$1,200,000
MLS#: 1656948
- Type: Multi-family
- Lot Size: 0.06 Acres
- Year Built: 1850
- Square Feet: 3,500
Property Details
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 Listed by: Demetria Real Estate
Home Features
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
3500
Land Features
Electric:
Circuit Breakers
Map (approximate)
