Biddeford, ME 04005
$589,000
Opportunity to add value with this 4-unit property located in downtown Biddeford. The building consists of four 1-bedroom units, all currently rented well below market rates, with one first-floor unit left vacant for an owner-occupant or new tenant. The units could benefit from cosmetic updates, giving the next owner room to improve both the property and rental income over time. The building features a clean basement, natural gas boiler, and separate hot water heaters. Two tandem parking spaces are currently available, with potential to create additional parking. A solid option for an investor or owner-occupant looking to build equity in a convenient downtown location.
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