$749,000
Excellent investment opportunity located on the edge of Biddeford's thriving downtown. This cash flowing 4-unit property is just steps away from popular restaurants, breweries, and shops, ensuring a steady demand from tenants who want to be near the vibrant city life. Built in 1880, the 2,700 sq. ft. building spans… Read More three renovated floors, with a basement unit that can be upgraded to generate additional rental income. Two driveways provide complete off-street parking for all tenants, while an oversized garage with designated storage spaces offers added monthly cash flow. This property is well-positioned to deliver consistent rental income and long-term value in a rapidly growing market. Read Less
Courtesy of Coldwell Banker Realty 207-282-5988
Listing Snapshot
Days Online
7
Last Updated
Full Baths
4
Square Ft.
2,700
Lot Size
0.15 Acres
Year Built
1880
MLS Number
1603392
30 Days Snapshot Of 04005
$
+4%
(avg) sold price
18
+5%
homes sold
27
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Full", "Partial", "Interior Entry"
Building
Architectural Style: "Multi-Level", Building Area Total: 2,700, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 4, Year Built: 1880
Cooling
Cooling: "None"
Expenses
Operating Expense: $11,160
Floors
Flooring: "Vinyl", "Carpet"
Garage
Garage Included, 4 garage spaces
Heating
Heating: "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $55,800
Lot
Features: "Corner Lot", "Intown", "Near Town", "Neighborhood", "Near Railroad", 0.15 acres, Area: 0.15, 6,534 square feet
Parking
Features: "5 - 10 Spaces", "Paved", "Common", "Detached"
Property
Parcel Number: BIDD-000041-000000-000093, Zoning: R2
Roof
Roof: "Membrane", "Other"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $5,527, Tax Lot: 93
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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