Stately brick 5-unit on coveted Deering St. offers remarkable quality, significant updates, and abundant opportunity. Historic Deering St with its grand single family homes and row houses offers the very best of in-town living on a serene tree-lined street. Close to all that Portland has to offer from boutiques, breweries and bakeries to gastropubs and galleries. Locations don't get better and more walkable, bikeable and rentable. All units are 1 bedroom & 1 bath with great light and lots of period charm. This is a quality and low stress addition to an investment portfolio, has condo conversion potential and is even ideal for an owner occupant. Seller has taken stewardship of this remarkable property serious from a super efficient heating system to a well maintained exterior. Heat and hot water is paid by owner but electric is paid by renters. Ample street parking with possible spots to rent in adjacent lots, and parking garage available within 3 blocks. 24+ showing notice required.