3 Sherbrooke Street, Portland, ME 04101

$2,650,000

Property Type: Multi-Family Baths: 10 Square Footage: 8,976 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $2,650,000 List Date: 3/03/2022 Last Modified: 1/11/2025

Overview

Description

Ten Unit apartment building on Munjoy Hill with possibly the best views in the city. Unique opportunity in this tight inventory market to own a 100% occupied building in the most desirable part of the city. Amazing panoramic vistas of Casco Bay, Munjoy Hill Observatory, and Downtown Portland. Large penthouse unit with rooftop deck and wet bar. Potential for redevelopment, condo conversion, upgrading units, and possibly adding another level. Most apartments have original character with wood floors, moldings, high ceilings, and private decks. Located on the East End with easy walk to restaurants, shops, East End Beach, Portland Trail System, the India Street corridor, and the Old Port. Also listed Commercial MLS #1520910

Listing Details MLS# 1520908

Location Information

Street #: 3
Street Name: Sherbrooke
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 4339
Leased Land: No
Book: 21661
Page: 237
Map: 16
Block: H
Lot: 005
Zoning: R6
Zoning Overlay: No
Association: No
Full Tax Amount $: 28275
Tax Year: 2021

Contract Information

Original List Price: 2595000

Property Information

Surveyed: Unknown
Seasonal: No
Owner Occupied: Yes
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
2 Detached Houses on 1 Lot: No
Number of Units: 10
Total Baths: 10
Total Full Baths: 10
Color: White
Year Built: 1910
SqFt Finished Above Grade: 8976
SqFt Finished Total: 8976
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.15
Source of Acreage: Public Records
Road Frontage: Yes
Road Frontage +/-: 160
Source of Road Frontage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2022-03-09
Closed Date: 2022-04-13
Closed Price: 2650000

Water Info

Water Frontage: No
Water View: Yes
Water Body Name: Casco Bay

Building Info

# Floors: 3

More Information

Units

# of 1 BD Units: 3
# of 2 BD Units: 6
# of 3 BD Units: Yes

Unit 1

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: No
Level: First
Security Deposit: No
Monthly Rent: 1320
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1350
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 2100
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1145
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6

Lease: No
Level: Third
Security Deposit: No
Monthly Rent: 2500
# Full Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 7

Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 1090
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 8

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1415
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 9

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1300
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 10

Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 1305
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Utilities

Utilities On: Yes

Site

Corner Lot: Yes
Level: Yes
Sidewalks: Yes

Location

Intown: Yes
Near Public Beach: Yes
Near Shopping: Yes
Neighborhood: Yes

Roads

Paved: Yes
Public: Yes

Water Body Type

Harbor: Yes
Ocean: Yes

Recreational Water

Nearby: Yes
Public: Yes

Style

Other: Yes
Victorian: Yes

Construction

Wood Frame: Yes

Levels

Multi-Level: Yes

Basement

Full: Yes
Unfinished: Yes
Walk-Out Access: Yes

View

Scenic: Yes

Foundation Materials

Brick/Mortar: Yes
Stone: Yes

Exterior

Vinyl Siding: Yes

Roof

Flat: Yes
Membrane: Yes

Heat System

Radiator: Yes
Steam: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 176700
Operating Expenses: 38400

Cooling

None: Yes

Floors

Carpet: Yes
Laminate: Yes
Tile: Yes
Wood: Yes

Parking

No Parking: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

No Driveway: Yes

Basement Entry

Interior: Yes

Water Heater

Off Heating System: Yes

Window Features

Double Pane Windows: Yes

Amenities

Laundry - 1st Floor: Yes
Laundry - Coin: Yes

Patio and Porch Features

Deck: Yes

Equipment

Cable: Yes
Internet Access Available: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Corner Lot; Level; Sidewalks Location: Intown; Near Public Beach; Near Shopping; Neighborhood Roads: Paved; Public Water Body Type: Harbor; Ocean Recreational Water: Nearby; Public View: Scenic Style: Other; Victorian Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished; Walk-Out Access Basement Entry: Interior Foundation Materials: Brick/Mortar; Stone Exterior: Vinyl Siding Roof: Flat; Membrane Heat System: Radiator; Steam Heat Fuel: Gas Natural Water Heater: Off Heating System Cooling: None Floors: Carpet; Laminate; Tile; Wood Window Features: Double Pane Windows Amenities: Laundry - 1st Floor; Laundry - Coin Patio and Porch Features: Deck Equipment: Cable; Internet Access Available Driveway: No Driveway Parking: No Parking Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

I&E, Map, Sketch, LPA, Disc, Deed, Ars ›

IDX

Listing Office: Town & Shore Real Estate

Selling Office: Portside Real Estate Group

Last Updated: January - 11 - 2025

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.