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75 Sherman St 9 Unit Apartment Building $1,366,000 ($151,778/Unit) 8% 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 | $1,366,000 | Apartment Style | Low-Rise |
| Price Per Unit | $151,778 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 8% | Building Size | 6,780 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1925 |
| Price | $1,366,000 |
| Price Per Unit | $151,778 |
| Sale Type | Investment |
| Cap Rate | 8% |
| 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 | 1925 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | PTLD-000048-000000-D017001 | Improvements Assessment | $1,093,500 |
| Land Assessment | $302,300 | Total Assessment | $1,395,800 |
Property Taxes
Parcel Number
PTLD-000048-000000-D017001
Land Assessment
$302,300
Improvements Assessment
$1,093,500
Total Assessment
$1,395,800
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75 Sherman St