The transformation has already begun for the next owner on this turn-of-the-century townhouse style duplex ideally located for prime rental occupancy directly across from Maine Medical Center! The existing footprint offers potential for a first floor primary owner's unit with a two or three bedroom rental. The roof was replaced in 2010 and new footings were added under both kitchens in 2003 and 2011. The current owner has initiated kitchen and bedroom renovations on the left side (17 Russell St.), as well installing a few newer windows throughout. This property also represents an excellent opportunity to take advantage of RN-4 zoning which may allow for up to a 4 unit multi-family dwelling. Existing lot coverage and the maximum lot coverage in the RN-4 zone would appear to support a 6,000+/- square foot 4-story multi-family apartment building or condominium project. There's no shortage of professional doctors, nurses, technicians and staff that would love to walk to work every morning. Seize the opportunity and make this your next home or grand slam investment! Hold Harmless agreement required prior to viewing, please inquire for a copy. **Buyer to verify all measurements and perform all due diligence regarding zoning, uses and existing conditions.**
Listed By
Agency Name: Portside Real Estate Group
Agency Phone: 207-204-0465
Shown By
Agency Title: Jean Jenkins - Vacationland Realty
Agency Phone: (207) 745-4522
Estimated Payment
$ 1,815.19 per month $1,057.14 Principal & Interest $619.50 Property Tax $138.54 Homeowner's Insurance
15-17 Russell Street | MLS# 1655077
This single family home located at 15-17 Russell Street, Portland, ME 04102 is currently listed for sale with an asking price of $475,000. This property was built in 1910 and has 6 bedrooms and 2 full baths with 2209 sq. ft. 15-17 Russell Street is located within the Portland Public Schools school district. Search Portland real estate on www.vacationlandrealtymaine.com today.