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.
Active
$740,000
7 Cherry Street, Portland, ME 04102
8beds
2,923sqft
Est.:
Multi Family
Built in 1875
-- sqft lot
$730,700 Zestimate®
$253/sqft
$-- HOA
What's special
Functional layouts
- 8 days |
- 1,096 |
- 44 |
Likely to sell faster than
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