Yard spaceDesirable unit layoutsUpdated electricalPlenty of off-street parkingCombination of decks
Welcome to this well maintained, turnkey 3 unit multi family in a fantastic Biddeford location! The property features two spacious 3 Bedroom units and one 1 Bedroom unit, with laundry in each 3 bedroom unit, a strong rental history, and current rental income exceeding $73,000 annually. Thoughtfully maintained and improved, this investment is ready to perform from day one, with a New roof in 2024, updated electrical, a new sewer line, and additional improvements throughout.
Outside, enjoy a nice combination of decks, yard space, and perhaps most importantly plenty of off-street parking, a valuable amenity for tenants and owners alike. With solid income, desirable unit layouts, and recent capital improvements, this is an excellent opportunity for an investor seeking a winning addition to their portfolio.
Biddeford continues to be Southern Maine's most exciting and dynamic community. The city benefits from continued growth at UNE and other nearby Universities, beautiful beaches, an increasingly celebrated food scene, and a thriving startup and technology community. With its youthful energy and strong demand for housing, it's easy to see why Biddeford has become such a sought after place to live, work, and play. Turnkey, income producing, and ideally positioned for continued growth this one checks all the boxes.
Group showings by appointment only on Saturday, 8/22 from 1:30pm to 3:30pm
18 hours
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Zillow last checked:
Listing updated:
Listed by:
Keller Williams Coastal and Lakes & Mountains Realty