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Adam Dow

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

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31 Crescent St , Biddeford, ME 04005
$825,000
Est. Payment: $1,833.33/mo
0 Bed
4 Bath
3704 Sqft
Status: Pending | Days on site: 4
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3113 - 016001
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House Description

Exceptional investment opportunity in the heart of Biddeford! This well-maintained 4-unit property offers the rare combination of strong current cash flow and significant upside potential. With three units updated in recent years and major capital improvements including a new roof, high-efficiency natural gas boiler, four separate heat pump water heaters, and new front and rear porches, much of the heavy lifting has already been done. This is the kind of property investors are always searching for: a solid, income-producing asset with plenty of opportunity to increase returns over time. Strong rental demand, room to improve existing income, and additional future possibilities make this an excellent addition to any investment portfolio. Ideally located just minutes from vibrant downtown Biddeford, tenants will love being within easy walking distance of restaurants, breweries, coffee shops, shopping, and entertainment, while also enjoying quick access to the Turnpike, nearby beaches, and the Saco transportation center. The property sits on a corner lot with off-street parking and a one-car garage, making it an attractive option for both tenants and investors alike. Whether you're looking to expand your portfolio with a proven income-producing asset or capitalize on its future upside, 31 Crescent Street is a rare opportunity to own a thoughtfully maintained multi-family in one of Maine's fastest-growing rental markets. To view a full video walk through tour, head over to YouTube and search the property address. Open house Sunday, August 9th from 10am-12pm.

Highlights

Listed by Amanda Wheeler , 207-333-1050 U&R Real Estate , 207-835-0118.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1920

County

York

Listing ID

1675082

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:4
Floor:Laminate,Wood
Above Ground Sq Ft:3704
Below Ground Sq Ft:0
Basement:Interior Entry,Unfinished
Other:
  • Additional:1st Floor Bedroom, Bathtub, Storage
Water:Public

Exterior Features

Lot:Near Public Beach,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Near Railroad,Corner Lot,Level,Open Lot,Sidewalks
Zoning:MSRD2
Roof:Membrane,Shingle
Sewer:Public Sewer
Parking Features:Paved,5 - 10 Spaces,On Site
Principal Interest
$1,833
Taxes
$611

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 $610.67 $0.00 $2,444.00
Yearly $22,000.00 $7,328.00 $0.00 $29,328.00
Total $660,000.00 $219,840.00 $0.00 $879,840.00

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.