31 Sheridan ST new Save Request In-Person Tour Request Virtual Tour
Portland,ME 04101
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 2,469 sqft
Price per Sqft $374
MLS Listing ID 1612550
Style Multi-Level
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,469
Originating Board Maine Listings
Year Built 1899
Annual Tax Amount $12,325
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Welcome to 31 Sheridan Street, a rare and versatile multi-unit property located in Munjoy Hill, one of Portland's most vibrant and sought-after neighborhoods. This 3-unit with water views, sits on a large lot with additional development potential, and is perfect for owner-occupants, investors, or developers. Units 1 & 2 each feature 2 BR and 1 BA, offering functional layouts. Unit 3 is a cozy 1BR, 1BA unit, with beautiful views. All 3 units are vacant, allowing for immediate occupancy or renovation. Owner occupants may consider renovation options to bring the historical bedrooms and baths up to modern layouts to match the level of the property's spectacular location. Units can be combined. Recent upgrades include a modernized heating and hot water system, ensuring energy efficiency and comfort for tenants while reducing maintenance concerns. Situated on a generously sized lot, there's opportunity to expand—add square footage to the existing structure or enhancing the property with a driveway and dedicated parking. Located a short walk from the bustling downtown, Old Port district, and waterfront. Easy access to renowned restaurants, boutique shopping, and vibrant arts and culture scene. Outdoor lovers will appreciate nearby parks, trails, and recreational spaces. With its prime location, flexible layout, and growth potential, this property is perfect for those seeking a solid investment or a home with rental income opportunities. Don't miss this incredible opportunity. Schedule a private tour today and explore the possibilities at 31 Sheridan Street!
Location
State ME
County Cumberland
Zoning R6
Body of Water Casco Bay
Rooms
Basement Full,Interior Entry,Unfinished
Interior
Heating Hot Water,Baseboard
Cooling None
Flooring Wood,Tile
Laundry Washer Hookup
Exterior
Parking Features No Driveway,On Street
Utilities Available 1
Waterfront Description Bay,Ocean
View Y/N No
Roof Type Shingle
Street Surface Paved
Garage No
Building
Lot Description Level,Sidewalks,Intown,Near Shopping,Near Turnpike/Interstate,Neighborhood
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Gas Natural