Active

31 Sheridan Street

Portland ME, 04101

$925,000


Active

3 Baths

2,469 sqft

Multi-family

Built in 1899

Courtesy of Keller Williams Realty

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!

1612550

MLS ID

January 15, 2025

Listed

January 17, 2025

Updated

Map

31 Sheridan Street
Portland ME, 04101

Interior Features

Total Bathrooms

3


Full Bathrooms

3


Laundry Description

Washer Hookup


Floor Description

Wood, Tile


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Hot Water, Baseboard

Exterior/Building Features

Lot Size

0.08 Acres


Lot Features

Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood


Architectual Style

Multi-Level


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$12,325


Tax Frequency

Annually


Garage

No


Parking

No Driveway, On Street


View

No


County

Cumberland


Water Source

Public


Pool

No


Zoning

R6

Listing Contact: 207-807-4663

Courtesy of  Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lifestyle Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:47 PM UTC, 1/17/2025

 

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