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142 Sherman St
Portland, ME 04101
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Fully leased
- Large 2-3 bedroom units
- Parking for each unit
Executive Summary
Positioned in Portland’s desirable Parkside neighborhood, 142 Sherman Street is a fully occupied four-unit investment property offering stable in-place income in one of the city’s most sought-after residential neighborhoods. The property benefits from a walkable location just minutes from downtown, the Peninsula, and major commuter routes. The building features a functional unit mix with consistent occupancy, supported by strong rental demand in the surrounding area. The property has been well maintained and improved over time, with a series of updates to both unit interiors and key building systems, contributing to overall efficiency, condition, and long-term reliability. Tenants enjoy convenient access to local shops, restaurants, and services, supporting strong retention and continued demand.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
| 2+1 | 3 | - | - |
Property Taxes
| Parcel Number | PTLD-000048-000000-E002001 | Improvements Assessment | $750,329 CAD |
| Land Assessment | $267,488 CAD | Total Assessment | $1,017,817 CAD |
Property Taxes
Parcel Number
PTLD-000048-000000-E002001
Land Assessment
$267,488 CAD
Improvements Assessment
$750,329 CAD
Total Assessment
$1,017,817 CAD
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