This impressive brick five-unit residence, stands proudly on the sought-after Deering St. Meticulously maintained, the property boasts remarkable quality, significant updates, and abundant opportunities. Nestled on historic Deering St, surrounded by grand single-family homes and row houses, it offers the epitome of in-town living on a tranquil tree-lined street. Close to all that Portland has to offer, this property provides an unparalleled combination of walkability, bikeability, and rentability. Each of the five units comprises one bedroom and one bath, featuring great natural light and a wealth of period charm. Whether seeking a low-stress addition to an investment portfolio, exploring condo conversion potential, or considering owner occupancy, this property fits the bill. The seller has demonstrated a commitment to stewardship, evident in the super-efficient heating system and well-maintained exterior. While the owner covers heat and hot water expenses, electric costs are borne by renters. Ample street parking is available, with potential rental spaces in adjacent lots and a parking garage within three blocks. Two units have been intentionally left vacant, presenting an enticing opportunity for the next owner. Photos are of Unit #5