Listing courtesy of Keller Williams Coastal and Lakes & Mountains Realty.
Selling Office: Keller Williams Coastal and Lakes & Mountains Realty.Welcome to this updated two family in a great Biddeford location! Featuring two spacious units, including a 3 Bedroom and a 2 Bedroom, this property offers the combination investors love: strong rental history, separate utilities, in-unit laundry, and meaningful recent capital improvements. The first floor 2 bedroom unit is currently vacant, creating an excellent opportunity for an owner occupant to get into the market for less than the cost of renting while building equity and an investment portfolio. For investors, the vacancy also provides an opportunity to capture current market rent from day one. Major improvements include a new metal roof, newer heating systems, vinyl siding, newer windows, and a complete renovation of one unit with a new kitchen, bathroom, flooring, and more. The heavy lifting has been done, making this a turnkey, income producing property with immediate upside. Biddeford continues to be one of Southern Maine's most dynamic communities, fueled by growth at UNE, a thriving downtown and food scene, proximity to beautiful beaches, and an expanding startup and technology presence. With its youthful energy and strong demand for housing, it's easy to see why more people are choosing Biddeford as a place to live, work, and play. Turnkey, income producing, and positioned in one of Southern Maine's most exciting growth markets for under $500k, this is a smart addition to any portfolio!
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