146 Sherman ST, Portland, ME 04101
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146 Sherman ST, Portland, ME 04101
146 Sherman ST, Portland, ME 04101
146 Sherman ST, Portland, ME 04101
146 Sherman ST, Portland, ME 04101
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Paige Klein

Paige Klein

+1(207) 370-1529
Listed by Christopher St.Pierre EXP Realty
$ 1,319,000
Est. payment /mo
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Active

146 Sherman ST Portland, ME 04101

5,650 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,650 sqft

Price per Sqft $233

MLS Listing ID 1668100

HOA Y/N No

Year Built 1910

Tax Year 2026

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Multi Family

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. 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.

Location

State ME

County Cumberland

Zoning R6

Rooms

Basement Full, Unfinished, Brick/Mortar

Interior

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

Cooling None

Flooring Carpet, Vinyl, Wood

Exterior

Parking Features None, Off Street

Roof Type Pitched,Shingle

Building

Lot Description Near Shopping

Entry Level Multi-Level

Foundation Block, Stone, Brick/Mortar

Water Public

Others

Tax ID PTLD-000048-E000001-000001

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

Maine MLS (MREIS) IDX
Paige Klein
Paige Klein

Broker | License ID: BR928579

+1(207) 370-1529 | paigeklein@portsidereg.com

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146 Sherman ST