About this home
Investor and builder opportunity in the center of Russell! This two-story property offers approximately 4,320 square feet on a 0.37-acre lot and requires substantial renovation. Architectural plans are available depicting a proposed conversion to six one-bedroom apartments, three per floor. Plans are proposed only; approval status has not been verified. An existing USPS parking agreement provides $700/month ($8,400/year), with USPS currently handling snow and ice removal. Under the agreement, rent increases to $1,100/month ($13,200/year) when tenants occupy the building and the landlord assumes snow removal. Buyers to verify zoning, permitted uses, conversion feasibility, permits, square footage and all information. Cash transaction, Property offered as-is. See disclosures and showing instructions for entry requirements. Russell’s Residential zoning district permits detached single-family and two-family dwellings. Senior housing requires a special permit and site plan review. Buyer to verify the feasibility of converting the existing building and obtain all required approvals.
Listing last checked: Listing updated:
Listed by Brian Mcelhone · Benton Real Estate Company · MLS #73594029
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Details at a glance
Interior1 property facts
- Basement
- Not reported
Building2 property facts
- Style
- Other
- Year built
- 1890
Land & utilities3 property facts
- Lot size
- 0.37 acres
- Pool
- Not reported
- Zoning
- RES
Financial2 property facts
- Annual taxes
- $1,783
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $200,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,160 / monthAdjust
- Principal & interest
- $1,011
- Property tax
- $149
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,783. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 64 Main St
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Request a tour of 64 Main St and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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