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75 Sherman St 9 Unit Apartment Building $1,499,000 ($166,556/Unit) 7.29% Cap Rate Portland, ME 04101



EXECUTIVE SUMMARY
Beautiful Parkside 9 unit apartment building w/ (8) 1 bedroom + (1) 2 bedroom units offering nice architectural detail in apartments and hardwood floors located in a fantastic location of the city!
PROPERTY FACTS
| Price | $1,499,000 | Apartment Style | Low-Rise |
| Price Per Unit | $166,556 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 7.29% | Building Size | 6,780 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1910 |
| Price | $1,499,000 |
| Price Per Unit | $166,556 |
| Sale Type | Investment |
| Cap Rate | 7.29% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 6,780 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | PTLD-000048-000000-D017001 | Improvements Assessment | $1,007,800 |
| Land Assessment | $197,500 | Total Assessment | $1,205,300 |
PROPERTY TAXES
Parcel Number
PTLD-000048-000000-D017001
Land Assessment
$197,500
Improvements Assessment
$1,007,800
Total Assessment
$1,205,300
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75 Sherman St
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