315 Brackett Street

Portland, ME 04102
Baths
4
Square Ft.
2,360
$895,000
4 unit apartment building located in the heart of Portland's highly desirable West End, offering a fantastic investment opportunity just steps from Maine Medical Center. The vacant first floor unit provides an excellent owner occupancy opportunity or immediate rental potential, while the well maintained property blends classic Portland charm with strong income potential. The building also features updated exterior paint, some off street parking, and an extra large basement offering ample storage space. Sun drenches the front of the property, highlighting the character and charm that make West End properties so sought after. Perfectly positioned within walking distance to local shops, restaurants, coffee houses, the Western Promenade, and downtown Portland, this property offers convenience and lifestyle appeal for both tenants and investors alike. Just a short distance from where the Portland Sea Dogs and Portland Hearts of Pine play, the location offers easy access to some of the city's favorite local attractions and entertainment. Whether you're looking to expand your portfolio, owner occupy, or invest in one of Portland's most established neighborhoods, 315 Brackett Street presents an exceptional opportunity to make your money work for you in a prime location.
Market LogoCourtesy of Benchmark Real Estate 207-775-0248
Listing Snapshot
Days Online
19
Last Updated
Full Baths
4
Square Ft.
2,360
Lot Size
0.04 Acres
Year Built
1874
MLS Number
1660723
Additional Details
Utilities
Water Source: "Public", Electric: "Circuit Breakers"
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Doghouse", "Bulkhead", "Full", "Unfinished"
Building
Architectural Style: "New Englander", Building Area Total: 2,360, Construction Materials: "Wood Frame", "Shingle Siding", "Wood Siding", Number Of Units Total: 4, Year Built: 1874
Cooling
Cooling Included, Cooling: "Heat Pump"
Expenses
Operating Expense: $20,397
Exterior Features
Other Equipment: "Cable", "Air Radon Mitigation System"
Floors
Flooring: "Carpet", "Ceramic Tile", "Linoleum", "Vinyl", "Wood"
Heating
Heating: "Gas Natural", "Heat Pump", "Radiator", Heating Included
Income
Gross Income: $82,140
Lot
Features: "Level", "Sidewalks", "Intown", "Near Shopping", "Near Turnpike/Interstate", "Near Town", "Neighborhood", "Near Railroad", 0.04 acres, Area: 0.04, 1,742 square feet
Parking
Features: "Paved", "Common", "1 - 4 Spaces", "Off Street"
Property
Parcel Number: PTLD-000054-E000010-000001, Zoning: RN-4
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $8,852, Tax Lot: 10
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30 Days Snapshot Of 04102
$646k
+33%
(avg) sold price
14
+16%
homes sold
27
+8%
(avg) days on market
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Fred Andrews
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.