15-17 Russell Street, Portland, ME 04102 (MLS # 1655077)

PRICE $475,000 BEDS 6 BATHS 2 HOME SIZE 2,209 sqft LOT SIZE 2,614 sqft Request More Info Schedule a Showing

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.**