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Image 1 - 55 Sherman St, Portland, Maine, 04101 - House for sale
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Home For Sale In Portland, Maine
55 Sherman St, Portland, Maine, 04101

Home For Sale In Portland, Maine

house for sale
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Listed: 05/31/24

55 Sherman St, Portland, Maine, 04101

Studio Bed:
8 Bath:
6,104 Sq Ft Living Area:
Save
Price
$ 1,65M

About This House

Back on the market after rent board repair to bank capital projects and completed renovations . banked rents recorded and Approved. Current rents leave room for growth for six apartments and the two-bedroom, two-bathroom apartment can either be an owner occupied unit or available to set the rent to current market rates (currently owner occupied). Well maintained and loved by one owner for 22 years this building has been upgraded with community and residents in mind. Many energy savings upgrades already completed. New roof (2022) with a 50 year, transferrable warranty. Fully fenced back yard for green space available for all to enjoy including canopy for sun shade, fire pit for extra warmth on spring/fall evenings, grill and sitting/sleeping swing …  Full description

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Parkside Housing & Living

Household Income

Median household income: $51,430
Number of households: 30,167
The average household income in Portland, ME grew from $48,259 to $51,430 in the past year. This data is an estimate based upon 30,167 households in Portland, ME.
The chart below presents how household income is distributed in Portland, ME in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Portland, ME compared to median property taxes around the country. The prevalent amount of property taxes in Portland, ME equals $3k+ , which is more than the national average.