Multi-Family for Sale: 31 Sheridan Street, Portland, ME 04101 SOLD

3 full baths
$1,050,000
$1,050,000
31 Sheridan Street, Portland, ME 04101 SOLD
3 full baths
$1,050,000
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Selling Price: $1,050,000
Original List Price: $1,100,000
Sold at 95.5% of list price
Sold Date: 10/22/2024

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Type Multi-Family
Style Multi-Level
Total Baths 3 full baths
Square Feet 2,469 sqft
Lot Size 0.16 acres
Year Built 1899
Taxes Paid $11,832
City Portland
County Cumberland
MLS 1601679
Status Closed
This Munjoy Hill 3-unit with water views sits on a large corner lot with additional development potential. The first two floors are currently vacant allowing for immediate occupancy or renovation. Owner occupants may consider renovation options to bring the historical small bedrooms and baths up to modern layouts to match the level of the property's spectacular location. The expansive yard has been used for gardening, hosting seasonal holiday parties, and simply as a quiet outdoor area. Developers will see the land for its expansion potential - the lot appears to allow for up to 10 units per the density of the R6 zoning. Notes: 1) Units can be combined. 2) Portland's rent control price restrictions do not apply to owner occupied 2-4 unit properties.

Room Features

Basement Description Full, Unfinished, Interior Entry

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $11,832

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 4
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4
Unit 3 Full Baths 1
Unit 3 of Bedrooms 1
Unit 3 of Rooms 3

Price History of 31 Sheridan Street, Portland, ME

Date Name Price Difference
08/26/2024 Listing Price $1,050,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 31 Sheridan Street, Portland, ME

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Photo of Rob Staub, CPA, MBA
Direct: 603-547-2036
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Vitalius Real Estate Group, LLC, Briton Vitalius & Christopher Sullivan 207-541-3755
Sold by Keller Williams Realty, Richard Mead 207-879-9800
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20%
1.1268571428571%
6.75%
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Listing information courtesy of: Vitalius Real Estate Group, LLC

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.