$450,000
Spacious duplex in a growing Biddeford location offering strong rental income. The property features two large units: one 3-bedroom and one 4-bedroom. The 3-bedroom unit is currently vacant and move-in ready, making it a great option for an owner-occupant with immediate income from the second unit. Set on an… Read More oversized lot with a generous side yard and a large rear deck ideal for outdoor entertaining. Additional features include a two-car garage, 2 driveways, and a large storage shed. One unit is heated by a newer high-efficiency boiler, while the other is heated with a heat pump. All utilities, including water and sewer, are separately metered. Professional property management is currently in place and may remain for a buyer seeking ease of operation. Priced competitively compared with a recent appraised value, this is an opportunity to create immediate built-in equity for the next owner. With interest rates at a 2-year low, this is a great window to purchase. Located directly across the street from The Levee development, which will bring new retail, restaurants, and a park connecting to the expanding Biddeford Riverwalk. Read Less
Courtesy of Keller Williams Realty 207-879-9800
Listing Snapshot
Days Online
16
Last Updated
Full Baths
3
Square Ft.
2,644
Lot Size
0.28 Acres
Year Built
1880
MLS Number
1652145
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Dirt Floor", "Full"
Building
Architectural Style: "Cape Cod", Building Area Total: 2,644, Construction Materials: "Wood Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1880
Cooling
Cooling Included, Cooling: "Heat Pump"
Expenses
Operating Expense: $11,409
Floors
Flooring: "Vinyl", "Tile"
Garage
Garage Included, 2 garage spaces
Heating
Heating: "Heat Pump", "Baseboard", Heating Included
Income
Gross Income: $59,640
Lot
Features: "Level", "Intown", "Near Shopping", "Near Town", 0.28 acres, Area: 0.28, 12,197 square feet
Parking
Features: "5 - 10 Spaces", "Paved"
Property
Parcel Number: BIDD-000040-000000-000040, Zoning: R2
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $5,803, Tax Lot: 40
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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