Bought with Keller Williams Realty
$495,000
$495,000
For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
1,700 SqFt
SOLD DATE : 04/01/2025
Key Details
Sold Price $495,000
Property Type Multi-Family
Listing Status Sold
Square Footage 1,700 sqft
MLS Listing ID 1614736
Sold Date 04/01/25
Style Other
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,700
Originating Board Maine Listings
Year Built 1920
Annual Tax Amount $3,687
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Welcome to Biddeford, a city on the rise with a booming food, arts, and culture scene. This spacious 2 unit is located on a side road less than 1 mile from great restaurants, boutique shops, several micro breweries, the River Walk and community parks along the Saco River. There's also easy access to I-95 with Portland International Jetport a mere 20 minute drive. Each unit has 3 bedrooms making this an attractive opportunity for investors and owner-occupants looking to offset their mortgage with rental income. Biddeford's rental demand continues to grow, fueled by its revitalized downtown, proximity to the University of New England, this property offers both immediate cash flow and long-term appreciation in one of Maine's hottest markets. Each unit features 3 bedrooms, a bright living space, a central kitchen, a full bath, and in-unit laundry. Tall ceilings, oversized windows, and original 1920s woodwork add charm, while the brand new deck/porch structure servicing both units provides great outdoor space. The first floor unit also includes a private back deck overlooking a shared yard. Lots of industry and strong employment opportunities are one of the reasons Biddeford is the youngest city in Maine with a median age of 35 and only 29 in the downtown area! Just minutes from sandy beaches, scenic trails, and a vibrant downtown filled with breweries, cafés, and top-rated restaurants, this property offers the perfect blend of city convenience and coastal charm. Don't miss out—schedule your showing today!
Location
State ME
County York
Zoning R2
Rooms
Basement Interior, Bulkhead, Full, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub, Shower
Heating Zoned, Hot Water, Baseboard
Cooling None
Flooring Wood, Tile
Equipment Internet Access Available, Cable
Laundry Laundry - 1st Floor, Upper Level, Main Level
Exterior
Parking Features Paved, On Site
Utilities Available 1
View Y/N No
Roof Type Membrane,Shingle
Street Surface Paved
Porch Deck, Porch
Garage No
Building
Lot Description Corner Lot, Level, Sidewalks, Intown, Neighborhood
Story 2
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Shingle Siding,Asbestos,Wood Frame
Others
Energy Description Oil
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