115 Clark ST Portland, ME 04102
3 Baths
2,784 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,784 sqft
Price per Sqft $376
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
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 Deck, 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
