11 Russell ST, Portland, ME 04102
11 Russell ST, Portland, ME 04102
11 Russell ST, Portland, ME 04102
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Listed by Aaron Chadbourne Demetria Real Estate
$1,100,000
Est. payment /mo
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5 Baths
3,500 SqFt
Active

11 Russell ST Portland, ME 04102

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Melinda Torrens

Melinda Torrens

+1(207) 776-1620

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $314

Subdivision West End

MLS Listing ID 1656948

Full Baths 5

HOA Y/N No

Year Built 1850

Tax Year 2026

Lot Size 2,613 Sqft

Acres 0.06

Source Maine Listings

Land Area 3500

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.

Location

State ME

County Cumberland

Community West End

Zoning R-6

Rooms

Basement Bulkhead, Dirt Floor, Crawl Space, Full, Unfinished

Interior

Interior Features Storage

Heating Gas Natural, Baseboard, Direct Vent Furnace, Forced Air

Cooling None

Flooring Tile, Wood

Exterior

Parking Features Paved, 1 - 4 Spaces, Off Street

Waterfront Description Nearby

Roof Type Shingle

Garage No

Building

Lot Description Intown, Near Shopping, Neighborhood, Sidewalks, Near Public Transit

Story 3

Entry Level Multi-Level

Foundation Block, Stone, Poured Concrete, Brick/Mortar

Water Public

Architectural Style New Englander, Other

Schools

School District Portland Public Schools

Others

Tax ID PTLD-000054-C000009-000001

Maine MLS (MREIS) IDX

NEARBY SCHOOL & BUSINESS

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Melinda Torrens

Melinda Torrens

Broker | License ID: Maine: DB911085

+1(207) 776-1620

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11 Russell ST