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.
Two unit on the outskirts of town yet close to all amenities. Each unit is a 2 bedroom, 1 bath, bonus storage room and laundry area. Fenced in back yard, new roof, updated electrical and new oil barrel.
Stately and historic in the heart of the Biddeford revival. This 8 Unit brick mixed use building has solid rents with room for upside potential. The property is within a block of the many new quality eateries, bistros, bakeries and breweries.
This inviting duplex, cherished by the same family for over 25 years, is now ready for its next chapter! Snuggled in a prime location, it's just steps away from all the amenities you could desire. Each unit features spacious 2 bedrooms and 1 bath, with huge bedrooms offering ample living space. The property has been updated with new electrical systems, a hot water heater, and a boiler, ensuring comfort and efficiency. With consistent tenants in place, this duplex presents an excellent investment opportunity. Enjoy the convenience of multiple parking spots for both units, making it easy for residents and guests alike. Don't miss your chance to own a piece of Biddeford's thriving community—this duplex is full of potential and ready for you to make it your own!
*New Heat Pumps!* Excellent opportunity in a market that is showing a very high level of investment. This 6-unit property has been extensively renovated over the last 3 years. Heat pumps were installed in 2024 and are separately metered to minimizing the owner's utility costs. Rents are currently below market providing some value add opportunity. Unit 1 will be completed and ready for a market renter prior to closing!
Fantastic opportunity for investors or owner-occupiers seeking a meticulously maintained 3-unit apartment home. Recently upgraded in 2015 with new windows, furnace, aluminum-wrapped trim, siding, refinished hardwood floors, and updated interior paint, this property offers turnkey investment potential. Each unit retains historic charm with wood floors and includes one off-street parking space. The upper unit features a new vinyl deck (2019), and recent additions like a stainless steel hot water tank and new oil tank (2019) ensure modern convenience and efficiency. Don't miss out on this profitable investment with the potential to live rent-free!
A meticulously maintained 4-unit building, under the dedicated care of the same owners for over two decades. Situated on a corner lot in a charming neighborhood, ample parking is available. The exterior of the building, adorned with vinyl siding, boasts recent upgrades including roofing, exterior doors, and furnace. Whether you're an aspiring property owner seeking to reside on-site or an investor, this property presents an excellent opportunity.
The median home value in Biddeford, ME is $519,000. This is higher than the county median home value of $425,900. The national median home value is $338,100. The average price of homes sold in Biddeford, ME is $519,000. Approximately 42.8% of Biddeford homes are owned, compared to 46.07% rented, while 11.13% are vacant. Biddeford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Biddeford real estate agent to arrange a tour today!
Biddeford, Maine has a population of 22,331. Biddeford is less family-centric than the surrounding county with 21.34% of the households containing married families with children. The county average for households married with children is 27.9%.
The median household income in Biddeford, Maine is $58,142. The median household income for the surrounding county is $73,856 compared to the national median of $69,021. The median age of people living in Biddeford is 36.1 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 10.8 degrees. The average rainfall is approximately 49.3 inches per year, with 60.4 inches of snow per year.