Biddeford Multi-Families

Multi-Family for Sale
Catylist Listing ID: 30162384
Property Subtypes: Low-Rise/Garden
Number of Units: 7 Units
Building Size (RSF): 6,236 SF
Gross Building Area: 14,100 SF
Gross Land Area: 0.36 Acres
Sale Price: $570,000
Unit Price: $81,428.57 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2017

Overview / Comments

We are pleased to offer for sale an outstanding multi-family
investment in Biddeford. This two-building package offers a total of seven
recently renovated units, fully updated with natural gas heat. Located on a
corner lot with plenty of off-street parking, it’s also an easy walk to downtown
restaurants and amenities. An excellent income generator and/or owner-occupy.
Please contact Brokers for financial information.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: Biddeford
Tax ID/APN: BIDD-000039-000000-000067
Zoning: MSRD2
Percent Occupied: 100%
Property Located Between: Foss Street and Hill Street
Highway Access: Approximately 3 miles to I-95 (Maine Turnpike) via Route 1
Airports: Biddeford Municipal Airport, Portland International Jetport
Site Description: Level, open, sidewalks
Area Description: Biddeford is a city in York County, Maine, United States. It is the principal commercial center of York County. The population was 21,277 at the 2010 census. Wikipedia
Total Number of Buildings: 2
Property Condition: Excellent
Number of Stories: 2
Year Built: 1900
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Frame
Parking Type: Surface
Parking Description: Off-street parking
Total Parking Spaces: 10
Heat Type: Natural Gas, Propane, Oil
Heat Source: Baseboard
Fuel: Gas, Oil, Propane
Zoning Description: Main Street Revitalization District 2
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: York County Book 17183 Page 516

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,671 32,750 51,243
Median Age: 37.26 41.62 41.35
Households: 7,113 14,465 21,778
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