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11 Russell Street

Portland

$1,150,000

beds   ·   5 baths   ·   3,500 sqft   ·   0.06 acres   ·   taxes: $12,701   ·   MLS#: 1656948

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.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1850
  • Style : Other, New Englander
  • Flooring : Wood, Tile
  • Garage Spaces : 0.00
  • Roof : Shingle
  • Basement : Bulkhead, Dirt Floor, Crawl Space, Full, Unfinished
  • Heating : Forced Air, Direct Vent Furnace, Baseboard
  • Cooling : None

Site

  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : R-6
  • Road Surface Type : Paved
Listing provided by Demetria Real Estate

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy