65 Dougherty Ct Unit 203, Portland, ME 04102

Property Description

The last available 3-bedroom at Dougherty Commons -- Portland homeownership priced for real budgets. This two-level, 1.5-bath condo offers approx. 1,093 sq ft across two floors: an open kitchen/living/dining level below and three comfortable bedrooms above. Finishes include luxury vinyl plank flooring, Merillat maple cabinetry, GE Energy Star stainless appliances, and high-performance Harvey windows. All-electric systems -- LG heat pumps for heating and cooling plus ERV fresh-air ventilation -- earn DOE Zero Energy Ready certification with a HERS rating of 34-42, keeping monthly electric bills (heat included) remarkably low. Sprinklered throughout; precision modular construction built at the KBS factory in Poland, Maine and finished on site. A modest monthly condo fee covers water/sewer, trash, grounds care, master insurance, and reserves. Free street parking on Douglass and St James Streets; optional lot space available. Steps from Dougherty Fields -- playground, outdoor pool, skate park, and ballfields -- with Metro bus lines 1, 4, 5, 7 and 9 and the Portland Transportation Center (Amtrak Downeaster) a short walk away. This home is income-restricted: total household income must be at or below the Area Median Income limit at purchase, and the program requires a household of three or more members. Owner-occupancy required; no asset limit; the income test applies at time of purchase only. Resale price grows with AMI, so owners build real equity while the home stays affordable for the next family. Buyers may qualify for MaineHousing Advantage and First Generation assistance programs plus FHLB grants -- some past buyers have reached the closing table with very little cash -- and MaineHousing loans are exempt from Maine real estate transfer tax. Nearly all of Phase 2 is already owner-occupied. Eligibility sheet and project lender list available -- come see this rare Portland opportunity.