BATHS5 full
SQUARE FEET3,500
MLS#1656948
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPortland Public Schools
Property Description
Located mere steps from Maine Medical Center, 11 Russell Street is a well-located four-unit in Portland's West End with strong rental demand from the healthcare workforce, in a neighborhood with one of the most consistent rental markets in the city,The property has a strong rental history with market rate rents. The unit mix includes one and two-bedroom apartments with layouts that cater to both tenants or actual owner occupancy. Good kitchen space, separate living areas, and functional bedroom sizes. Nothing overly complicated, just solid, livable units that rent well.Separate utilities keep things straightforward. Heating has been updated with gas monitors provided and maintained by Pine State. Additional features include off-street driveway parking, outdoor deck, shared laundry room and basement storage. For those considering owner occupancy, the property offers the opportunity to live in Portland's West End while offsetting expenses with rental income. For investors, it presents a well-located, income-producing asset in one of the city's most consistently desirable rental markets.Showings are available on Friday afternoons between 2-4pm, by appointment only.
Property Features
Property Type: Multi Unit - Multiple
Basement: Bulkhead
Heating: Baseboard, Direct Vent Furnace, Forced Air
Home Style: New Englander, Other
Lot Size: 0.06 Acres
Roof Type: Shingle
Taxes: $12,701
Year Built: 1850
Feature Descriptions
Electric: Circuit Breakers
Flooring: Tile, Wood
Sewer: Public Sewer
SQ FT Above Grade: 3500
SQ FT Below Grade: 0
Water: Public
Local Schools
School District: Portland Public Schools
Listed By / Shown By
Listed By
Agency Name: Demetria Real Estate
Agency Phone: 207-839-5122
Agent Name: Aaron Chadbourne
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,079.10 per month $2,670.68 Principal & Interest $1,058.42 Property Tax $350.00 Homeowner's Insurance
11 Russell Street | MLS# 1656948
This multi-family property located at 11 Russell Street, Portland, ME 04102 is currently listed for sale with an asking price of $1,200,000. Russell Street is located within the Portland Public Schools school district. Search Portland real estate on www.masiellogrouprealestate.com today.