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Adam Dow

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

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72 Green St , Biddeford, ME 04005
$489,000
Est. Payment: $1,086.67/mo
0 Bed
2 Bath
2142 Sqft
Status: Pending | Days on site: 2
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House Description

Welcome to this updated two family in a great Biddeford location! Featuring two spacious units, including a 3 Bedroom and a 2 Bedroom, this property offers the combination investors love: strong rental history, separate utilities, in-unit laundry, and meaningful recent capital improvements. The first floor 2 bedroom unit is currently vacant, creating an excellent opportunity for an owner occupant to get into the market for less than the cost of renting while building equity and an investment portfolio. For investors, the vacancy also provides an opportunity to capture current market rent from day one. Major improvements include a new metal roof, newer heating systems, vinyl siding, newer windows, and a complete renovation of one unit with a new kitchen, bathroom, flooring, and more. The heavy lifting has been done, making this a turnkey, income producing property with immediate upside. Biddeford continues to be one of Southern Maine's most dynamic communities, fueled by growth at UNE, a thriving downtown and food scene, proximity to beautiful beaches, and an expanding startup and technology presence. With its youthful energy and strong demand for housing, it's easy to see why more people are choosing Biddeford as a place to live, work, and play. Turnkey, income producing, and positioned in one of Southern Maine's most exciting growth markets for under $500k, this is a smart addition to any portfolio!

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
0.04

Year Built

1920

County

York

Listing ID

1678940

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Cable,Internet Access Available
Air Cond:Window Unit(s)
Fireplaces:
Floor:Wood,Luxury Vinyl
Above Ground Sq Ft:2142
Below Ground Sq Ft:0
Basement:Not Applicable,Slab
Other:
  • Additional:1st Floor Bedroom, Bathtub, Shower
Water:Public

Exterior Features

Lot:Intown,Sidewalks
Zoning:MSRD2
Roof:Metal
Sewer:Public Sewer
Parking Features:No Driveway,On Street
Principal Interest
$1,087
Taxes
$365

Home Price

$489,000

Loan Details

30 yrs
%

Down Payment

20%
$97,800
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:
$1,086.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,086.67 $365.11 $0.00 $1,451.77
Yearly $13,040.00 $4,381.28 $0.00 $17,421.28
Total $391,200.00 $131,438.40 $0.00 $522,638.40

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.