75 Sherman Street, Portland, ME 04101
$1,175,000
Property Type:
Multi-Family
Baths:
9
Square Footage:
5,046
Lot Size (sq. ft.):
3,485
Status:
Closed
Current Price:
$1,175,000
List Date:
8/10/2021
Last Modified:
1/09/2025
Description
Investment opportunity in Portland's ever-evolving Parkside Neighborhood. 75 Sherman Street has nine apartments with good layouts and tremendous potential for upside. Located within walking distance to all the best bars, bakeries, and restaurants Portland has to offer, these simple, straightforward units and solid bones make this incoming producing equity builder a great first (or next!) investment.
Supplements: ********
More Information MLS# 1504504
Location Information
Book: 31219
Leased Land: No
Page: 234
Map: 48
Block: D
Lot: 17
Zoning Overlay: No
Association: No
Street #: 75
Street Name: Sherman
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 2262
Zoning: R6
Full Tax Amount $: 12536
Tax Year: 2020
Geo Lat: 43.655823
Geo Lon: -70.269537
Property Information
Surveyed: No
Seasonal: No
Owner Occupied: No
Number of Units: 9
Deed Restrictions: Unknown
Lot Size Acres +/-: 0.08
Total Baths: 9
Total Half Baths: 0
Color: Tan
Road Frontage: No
SqFt Finished Above Grade: 5046
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: No
Garage Spaces: 0
Total Full Baths: 9
Year Built: 1910
SqFt Finished Total: 5046
Source of Acreage: Public Records
Site
Sidewalks: 1
Location
Intown: 1
Roads
Public: 1
Water Info
Water Frontage: No
Water View: No
Style
Other: 1
Construction
Wood Frame: 1
Levels
Multi-Level: 1
Basement
Full: 1
Exterior
Clapboard: 1
Vinyl Siding: 1
Roof
Shingle: 1
Heat System
Forced Air: 1
Hot Water: 1
Building Info
# Stories: 3
Heat Fuel
Gas Natural: 1
Income & Expenses
Gross Income: 124600
Operating Expenses: 26131
Cooling
None: 1
Floors
Other: 1
Units
# of 1 BD Units: 7
# of 2 BD Units: 2
Parking
No Parking: 1
Unit 1
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1229
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1250
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: No
Unit 3
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1100
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
Natural - At Street: 1
Unit 4
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Sewer
Public Sewer: 1
Unit 5
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1229
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Water
Public: 1
Unit 6
Lease: No
Level: Second
Security Deposit: No
Monthly Rent: 1100
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7
Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1250
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 9
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1229
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Driveway
No Driveway: 1
Sold Info
Appraiser Email Address: jessica@mainelandconsultants.com
Basement Entry
Interior: 1
Water Heater
Gas: 1
Amenities
Laundry - Coin: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Closed
Original List Price: 1400000
Sold Price: $1,175,000
Current Price: $1,175,000
Status Change Info
Pending Date: 2021-10-08
Closed Date: 2021-12-15
Closed Price: 1175000
Property Features
Site: Sidewalks
Location: Intown
Roads: Public
Style: Other
Levels: Multi-Level
Construction: Wood Frame
Basement: Full
Basement Entry: Interior
Exterior: Clapboard; Vinyl Siding
Roof: Shingle
Heat System: Forced Air; Hot Water
Heat Fuel: Gas Natural
Water Heater: Gas
Cooling: None
Floors: Other
Amenities: Laundry - Coin
Driveway: No Driveway
Parking: No Parking
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Natural - At Street
Sewer: Public Sewer
Water: Public
Deed ›
Listing Office:
Vitalius Real Estate Group, LLC
IDX
Last Updated: January - 09 - 2025
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