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Listed by Keller Williams Realty

$925,000

3 BA

2,469 SqFt

New

31 Sheridan ST Portland, ME 04101

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Emma Peterson

emma@mainehomeswithemma.com +1(207) 538-0950

UPDATED:

01/17/2025 06:20 PM

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 2,469 sqft

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

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Phone

+1(207) 538-0950

emma@mainehomeswithemma.com

Address

63 Federal St, Suite #3, Portland