$479,000

Pending

Est. Mortgage $0/mo *

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20 Porter Street, Biddeford, ME, 04005

20 Porter Street, Biddeford, ME, 04005
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2 Full baths

1939

New Englander

3,063 sqft

Investors take notice! Two unit in one of Maine's fastest growing cities; close to Portland and the ocean as well as easy access to highway. Dining, shopping, and play are all close by. This is a 2-unit income-producing property with great potential. Both units are currently tenant-occupied but below market rates. The property requires some updates and improvements to maximize its value and functionality.With the right repairs it can be brought to its full potential, but it is priced accordingly. Buyers are encouraged to conduct their own due diligence, including inspections, to assess the condition of the property. The units are fully occupied, and there is a strong rental history in place. EXTRA BONUS BEDROOM that is currently part of upstairs unit but on FIRST floor, which makes one of the units a 4 bedroom. This extra room has a closet and access to outside door, easily can be part of downstairs unit instead or rent it separately if town allows mixed use.

Status:

Pending

Type:

Multi-family

Laundry Remarks:

Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup

Units:

2

Zoning:

Residential

Garage:

2-car

Heating:

Hot Water, Forced Air, Baseboard

Cooling:

None

Basement:

Full, Interior Entry, Unfinished

Parking:

1 - 4 Spaces, Paved, On Site

Acreage:

0.15

Est. Taxes:

$4,483

Construction

Vinyl Siding, Block, Wood Frame

Utilities

Utilities On

Lot Description:

Corner Lot, Level, Sidewalks, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad

Amenities:

1st Floor Bedroom, Bathtub, One-Floor Living

MLS #:

1609772

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Dream Home Realty LLC