20 Porter Street, Biddeford, ME 04005 (MLS # 1609772)

Price $479,000
Status Active
Beds 0
Baths 2 Baths
Home size 3,063 sqft
Lot Size 6,534 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.
Property Type(s): Multi Family
Last Updated 11/24/2024 Year Built 1939
Garage Spaces 2.0 County York

Additional Details

AIR None
BASEMENT Full, Interior Entry, Unfinished, Yes
CONSTRUCTION Block, Vinyl Siding
GARAGE Attached Garage, Yes
HEAT Baseboard, Forced Air, Hot Water
LOT 6534 sq ft
LOT DESCRIPTION Corner Lot, Level, Near Public Transit
MLS STATUS Active
PARKING Paved, On Site, Attached
SEWER Public Sewer
STORIES 2
STYLE New Englander
TAXES 4483
WATER Public
ZONING Residential
Listing provided by Dream Home Realty LLC

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

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