One-car garageHigh-efficiency natural gas boilerNew roofCorner lotOff-street parking
Exceptional investment opportunity in the heart of Biddeford! This well-maintained 4-unit property offers the rare combination of strong current cash flow and significant upside potential. With three units updated in recent years and major capital improvements including a new roof, high-efficiency natural gas boiler, four separate heat pump water heaters, and new front and rear porches, much of the heavy lifting has already been done.
This is the kind of property investors are always searching for: a solid, income-producing asset with plenty of opportunity to increase returns over time. Strong rental demand, room to improve existing income, and additional future possibilities make this an excellent addition to any investment portfolio.
Ideally located just minutes from vibrant downtown Biddeford, tenants will love being within easy walking distance of restaurants, breweries, coffee shops, shopping, and entertainment, while also enjoying quick access to the Turnpike, nearby beaches, and the Saco transportation center. The property sits on a corner lot with off-street parking and a one-car garage, making it an attractive option for both tenants and investors alike.
Whether you're looking to expand your portfolio with a proven income-producing asset or capitalize on its future upside, 31 Crescent Street is a rare opportunity to own a thoughtfully maintained multi-family in one of Maine's fastest-growing rental markets. To view a full video walk through tour, head over to YouTube and search the property address. Open house Sunday, August 9th from 10am-12pm.
15 days
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247
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10
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Zillow last checked:
Listing updated:
Listed by:
U&R Real Estate
Source: Maine Listings,MLS#: 1675082
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 4
Full bathrooms: 4
Heating
Baseboard, Hot Water
Cooling
None
Features
1st Floor Bedroom, Bathtub, Storage
Flooring: Laminate, Wood
Basement: Interior Entry,Unfinished
Has fireplace: No
Interior area
Total structure area: 3,704
Total interior livable area: 3,704 sqft
Finished area above ground: 3,704
Finished area below ground: 0
Property
Parking
Total spaces: 1
Parking features: Paved, 5 - 10 Spaces, On Site
Attached garage spaces: 1
Features
Levels: Multi/Split
Stories: 3
Patio & porch: Porch
Lot
Size: 4,791 Square Feet
Features: Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad, Corner Lot, Level, Open Lot, Sidewalks