A classic peninsula building that's clean, organized, well run & turnkey. This fully rented 8 unit offers 4 One bedroom apartments, 3 Two bedroom apartments and a third floor Three bedroom penthouse apartment with skylights and views. Convenient location near Deering Oaks Park, mostly all updated units, newer windows, brand new natural gas furnace, insulated & dry full basement, clean hallways, easy vinyl siding, managed coin operated laundry on site, hardwood floors & some charming features that all come together to make living as well as owning easeful, comfortable & enjoyable. Separated electrical & natural gas for cook stoves. Some off street parking. A unique and great opportunity to start or grow your investment portfolio with a solid, well maintained and stable property.
Closed
$1,250,000
1 Sherman Street, Portland, ME 04101
13beds
7,056sqft
Multi Family
Built in 1910
-- sqft lot
$1,491,800 Zestimate®
$177/sqft
$1,941 Estimated rent
Home value
$1,491,800
$1.33M - $1.70M
$1,941/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 16, 2025 at 07:06pm
Listed by:
Keller Williams Realty
Bought with:
F.O. Bailey Real Estate
Source: Maine Listings,MLS#: 1579386
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard, Hot Water, Zoned, Radiator
Cooling
- None
Appliances
- Laundry: Laundry - Coin
Features
- Flooring: Carpet, Laminate, Vinyl, Wood
- Basement: Exterior Entry,Dirt Floor,Walk-Out Access,Full,Unfinished,Brick/Mortar
Interior area
- Total structure area: 7,056
- Total interior livable area: 7,056 sqft
- Finished area above ground: 7,056
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Gravel, 1 - 4 Spaces, On Site, Off Street, On Street
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 3
Lot
- Size: 4,791 sqft
- Features: Business District, City Lot, Near Shopping, Neighborhood, Corner Lot, Open Lot, Sidewalks
Details
- Zoning: R6
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/1/2024 | Pending sale | $1,325,000+6%$188/sqft |
Source:  Maine Listings #1579386 | ||
| 1/31/2024 | Sold | $1,250,000-5.7%$177/sqft |
Source: Maine Listings #1579386 | ||
| 1/18/2024 | Contingent | $1,325,000$188/sqft |
Source: Maine Listings #1579386 | ||
| 1/2/2024 | Listed for sale | $1,325,000$188/sqft |
Source: Maine Listings #1579386 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Parkside
Nearby schools
GreatSchools rating
- 3/10Howard C Reiche Community SchoolGrades: PK-5Distance: 0.4 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 0.4 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,491,800
2% more+ $29,836
With Zillow Showcase(estimated)
$1,521,636