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Hot Investment Opportunity in Biddeford! Discover this fully renovated, cash-flowing 4-unit property on George Street"”an investor's dream! Each unit features spacious 3-bedroom, 1-bath layouts, generating an impressive $90,552 annual income with a strong NOI of $71,140. And there's even room to optimize rents in this thriving rental market! This turnkey investment is loaded with updates, including: Lead paint abatement Brand-new heating system Updated electrical throughout New egress windows Modernized plumbing Stylish new flooring Priced at $850,000, this property is a rare gem that won't last long. Act now to secure it Biddeford's rental demand is booming"”don't miss out on this golden opportunity! Contact me today to schedule your private showing and take the first step toward growing your investment portfolio.
Property Type(s):
Multi Family
Last Updated | 1/24/2025 | Year Built | 1911 |
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County | York |
Additional Details
AIR | None |
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BASEMENT | Crawl Space, Unfinished, Yes |
CONSTRUCTION | Vinyl Siding |
HEAT | Baseboard, Hot Water |
LOT | 0.3 acre(s) |
LOT DESCRIPTION | Level |
MLS STATUS | Active |
PARKING | Paved |
SEWER | Public Sewer |
STYLE | Multi-Level |
TAXES | 6679 |
WATER | Public |
ZONING | R2 |
Listing provided by EXP Realty
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.© 2025 Maine Real Estate Information System, Inc. All Rights Reserved.
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IDX data provided by Market Leader, courtesy of Maine Listings.
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