About This Home
This 0-bedroom, 4-bathroom residential multi family at 3 Saint Marys Street in Biddeford, ME is listed for $589,000 ($329 per sqft). Built in 1890, the home offers 1,788 sqft of living space on a 0.07 acres lot.
Key Features
- Built in 1890
- 0.07 acre lot
Property Details
Opportunity to add value with this 4-unit property located in downtown Biddeford. The building consists of four 1-bedroom units, all currently rented well below market rates, with one first-floor unit left vacant for an owner-occupant or new tenant. The units could benefit from cosmetic updates, giving the next owner room to improve both the property and rental income over time.
The building features a clean basement, natural gas boiler, and separate hot water heaters. Two tandem parking spaces are currently available, with potential to create additional parking. A solid option for an investor or owner-occupant looking to build equity in a convenient downtown location.
Monthly Cost Estimate
$3,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3 Saint Marys Street
Biddeford, ME 04005
Property Details
Flooring
Construction
Heating
Questions & Answers
This 0-bedroom, 4-bathroom residential multi family at 3 Saint Marys Street is listed at $589,000 ($329/sqft). The estimated monthly payment is $3,150 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1890, 0.07 acre lot.
This property is listed by Daniel Weber Nicholas Laverriere and can be reached at 2072843043.
