Realize your home ownership dreams! This spacious interior townhouse in this newly built building offers 2 bedrooms, 1.5 bathrooms and a parking spot in a comfortable 818 sq ft. home. With its own raised garden bed, shed, and deck this home is ready to occupy today! Each parking spot will be EV-ready for the buyer to install their own charger- with the conduit running from parking lot to each individual electrical panel. Same with solar - the conduit running from roof to each unit. 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, this home will be close to everything! Baxter Boulevard and Payson park are within easy reach and you'll have easy access to I295. This Income Qualified Workforce Home 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, of which 2 are market rate and 6 being income restricted. Buyers will fill out a form to validate eligibility based on household size. Must be at or under 120percent of of Median Area Income.
CondoProperty Type
2026Year Built
0.41 acresLot Size
$365Price/Sq.Ft.
$450/moHOA Dues
1 spaceParking
Listed by Edmund {Ed} Gardner III• Gardner Real Estate Group
East Deering, located between Back Cove and Casco Bay, is a residential and waterfront Portland neighborhood with working-harbor edges and pocket parks. The neighborhood’s character concentrates around the Veranda Street corridor near Payson Park, where corner markets, takeout counters, and everyday errands set a steady, local rhythm. Community touchstones include the historic Tate House Museum, the Portland Yacht Club, and the Portland Trails network threading along the water. Housing ranges from compact capes and mid-century ranches to newer infill, often on quiet, tree-lined blocks. Shoreline views and salt-air breezes shape daily routines, while trail connections link to the peninsula and beyond.
Provided by Walk Score and Local Logic
Offer insights
41 W Presumpscot St Unit B · $298,500
$300K and above
75% chance or better to win
Why $300K+ is a strong offer
DAYS ON MARKET
60 days
The average home goes pending in 60 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Double-pane windows
Unfurnished
Bedrooms
2 bedrooms on the second floor
Bathrooms
1 full bathroom
1 half bathroom
Kitchen
Dishwasher
Electric range
Refrigerator
Laundry & utility
Laundry on the upper level
Flooring
Carpet
Bamboo
Luxury vinyl
Heating & cooling
Heat pump heating
Heat pump cooling
Exterior features
Deck
Level setting
Neighborhood location
Near turnpike/interstate
Home design
Townhouse
Condominium
Multi-level
Parking
Common paved parking
1–4 parking spaces
Security
Fire sprinkler system
Construction
Built in 2026
Wood-frame construction
Composition and vinyl siding
Shingle roof
Utilities
Circuit breakers
Public sewer
Private water source
Heat pump water heater
HOA & community
Monthly association fee of $450
Community of 6 units
Up to 2 pets allowed; breed and other restrictions apply
Electricity and solar
View estimated energy costs and solar savings for this home