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Listed by Kevin Fletcher Keller Williams Realty
$ 350,000
Est. payment /mo
New
15 Russell ST Portland, ME 04102
2 Baths
2,209 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,209 sqft
Price per Sqft $158
MLS Listing ID 1683359
Style Duplex
Full Baths 2
HOA Y/N No
Year Built 1910
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Source Maine Listings
Land Area 2209
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.
Location
State ME
County Cumberland
Zoning Residential
Rooms
Basement Interior Entry, Partial, Brick/Mortar
Interior
Heating Oil, Steam
Cooling None
Flooring Carpet, Vinyl, Wood
Exterior
Parking Features No Driveway, None
Roof Type Fiberglass
Garage No
Building
Lot Description Intown, Near Shopping, Sidewalks
Entry Level Multi-Level
Foundation Pillar/Post/Pier, Brick/Mortar
Water Public
Architectural Style Other
Others
Tax ID PTLD-000054-C000012-000001
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