31 Sheridan Street

Portland, ME 04101

$899,000
Price
5
Beds
2,469 Sq. Ft.
$364 / Sq. Ft.
2,469
Sq. Ft.
$364
per Sq. Ft.

Description

Welcome to 31 Sheridan Street, a rare and versatile multi-unit property located in Munjoy Hill, one of Portland's most vibrant and sought-after neighborhoods. This 3-unit with water views, sits on a large lot with additional development potential, and is perfect for owner-occupants, investors, or developers. Units 1 & 2 each feature 2 BR and 1 BA, offering functional layouts. Unit 3 is a cozy 1BR, 1BA unit, with beautiful views. All 3 units are vacant, allowing for immediate occupancy or renovation....Welcome to 31 Sheridan Street, a rare and versatile multi-unit property located in Munjoy Hill, one of Portland's most vibrant and sought-after neighborhoods. This 3-unit with water views, sits on a large lot with additional development potential, and is perfect for owner-occupants, investors, or developers. Units 1 & 2 each feature 2 BR and 1 BA, offering functional layouts. Unit 3 is a cozy 1BR, 1BA unit, with beautiful views. All 3 units are vacant, allowing for immediate occupancy or renovation. Owner occupants may consider renovation options to bring the historical bedrooms and baths up to modern layouts to match the level of the property's spectacular location. Units can be combined. Recent upgrades include a modernized heating and hot water system, ensuring energy efficiency and comfort for tenants while reducing maintenance concerns. Situated on a generously sized lot, there's opportunity to expand—add square footage to the existing structure or enhancing the property with a driveway and dedicated parking. Located a short walk from the bustling downtown, Old Port district, and waterfront. Easy access to renowned restaurants, boutique shopping, and vibrant arts and culture scene. Outdoor lovers will appreciate nearby parks, trails, and recreational spaces. With its prime location, flexible layout, and growth potential, this property is perfect for those seeking a solid investment or a home with rental income opportunities. Don't miss this incredible opportunity. Schedule a private tour today and explore the possibilities at 31 Sheridan Street!
  1. Listed by Richard Mead • Keller Williams Realty

Property Details for 31 Sheridan Street

Waterfront
No
Waterfront Features
Bay, Ocean
ArchitecturalStyle
Multi-Level
Garage
No
Zoning
R6
LISTING UPDATED: 02/13/2025 08:57 AM

Property Details for 31 Sheridan Street

StatusActive Under Contract
MLS #1612550
Days on Market34
Taxes$12,325 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1899
Lot Size0.08 AC / 3,484 SF
CountyCumberland County

Virtual Tour

Building Information for 31 Sheridan Street

Stories-Residences3Year Built1899Building Size-Lot Size0.08 AC / 3,484 SF

Property Information for 31 Sheridan Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • Zip Code: 4383
  • Directions: Congress St up to Munjoy Hill, Right on Sheridan St, #31 on left
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04101
  • County: Cumberland
  • Geo Latitude: 43.664055
  • Geo Longitude: -70.247998
  • Tax Lot: 17
  • Site:Level: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Neighborhood: Yes
  • Recreational Water:Nearby: Yes
Parking
  • Parking Features: No Driveway, On Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 41075
  • Tax Block: F
  • Tax Map Number: 17
  • Tax Year: 2024
  • Parcel Number: PTLD-000017-F000017-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $12,325.00
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2469.0
  • Lot Size Acres: 0.08
  • Source of Acreage: Survey
  • Building Area Total: 2469.0
  • Lot Size Area: 0.08
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3484.8
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 31
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Deed: Partial
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:No Driveway: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1899
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Full, Interior Entry, Unfinished
  • Flooring: Wood, Tile
  • Cooling: None
  • Heating: Hot Water, Baseboard
  • Laundry Features: Washer Hookup
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $.00
  • Operating Expenses: $.00
Multi-Family Information
  • Number of Units: 3
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: Third
  • Unit 3:Security Deposit: No
  • Unit 3:Monthly Rent: $.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 31 Sheridan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 31 Sheridan Street

Taxable ValueLand$430,300Additions$390,800Total$821,100
Tax Record2024$12,325 ($1,027 / month)
Home Facts
Baths3Total Finished SqFt2,469 SqFtAbove Grade Finished SqFt2,469 SqFtStories3Lot Size7,309 SqFtStyleTriplexYear Built1899CountyCUMBERLANDAPNPTLD M:017 B:F017001

Schools near 31 Sheridan Street

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
East End Community School
PublicPK to 5

King Middle School
Public6 to 8

Portland High School
Public9 to 12

Deering High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.