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+12076169808
LAER Realty Partners
15 Russell St, Portland, ME 04102
- $350,000
- 2
- BA
- 2,209
- SqFt
Listing courtesy of Keller Williams Realty.
- List Price
- $350,000
- MLS#
- 1683359
- Status
- ACTIVE
- Type
- Multifamily
- City
- Portland
- County
- Cumberland
- Bathrooms
- 2
- Living Area
- 2,209
- Lot Size
- 2,613
- Year Built
- 1910
Property Description
Prime Portland Investment Opportunity! Calling all investors, contractors, and visionaries. Located in a highly desirable Portland neighborhood, this 2-unit duplex at 15 Russell Street offers a rare chance to bring a multi-family property back to life. Priced aggressively this building is a true blank canvas awaiting a complete top-to-bottom renovation. Whether you are looking to execute a full condo-conversion, design a premium owner-occupied multi-family, or add a high-yield rental asset to your portfolio, the potential here is unmatched. The property requires extensive rehabilitation and is being sold strictly as-is, making it an ideal candidate for cash buyers or 203k/construction financing. Capitalize on Portland's exceptionally strong rental market and severe inventory shortage. Properties with this level of value-add potential are increasingly rare. Bring your architect, your contractor, and your imagination to unlock the immense equity waiting within these walls.
Additional Information
- Living Area
- 2,209
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- Interior Entry, Partial, Brick/Mortar
- Cooling
- None
- Year Built
- 1910
- Acres
- 0.06
- Roof
- Fiberglass
- Foundation
- Pillar/Post/Pier, Brick/Mortar
- Style
- Other
- Courtesy Of Listing Office
- Keller Williams Realty
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