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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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20 Vincent Ave , Biddeford, ME 04005
$825,000
Est. Payment: $1,833.33/mo
0 Bed
4 Bath
3224 Sqft
Status: Pending | Days on site: 21
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3090 - 021291
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House Description

Unique investment opportunity! This property may be purchased individually or together with the adjoining property at 17 Willett St (MLS #1673815) creating a combined portfolio of 6 residential units and 6 oversized garage bays with shared parking and multiple income streams. See the companion listing for details on this rare offering. This four unit multi-family property features four 2 bedroom, 1 bath apartments and presents an excellent addition to an investment portfolio. Each unit offers a functional layout with bright living spaces, separate living and kitchen areas, and hardwood flooring in many rooms. Off-street parking provides added convenience for tenants. Ideally located just minutes from downtown Biddeford's restaurants, breweries, shops, parks, and amenities, the property also offers convenient access to major commuter routes. With three of the four units occupied on a month-to-month basis, the property provides flexibility for a variety of investment strategies. Whether maintained as-is or purchased alongside the adjoining property, this is a chance to own income producing real estate in one of southern Maine's strongest rental markets.

Highlights

Listed by Derek Goff Joseph Tomazin , 207-749-9905 Signature Homes Real Estate Group, LLC , 207-885-0500.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1940

County

York

Listing ID

1673816

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:4
Floor:Carpet,Wood
Above Ground Sq Ft:3224
Below Ground Sq Ft:0
Basement:Doghouse,Interior Entry,Full,Unfinished
Water:Public

Exterior Features

Lot:Near Shopping,Near Town,Neighborhood,Level
Zoning:R2
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved,1 - 4 Spaces
Principal Interest
$1,833
Taxes
$594

Home Price

$825,000

Loan Details

30 yrs
%

Down Payment

20%
$165,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,833.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,833.33 $594.08 $0.00 $2,427.42
Yearly $22,000.00 $7,129.00 $0.00 $29,129.00
Total $660,000.00 $213,870.00 $0.00 $873,870.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Biddeford, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.