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20 Porter Street, Biddeford, ME, 04005 | $479,000
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.
Features
- Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living
- Baths: 2 full
- Units: 2
- Laundry: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
- Style: New Englander
- Year Built: 1939
- Garage: 2-car
- Heating: Hot Water, Forced Air, Baseboard
- Cooling: None
- Basement: Full, Interior Entry, Unfinished
- Approx Sq. Feet: 3,063
- Acreage: 0.15
- Est. Taxes: $4,483
- Lot Desc: Corner Lot, Level, Sidewalks, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
- MLS#: 1609772
- Website: https://www.raveis.com
/prop/1609772/20porterstreet_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. |  |
Listing courtesy of Dream Home Realty LLC
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