55 Sherman Street Portland, ME 04101

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Back on the market after rent board repair to bank capital projects and completed renovations. BANKED RENTS RECORDED & APPROVED. Within this 7-unit building, the first is a 2 bed, 2 bath apartment, which is currently owner occupied. This makes an ideal situation either for another owner to occupy, or it can be available to set the rent to current market rates. The other 6 apartments leave room for growth with their current rents. Well maintained and loved by one owner for 22 years this building has been upgraded with community and residents in mind. Many energy savings upgrades already completed. New roof (2022) with a 50 year, transferrable warranty. Fully fenced back yard for green space available for all to enjoy including canopy for sun shade, fire pit for extra warmth on spring/fall evenings, grill and sitting/sleeping swing to enjoy in warmer weather. Coin-op washer and dryer for extra monthly cash. Ideal peninsula location with an amazing walkability score of 97 to restaurants, shops, bars & services. Highly desirable deeded parking spaces for seven vehicles with no maintenance responsibilities. Excellent rental history and currently fully occupied.