$530,000
A rare two unit opportunity in the heart of Biddeford that blends flexibility, income, and lifestyle in one smart move. With 2,152 square feet total, this well maintained property offers two spacious units, each featuring three bedrooms and one full bathroom, opening the door to multiple possibilities. The first… Read More floor unit is occupied by a long term tenant (month-to-month Rental Agreement) and offers easy single level living with hot water baseboard heat. Upstairs, the second unit is vacant and move in ready after recent updates including fresh interior paint, some new flooring, and new fixtures. This unit is heated by a Rinnai heater with electric baseboard backup and features a charming sun porch, perfect for unwinding after a long day. Both units include separate laundry hookups, vinyl windows, and thoughtful layouts. Major improvements include a sewer line replacement approximately five years ago and a roof replaced approximately seven years ago. The property also underwent lead paint abatement in 2014, offering peace of mind for future owners. Outside, enjoy a deep paved driveway for off street parking, a fenced in front yard, and a separate fenced in back yard, a rare find for a multi unit property. This building has consistently generated $51,000 per year in rental income and presents an excellent opportunity for owner occupancy, multi generational living, or renting both units. Located in an intown neighborhood close to downtown Biddeford, you are minutes from local restaurants, breweries, shops, the riverwalk, and the growing arts and dining scene. Quick access to the Maine Turnpike, nearby beaches, and the University of New England makes this location as convenient as it is exciting. Strong numbers, smart updates, and a location people love. This is Biddeford living done right. (Interior photos are virtually staged) Read Less
Courtesy of Maine Real Estate Co 207-292-1030
Listing Snapshot
Days Online
1
Last Updated
Full Baths
2
Square Ft.
2,142
Lot Size
0.09 Acres
Year Built
1900
MLS Number
1650253
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Full", "Unfinished"
Building
Architectural Style: "New Englander", Building Area Total: 2,142, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1900, 2 stories, 2 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $11,057
Exterior Features
Other Equipment: "Internet Access Available", Patio And Porch Features: "Glass Enclosed", "Porch", Patio And Porch Features: "Glass Enclosed", "Porch"
Fence
Fencing: "Fenced"
Floors
Flooring: "Vinyl", "Carpet"
Heating
Heating: "Zoned", "Hot Water", "Forced Air", "Direct Vent Heater", "Baseboard", Heating Included
Income
Gross Income: $51,000
Interior Features
Features: "1st Floor Bedroom", "One-Floor Living", "Other", "Shower", "Storage"
Laundry
Features: "Laundry - 1st Floor", "Upper Level", "Main Level", "Washer Hookup"
Lot
Features: "Level", "Sidewalks", "Intown", "Near Shopping", "Near Turnpike/Interstate", "Near Railroad", 0.09 acres, Area: 0.09, 3,920 square feet
Parking
Features: "1 - 4 Spaces", "5 - 10 Spaces", "Paved", "On Site", "Off Street"
Property
Parcel Number: BIDD-000039-000000-000208-000001, Zoning: R2
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $4,956, Tax Lot: 208
Utilities
Electric: "On Site", "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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