$825,000
Prime investment opportunity in the growing Biddeford market. This fully occupied 4-unit property offers immediate cash flow with long-term upside. Numerous interior cosmetic improvements have been completed, including updated flooring, granite countertops, and fresh paint. Major capital items have also been addressed, with a new roof and hot water heaters… Read More installed in 2024 and a boiler replaced in 2022, providing a well-maintained asset for the next owner. Conveniently located near downtown Biddeford, tenants enjoy easy access to restaurants, shops, and local amenities. As Biddeford continues to experience revitalization and increased demand, this property presents an excellent opportunity for both stable income and future appreciation. Read Less
Courtesy of RE/MAX Realty One 207-283-0108
Listing Snapshot
Days Online
13
Last Updated
Full Baths
4
Square Ft.
3,436
Lot Size
0.07 Acres
Year Built
1900
MLS Number
1646907
30 Days Snapshot Of 04005
$500k
-38%
(avg) sold price
10
-28%
homes sold
33
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Brick/Mortar", "Dirt Floor", "Unfinished"
Building
Architectural Style: "Other", "New Englander", Building Area Total: 3,436, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 4, Year Built: 1900
Cooling
Cooling: "None"
Expenses
Operating Expense: $7,500
Exterior Features
Patio And Porch Features: "Deck", Patio And Porch Features: "Deck"
Floors
Flooring: "Vinyl", "Laminate", "Composition"
Foundation
Foundation Details: "Brick/Mortar"
Heating
Heating: "Zoned", "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $79,200
Interior Features
Features: "1st Floor Bedroom", "1st Floor Primary Bedroom w/Bath", "Bathtub"
Lot
Features: "Level", "Sidewalks", "Intown", "Neighborhood", 0.07 acres, Area: 0.07, 3,049 square feet
Parking
Features: "No Parking", "No Driveway"
Property
Parcel Number: BIDD-000039-000000-000003, Zoning: MSRD2
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,092, Tax Lot: 3
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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