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Daniel Picard

daniel@rootsinmaine.com +1(207) 571-0839

Listed by Katherine Az Ashley Lutkoff Signature Homes Real Estate Group, LLC

$ 1,099,000

Est. payment | -/mo

3 Baths

2,784 SqFt

Save

$ 1,099,000

Est. payment | -/mo

Save

3 Baths

2,784 SqFt

Open House

Sat Oct 24, 11:00am - 12:30pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,784 sqft

Price per Sqft $394

MLS Listing ID 1685200

Full Baths 3

HOA Y/N No

Year Built 1884

Tax Year 2026

Lot Size 3,049 Sqft

Acres 0.07

Source Maine Listings

Land Area 2784

Property Description

SELLER FINANCING AVAILABLE! An exceptional opportunity to own a beautifully maintained, income-producing three-unit property in Portland's highly desirable West End. Whether you're an investor looking for an established rental property or a future owner-occupant seeking the benefits of rental income, 115 Clark Street offers a rare combination of location, quality, and flexibility. Pride of ownership is evident throughout, with thoughtfully updated interiors, inviting living spaces, and three distinctive residences that offer character, comfort, and functionality. The property is fully occupied with established tenants, generating $91,500 in current annual rental income. Each residence offers its own appeal, including two units with loft spaces, a furnished apartment, and two outdoor decks. Five off-street parking spaces are a standout advantage in this sought-after neighborhood, complemented by shared on-site laundry and a convenient location just moments from the restaurants, coffee shops, galleries, and vibrant cultural scene that make Portland's West End so desirable. For investors, the property offers established income, documented operating expenses, and potential rental upside. For buyers dreaming of living in Portland while building equity, the three-unit configuration presents an appealing future owner-occupancy opportunity, subject to existing tenancy arrangements. Opportunities combining this level of care, an exceptional West End location, five off-street parking spaces, and available seller financing don't come along every day. Live in it, invest in it, or make it part of your long-term portfolio. 115 Clark Street is ready for its next chapter.

Location

State ME

County Cumberland

Zoning RN-4

Rooms

Basement Bulkhead, Interior Entry, Sump Pump, Unfinished

Interior

Heating Gas Natural, Oil, Baseboard, Forced Air, Hot Water, Zoned

Cooling None

Flooring Carpet, Tile, Wood

Laundry Main Level, Laundry - Coin

Exterior

Parking Features Common, Paved, 5 - 10 Spaces, Off Site

Roof Type Shingle

Porch Porch

Garage No

Building

Lot Description Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Corner Lot, Level, Landscaped

Entry Level Multi-Level

Water Public

Architectural Style Other

Others

Tax ID PTLD-000057-D000036-000001

Security Features Security System

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(207) 571-0839

daniel@rootsinmaine.com

Learn More About LPT Realty

115 Clark ST Portland, ME 04102