16 Clifford Street, Biddeford, ME, 04005 | $699,900

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.

Features

  • Baths: 4 full
  • Units: 4
  • Style: Multi-Level
  • Year Built: 1880
  • Garage: 4-car
  • Heating: Hot Water, Baseboard
  • Cooling: None
  • Basement: Full, Partial, Interior Entry
  • Approx Sq. Feet: 2,700
  • Acreage: 0.15
  • Est. Taxes: $5,527
  • Lot Desc: Corner Lot, Intown, Near Town, Neighborhood, Near Railroad
  • MLS#: 1603392
  • Website: https://www.raveis.com
    /prop/1603392/16cliffordstreet_biddeford_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
©2024 Maine Real Estate Information System, Inc. All Rights Reserved.
Listing courtesy of Coldwell Banker Realty

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable