146 Sherman St, Portland, ME 04101
- $1,319,000
- 5,650
- SqFt
Listing courtesy of EXP Realty.
- List Price
- $1,319,000
- MLS#
- 1668100
- Status
- ACTIVE
- Type
- Commercial
- City
- Portland
- County
- Cumberland
- 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. Featuring four 2-bedroom units and two 1-bedroom units, this income-producing property offers excellent tenant demand, and future upside potential. Owner initiated process to legalize 6th unit with fire escape addition but was unable to resolve with the city. The current owner has offered the units to his employees at a discounted rental rate. 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.
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Additional Information
- Living Area
- 5,650
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- Full, Unfinished, Brick/Mortar
- Cooling
- None
- Year Built
- 1910
- Acres
- 0.10
- Roof
- Pitched, Shingle
- Foundation
- Block, Stone, Brick/Mortar
- Courtesy Of Listing Office
- EXP Realty
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