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Daniel Picard

daniel@rootsinmaine.com +1(207) 571-0839

Listed by Christopher St.Pierre EXP Realty

$ 1,319,000

Est. payment | -/mo

6 Baths

5,650 SqFt

Save Virtual Tour

$ 1,319,000

Est. payment | -/mo

Save Virtual Tour

6 Baths

5,650 SqFt

Open House

Tue Jun 23, 10:00am - 11:30am

Thu Jun 25, 12:00pm - 1:30pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,650 sqft

Price per Sqft $233

MLS Listing ID 1668085

Full Baths 6

HOA Y/N No

Year Built 1910

Tax Year 2026

Lot Size 4,356 Sqft

Acres 0.1

Source Maine Listings

Land Area 5650

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. 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 - 1:30pm

All showings after group showings will be by appointment only. Allow at least 24 hours to notify tenants.

Location

State ME

County Cumberland

Zoning R6

Direction Take Mellon Street to Sherman, which is a one-way street and ends at Deering Ave

Rooms

Basement Interior Entry, Full, Unfinished, Brick/Mortar

Interior

Interior Features Bathtub, Shower

Heating Gas Natural, Baseboard, Forced Air, Hot Water, Zoned, Radiator

Cooling None

Flooring Carpet, Vinyl, Wood

Fireplace No

Laundry Laundry - Coin

Exterior

Parking Features No Driveway, None, Off Street

Utilities Available Utilities On

Roof Type Pitched,Shingle

Garage No

Building

Lot Description Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad, Corner Lot, Open Lot, Rolling Slope, Sidewalks

Foundation Block, Stone, Brick/Mortar

Water Public

Architectural Style Colonial

Others

Tax ID PTLD-000048-E000001-000001

Security Features Fire System

Virtual Tour https://hommati.tours/tour/2649330?play=no&mls=yes

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(207) 571-0839

daniel@rootsinmaine.com

Learn More About LPT Realty

146 Sherman ST Portland, ME 04101