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

Status Change Info

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

Water Info

Waterfront
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

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

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
IDX
Listing Office: Town & Shore Real Estate
Selling Office: Portside Real Estate Group
Last Updated: January - 11 - 2025
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