48 Ashmont Street, Portland, ME, 04103

At the base of Deering Highlands, blocks from Back Cove, and firmly in Portland's Oakdale neighborhood, this updated Victorian offers convenience, charm, and value. Many updates and upgrades—including extensive siding work, fresh exterior paint, and a newer roof—make it move-in ready. The remarkably affordable price also reflects the home's upside potential, as similar properties in the area have sold for 1M or more. Although just over 2,000 square feet, the layout lives large with plenty of space for friends, family, and work-from-home flexibility. Inside you'll find a south-facing mudroom/sunroom, eat-in kitchen, formal dining, side sunroom, and spacious living room. Upstairs are three bedrooms and a full bath, while the third floor adds two additional rooms—ideal for bedrooms, home office, or flex space. With a recently cleaned and serviced boiler, attached garage, and a low-maintenance yet enchanting yard and gardens, the appeal is apparent. Location is everything, and here you can walk to everything you need: from parks and playgrounds to eateries, education, and art galleries. Nearby are the University of Southern Maine's Portland Campus, UNE's Portland Campus, Deering Center schools, Ocean Avenue Elementary, and the forthcoming Roux Institute. Add in Back Cove Trail, Longfellow Park, and a host of other recreational areas to make this one of Portland's most complete neighborhoods. At this price point, the opportunity is truly rare—a chance to break into a coveted neighborhood with room to build equity. For buyers seeking a move-in ready home, those eager to roll up their sleeves for a massive equity boost, or even investors eyeing a potential flip, this property delivers.