001
- 106 Cumberland Ave Unit 201
- 106 Cumberland Ave Unit 101
- 58 Cumberland Ave Unit 1
- 58 Cumberland Ave Unit 5
- 58 Cumberland Ave Unit 4
- 202 Congress St
- 123 Cumberland Ave
- 22 Madison St
- 156 Sheridan St Unit 2
- 104 Monument St
- 115 Congress St
- 67 North St
- 101 - 107 Congress St
- 20 Fox St
- 25 Monument St Unit 2
- 50 Hancock St
- 77 Newbury St
- 10 Hammond St Unit 103
- 21 Merrill St
- 20 Howard St
- 103 Congress St Unit 103-2
- 27B Mountfort St
- 8 Quebec St Unit 1
- 151 North St
- 223 Cumberland Ave Unit 2A
- 188 Eastern Promenade Unit 2
- 218 Washington Ave Unit 108
- 218 Washington Ave Unit 311
- 45 Eastern Promenade Unit 11
- 201 Federal St
- 132 Marginal Way
- 117 Preble St
- 52 Hanover St
- 547 Congress St Unit 3B
- 401 Cumberland Ave
- 383 Commercial St Unit Hobsons Landing Portland
- 383 Commercial St Unit 610
- 387 Commercial St Unit Penthouse
- 25 High St Unit 307
- 643-649 Congress St