$699,000
Welcome to an exceptional investment opportunity in the heart of Southern Maine! Located on a large lot with potential development opportunity, this beautiful 3-unit property in Biddeford offers strong cash flow and long-term upside. Whether you're looking to live in one unit while your tenants help cover the mortgage… Read More or seeking a high-performing asset with substantial rental income, this property delivers. It features a spacious 4-bedroom, 2-bath townhouse-style unit—ideal for an owner-occupant—along with two bright and modern 1-bedroom, 1-bath units. With current rents at market value and opportunity for growth. Located just minutes from UNE, Biddeford Pool, sandy beaches, popular restaurants, grocery stores, and convenient highway access, this home offers the perfect blend of comfort, convenience, and investment potential. You may even catch a refreshing ocean breeze right from your front door! Don't miss the chance to tour this rare find! Come explore all the charm, income, and opportunity this property has to offer! Read Less
Courtesy of Maine Real Estate Co 800-971-8860
Listing Snapshot
Days Online
53
Last Updated
Full Baths
4
Square Ft.
2,362
Lot Size
0.43 Acres
Year Built
1880
MLS Number
1623244
30 Days Snapshot Of 04005
$633k
-4%
(avg) sold price
26
-23%
homes sold
17
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
18,731 square feet, Features: "Rolling/Sloping", "Open", "Near Public Beach", "Near Shopping", "Near Turnpike/Interstate", "Near Town", "Neighborhood", "Near Public Transit", "Near Railroad", 0.43 acres, Area: 0.43
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Dirt Floor", "Crawl Space", "Sump Pump"
Building
Architectural Style: "Cape Cod", Building Area Total: 2,362, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 3, Year Built: 1880
Cooling
Cooling: "None"
Expenses
Operating Expense: $21,600
Floors
Flooring: "Wood", "Vinyl", "Tile"
Heating
Heating: "Zoned", "Hot Water", "Direct Vent Heater", "Baseboard", Heating Included
Income
Gross Income: $84,300
Parking
Features: "5 - 10 Spaces", "Paved"
Property
Parcel Number: BIDD-000035-000000-000025, Zoning: R2
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $5,964, Tax Lot: 25
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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