$740,000
MLS#: 1644239
- Type: Multi-family
- Lot Size: 0.18 Acres
- Year Built: 1875
- Square Feet: 2,923
Property Details
Fantastic investment opportunity—a three-unit multifamily property at 7 Cherry Street—offers strong rental potential in one of Maine's most desirable and consistently growing markets. Located just minutes from downtown, the Old Port, restaurants, amenities, and major commuter routes, this property attracts high-quality tenants and ensures steady demand year-round. With functional layouts and a solid rental history, this building is an ideal addition to any investor's portfolio or a great first acquisition for someone entering the Portland multifamily market, checking all the boxes whether you seek stable cash flow, long-term appreciation, or a value-add opportunity.
Property Listed by: RE/MAX Oceanside
Home Features
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
2923
Land Features
Electric:
Circuit Breakers
Map (approximate)