100 Granite Street
Biddeford, ME 04005
Baths
3
Square Ft.
2,827
$675,000
Turn key 3 family investment opportunity in one of New England's most desirable and rapidly growing locations. This well maintained property features updated units with separate electric and individual heating systems, keeping operating expenses low and making management simple. Two units offer 2 bedrooms each, while the spacious owner's or… Read More premium rental unit spans the 2nd and 3rd floors with 3 bedrooms plus an office and the added comfort of central air for those warm summer days. Tenants love the convenience of in-unit laundry in two of the apartments. The property also offers ample on site parking, an attached garage for storage or vehicle use, plus a carport for additional covered parking. Strong rental history with current income exceeding $75,000 annually makes this an attractive option for investors or owner-occupants looking to offset expenses with solid cash flow. Located in one of Maine's hottest real estate markets, Biddeford continues to attract attention for its thriving foodie and brewery scene, beautiful beaches, and growing startup, technology, and manufacturing presence. The nearby University of New England brings continued energy and demand to the area with its expanding world-class campus. Easy access to Portland and convenient proximity to Boston make this an ideal location. A rare opportunity to own a strong income producing property in a vibrant and growing Southern Maine community! Read Less
Courtesy of Keller Williams Coastal and Lakes & Mountains Realty 207-475-0999
Listing Snapshot
Days Online
12
Last Updated
Full Baths
3
Square Ft.
2,827
Lot Size
0.28 Acres
Year Built
1920
MLS Number
1662021
Additional Details
Basement
Basement: "Interior", "Unfinished"
Building
Architectural Style: "Colonial", Building Area Total: 2,827, Construction Materials: "Wood Frame", "Vinyl Siding", Number Of Units Total: 3, Year Built: 1920, 2 stories, 2 total stories
Cooling
Cooling Included, Cooling: "Central Air"
Expenses
Operating Expense: $15,734
Exterior Features
Other Equipment: "Internet Access Available", "Cable", Patio And Porch Features: "Deck", "Porch", Patio And Porch Features: "Deck", "Porch"
Floors
Flooring: "Carpet", "Luxury Vinyl", "Vinyl"
Foundation
Foundation Details: "Poured Concrete"
Garage
Attached Garage, Garage Included, 2 garage spaces
Water Features
Waterfront Features: "Nearby"
Heating
Heating: "Oil", "Propane", "Baseboard", "Hot Water", Heating Included
Income
Gross Income: $75,600
Interior Features
Features: "1st Floor Bedroom", "Bathtub", "One-Floor Living", "Pantry", "Storage"
Laundry
Features: "Washer Hookup"
Lot
Features: "Open", "Corner Lot", "Level", "Sidewalks", "Intown", "Near Shopping", "Neighborhood", 0.28 acres, Area: 0.28, 12,197 square feet
Parking
Features: "Auto Door Opener", "Paved", "5 - 10 Spaces", "Off Street"
Property
Other Structures: "Outbuilding", Parcel Number: BIDD-000029-000000-000159, Zoning: R2
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,783, Tax Lot: 159
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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