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Adam Dow

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

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71 Green St , Biddeford, ME 04005
$625,000
Est. Payment: $1,388.89/mo
0 Bed
3 Bath
2768 Sqft
Status: Pending | Days on site: 6
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2865 - 014791,022457
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House Description

Welcome to this well maintained, turnkey 3 unit multi family in a fantastic Biddeford location! The property features two spacious 3 Bedroom units and one 1 Bedroom unit, with laundry in each 3 bedroom unit, a strong rental history, and current rental income exceeding $73,000 annually. Thoughtfully maintained and improved, this investment is ready to perform from day one, with a New roof in 2024, updated electrical, a new sewer line, and additional improvements throughout. Outside, enjoy a nice combination of decks, yard space, and perhaps most importantly plenty of off-street parking, a valuable amenity for tenants and owners alike. With solid income, desirable unit layouts, and recent capital improvements, this is an excellent opportunity for an investor seeking a winning addition to their portfolio. Biddeford continues to be Southern Maine's most exciting and dynamic community. The city benefits from continued growth at UNE and other nearby Universities, beautiful beaches, an increasingly celebrated food scene, and a thriving startup and technology community. With its youthful energy and strong demand for housing, it's easy to see why Biddeford has become such a sought after place to live, work, and play. Turnkey, income producing, and ideally positioned for continued growth this one checks all the boxes. Group showings by appointment only on Saturday, 8/22 from 1:30pm to 3:30pm

Highlights

Listed by Troy Williams , 207-475-0999 and Sara Howard , 603-610-8500 Keller Williams Coastal and Lakes & Mountains Realty , 207-475-0999.

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1900

County

York

Listing ID

1676936

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Cable,Internet Access Available
Air Cond:Window Unit(s)
Fireplaces:
Floor:Vinyl,Wood
Above Ground Sq Ft:2768
Below Ground Sq Ft:0
Basement:Doghouse,Interior Entry,Full,Unfinished
Other:
  • Additional:1st Floor Bedroom, Bathtub, Storage
Water:Public

Exterior Features

Lot:Intown,Neighborhood,Level,Sidewalks
Zoning:MSRD2
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved,5 - 10 Spaces,On Site,Detached
Principal Interest
$1,389
Taxes
$461

Home Price

$625,000

Loan Details

30 yrs
%

Down Payment

20%
$125,000
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:
$1,388.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,388.89 $460.67 $0.00 $1,849.56
Yearly $16,666.67 $5,528.00 $0.00 $22,194.67
Total $500,000.00 $165,840.00 $0.00 $665,840.00

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.