Active under contract
20 Porter Street
Biddeford ME, 04005
$479,000
Active under contract
2 Baths
3,063 sqft
Multi-family
Built in 1939
Courtesy of Dream Home Realty LLC
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.
1609772
MLSⓇ ID
November 19, 2024
Listed
December 10, 2024
Updated
Map
20 Porter Street
Biddeford ME, 04005
Interior Features
Total Stories
2
Total Bathrooms
2
Full Bathrooms
2
Interior Features
1st Floor Bedroom, Bathtub, One-Floor Living
Laundry Description
Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
Floor Description
Wood, Vinyl, Laminate
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Hot Water, Forced Air, Baseboard
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Corner Lot, Level, Sidewalks, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Architectual Style
New Englander
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$4,483
Tax Frequency
Annually
Garage
Yes
Garage Spaces
2
Parking
1 - 4 Spaces, Paved, On Site
View
No
County
York
Water Source
Public
Pool
No
Zoning
Residential
Listing History
Date | Event | Price |
---|---|---|
12/10/2024 | Under contract | — |
Listing Contact: 207-450-8260
Courtesy of Dream Home Realty LLC
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lifestyle Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 9:50 PM UTC, 12/10/2024