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288 Main StreetBiddeford, ME 04005Price: $749,900

  • Price: $749,900
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $749,900List Price
  • 0.12Acreage
  • 1910Year Built

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Biddeford's revival is here with Downeast Magazine naming it one of the Best Places to Live in Maine! Travel website Matador Network names Biddeford in top 25 coolest cities to visit in America. Rare offering. 7 unit mixed used investment property in the heart of Biddeford's Main St. 100% occupancy with excellent location near Main St. and Elm St.(Rt.1) intersection. Many improvements and upgrades throughout current ownership. The property has had strong demand with both the retail and residential mix. Current apartment rents range from $750 to $950. Unit mix is (3) retail storefronts, (4) residential apartments Current monthly rents are slightly under market with mostly long term tenants, so there is room for income growth. Historical vacancy has remained extremely low throughout ownership. Gross annual rents: $65,100

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Listed by www.EntryOnly.com

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2021 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Live Maine Team - RE/MAX Infinity participates in ©2021 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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