105 Sherman Street Portland, ME 04101

PRICED AT $1,250,000

Listing Details

  • $1,250,000
  • MLS# 1682792
  • Type Multi Unit - Multiple
  • Status Active
  • 6 full Bathrooms
  • 5,253 Square Feet
  • 0.100 acres Lot Size
  • 1910 Year Built

Description

An incredible investment opportunity in the heart of Portland, 105 Sherman Street is a well-maintained 6-unit apartment building with an established property management history, a 7.28% cap rate, and strong rental performance. Each of the six units offers an oversized 1 bedroom, 1 bath layout, while leased parking spaces generate additional income each month. Whether you're an experienced investor looking to add a solid multifamily asset to your portfolio or a new investor ready to get started, this property offers an exciting opportunity in one of Maine's strongest rental markets. The building has benefited from significant improvements...read more

Features

  • Carpet
  • Laminate
  • Tile
  • Vinyl
  • Wood
  • Gas Natural, Steam
  • $11,734 Taxes
  • Public
  • Built in 1910
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/05/2026. The listing information on this page last changed on 10/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 10/05/2026 11:15:03 AM EST) or Prime MLS (last updated Mon 10/05/2026 11:10:20 AM EST) or MREIS (last updated Mon 10/05/2026 11:05:57 AM EST). Real estate listings held by brokerage firms other than Badger Peabody & Smith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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All Property Features

  • Property Type: Multi Unit - Multiple
  • Amenities: 1st Floor Bedroom, Storage
  • Basement: Yes
  • Basement: Interior Entry, Walk-Out Access, Daylight, Full
  • Electric: Circuit Breakers
  • Equipment: Cable, Internet Access Available
  • Exterior: Wood Frame, Clapboard
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Foundation: Stone, Brick/Mortar
  • Heating: Gas Natural, Steam
  • Home Style: New Englander
  • Lot Description: Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Sidewalks, Near Public Transit
  • Lot Size: 0.10 Acres
  • Parking: Gravel,5 - 10 Spaces, Off Street
  • Roof Type: Pitched, Rolled/Hot Mop, Shingle
  • Sewer: Public Sewer
  • SQ FT Above Grade: 5253
  • SQ FT Below Grade: 0
  • Taxes: $11,734
  • Water: Public
  • Year Built: 1910

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