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55 Sherman StreetPortland, ME 04101Price: $1,645,000

  • Price: $1,645,000
  • Est. Mortgage of $/month
  • 15 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,645,000List Price
  • 8Bathrooms
  • 0.26Acreage
  • 6,104Square Feet
Back on the market after rent board repair to bank capital projects and completed renovations. BANKED RENTS RECORDED & APPROVED. Within this 7-unit building, the first is a 2 bed, 2 bath apartment, which is currently owner occupied. This makes an ideal situation either for another owner to occupy, or it can be available to set the rent to current market rates. The other 6 apartments leave room for growth with their current rents. Well maintained and loved by one owner for 22 years this building has been upgraded with community and residents in mind. Many energy savings upgrades already completed. New roof (2022) with a 50 year, transferrable warranty. Fully fenced back yard for green space available for all to enjoy including canopy for sun shade, fire pit for extra warmth on spring/fall evenings, grill and sitting/sleeping swing to enjoy in warmer weather. Coin-op washer and dryer for extra monthly cash. Ideal peninsula location with an amazing walkability score of 97 to restaurants, shops, bars & services. Highly desirable deeded parking spaces for seven vehicles with no maintenance responsibilities. Excellent rental history and currently fully occupied.
Listed by Katherine Murray of Coldwell Banker Realty (207-773-1990)

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Caren Logan participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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