$680,000
Welcome to your next great investment in the heart of Southern Maine! This beautifully maintained 3-unit property in Biddeford sits on a generous lot with potential for future development—offering both immediate cash flow and long-term upside. Perfect for an owner-occupant or investor alike, the property features a spacious 4-bedroom, 2-bath… Read More townhouse-style unit, ideal for comfortable living, plus two bright and updated 1-bedroom, 1-bath apartments that generate strong rental income. With current rents at market value and room for continued growth, this property is a solid performer. Conveniently located just minutes from UNE, Biddeford Pool, sandy beaches, local restaurants, grocery stores, and major highways, residents enjoy the best of both coastal charm and city convenience. You might even catch a refreshing ocean breeze right from your doorstep! Don't miss this exceptional opportunity to own a high-demand, income-producing property in one of Maine's fastest-growing markets. Schedule your showing today and see the value for yourself! Please allow at least 24-48 hours' notice for all showing requests Read Less
Courtesy of Maine Real Estate Co 207-292-1030
Listing Snapshot
Days Online
52
Last Updated
Full Baths
4
Square Ft.
2,362
Lot Size
0.43 Acres
Year Built
1880
MLS Number
1640920
Additional Details
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
Lot
Features: "Rolling/Sloping", "Open", "Near Public Beach", "Near Shopping", "Near Turnpike/Interstate", "Near Town", "Neighborhood", "Near Railroad", 0.43 acres, Area: 0.43, 18,731 square feet
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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