Price Reduced 6.56%

$699,900

Pending

Est. Mortgage $0/mo *

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Price History

$749,000
9/11/2024

$699,900
9/26/2024

16 Clifford Street, Biddeford, ME, 04005

16 Clifford Street, Biddeford, ME, 04005
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4 Full baths

1880

Multi-Level

2,700 sqft

Excellent investment opportunity located on the edge of Biddeford's thriving downtown. This cash flowing 4-unit property is just steps away from popular restaurants, breweries, and shops, ensuring a steady demand from tenants who want to be near the vibrant city life. Built in 1880, the 2,700 sq. ft. building spans three renovated floors, with a basement unit that can be upgraded to generate additional rental income. Two driveways provide complete off-street parking for all tenants, while an oversized garage with designated storage spaces offers added monthly cash flow. This property is well-positioned to deliver consistent rental income and long-term value in a rapidly growing market.

Status:

Pending

Type:

Multi-family

Units:

4

Zoning:

R2

Garage:

4-car

Heating:

Hot Water, Baseboard

Cooling:

None

Basement:

Full, Partial, Interior Entry

Parking:

5 - 10 Spaces, Paved, Common, Detached

Acreage:

0.15

Est. Taxes:

$5,527

Construction

Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Corner Lot, Intown, Near Town, Neighborhood, Near Railroad

MLS #:

1603392

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Coldwell Banker Realty 207-282-5988