146 Sherman Street, Portland, ME 04101
sale
$1,319,000
|
Other
Courtesy Of EXP REALTY LLC
PO Box 864, Rangeley, ME 04970
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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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Exterior Type: Vinyl Siding
- Exterior Type: Wood Frame
- Floor Covering: Vinyl
- Floor Covering: Wood
- Floor Covering: Carpet
- Heating System: Baseboard
- Heating System: Zoned
- Heating System: Hot Water(Heating)
- Heating System: Natural Gas
- Heating System: Other (Heating)
- MLSID: 1668100
- Roof Type: Shingle
- Rooms: Basement
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