$479,000
20 Porter Street
Biddeford
Listing Courtesy of
Dream Home Realty LLC
20 Porter Street, Biddeford, ME 04005
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.
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.
Listing Courtesy of
Dream Home Realty LLC
DETAILS
- Listing Id1609772
- StatusActive Under Contract
- TypeMulti-Family
- SeasonalNo
- Map / Lot34 / 334
- Book / Page14127 / 0221
- Sq Ft Finished Above Grade3063
- Sq Ft Finished Total3063
- Total Baths2 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemBaseboard, Forced Air, Hot Water
- CoolingNone
- ElectricCircuit Breakers
- BasementFull, Interior Entry, Unfinished
- RoofShingle
- FloorsLaminate, Vinyl, Wood
- GarageYes
- Lot FeaturesCorner Lot, Level, Near Public Beach, Near Public Transit, Near Railroad, Near Shopping, Near Town, Near Turnpike/Interstate, Neighborhood, Sidewalks
- Parking Features1 - 4 Spaces, On Site, Paved
- Interior Features1st Floor Bedroom, Bathtub, One-Floor Living
- Laundry FeaturesLaundry - 1st Floor, Main Level, Upper Level, Washer Hookup
- StyleNew Englander
- Checked For UpdatesSaturday, December 21, 2024 at 10:01 AM
- IDX Listing UpdatedTuesday, December 10, 2024 at 9:26 PM
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