146 Sherman St, Portland, ME 04101

$1,319,000
6
BA
5,650
SqFt

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Listing courtesy of EXP Realty.

List Price
$1,319,000
MLS#
1668085
Status
ACTIVE
Type
Multifamily
City
Portland
County
Cumberland
Bathrooms
6
Living Area
5,650
Lot Size
4,356
Year Built
1910

Property Description

Prime 5-unit multifamily investment opportunity in Portland's desirable West End in Parkside. Featuring four 2-bedroom units and two 1-bedroom units, this income-producing property offers excellent tenant demand, and future upside potential. The current owner has offered the units to his employees at a discounted rental rate. Owner initiated process to legalize 6th unit with fire escape addition but was unable to resolve with the city. The property had a safety inspection completed by the city with the third floor broken up into two, two-bedroom units instead of one combined four-bedroom unit. Conveniently located minutes from Downtown Portland, Maine Medical Center, restaurants, shops, and public transportation. A rare opportunity to acquire a well-located multifamily asset. Group showings: Tuesday, June 23rd at 10am - 11:30am Thursday, June 25th at 12pm - 1:00pm All showings after group showings will be by appointment only. Allow at least 24 hours to notify tenants.

Additional Information

Living Area
5,650
Electric
Circuit Breakers
Water
Public
Basement
Interior Entry, Full, Unfinished, Brick/Mortar
Cooling
None
Year Built
1910
Acres
0.10
Roof
Pitched, Shingle
Foundation
Block, Stone, Brick/Mortar
Style
Colonial
Courtesy Of Listing Office
EXP Realty

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Calculator source: Real Geeks

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