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