$895,000
Don't miss this incredible opportunity to own this 4-unit multifamily property just steps from vibrant downtown Biddeford—one of Maine's hottest and fastest-growing cities. With strong rental income already in place and room for upside through potential updates and/or rent increases, this property is ideal for investors looking to grow… Read More their portfolio or owner-occupants ready to house-hack. Each unit offers spacious layouts and solid tenancy, and the building includes some off-street parking, making it highly desirable in a low-vacancy area. Located within walking distance to Biddeford's thriving restaurant and brewery scene, shops, and the scenic Saco River, this location is perfect for attracting long-term tenants and maximizing return. Biddeford continues to appear on national ''Top 10'' lists for livability and revitalization, with rising property values and sustained demand for quality housing. Whether you're a seasoned investor or just starting out, this is your chance to invest in your future in a community with momentum and long-term growth potential. Reach out today to schedule a private showing—this opportunity won't last! Read Less
Courtesy of Spectrum Real Estate 207-805-3707
Listing Snapshot
Days Online
25
Last Updated
Full Baths
4
Square Ft.
4,100
Lot Size
0.07 Acres
Year Built
1925
MLS Number
1626879
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
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Partial", "Unfinished"
Building
Architectural Style: "Other", "Colonial", Building Area Total: 4,100, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 4, Year Built: 1925, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $22,497
Exterior Features
Other Equipment: "Internet Access Available", "Cable"
Floors
Flooring: "Wood", "Vinyl", "Carpet"
Foundation
Foundation Details: "Granite"
Heating
Heating: "Zoned", "Hot Water", "Forced Air", "Baseboard", Heating Included
Income
Gross Income: $79,200
Interior Features
Features: "1st Floor Bedroom", "Bathtub", "Shower"
Lot
Features: "Level", "Sidewalks", "Intown", "Near Shopping", "Neighborhood", "Near Public Transit", "Near Railroad", 0.07 acres, Area: 0.07, 3,049 square feet
Parking
Features: "1 - 4 Spaces", "Paved", "Off Site", "On Site"
Pets Policy
Pets Allowed: "No Restrictions"
Property
Parcel Number: BIDD-000038-000000-000053, Zoning: MSRD2
Roof
Roof: "Composition", "Pitched", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,665, Tax Lot: 53
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Mortgage Calculator
Monthly Payment
$0
Brandon Elsemore
Thank you for reaching out! I will be able to read this shortly and get ahold of you so we can chat.
~BrandonPlease Select Date
Please Select Type
Similar Listings
Listing Information © Maine Real Estate Information System, Inc. All Rights Reserved.
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.
Listings last updated on ,
Confirm your time
Fill in your details and we will contact you to confirm a time.
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.