138 Summer

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Property Description:

Welcome to your next great investment in the heart of Southern Maine! This beautifully maintained 3-unit property in Biddeford sits on a generous lot with potential for future development—offering both immediate cash flow and long-term upside. Perfect for an owner-occupant or investor alike, the property features a spacious 4-bedroom, 2-bath townhouse-style unit, ideal for comfortable living, plus two bright and updated 1-bedroom, 1-bath apartments that generate strong rental income.

With current rents at market value and room for continued growth, this property is a solid performer. Conveniently located just minutes from UNE, Biddeford Pool, sandy beaches, local restaurants, grocery stores, and major highways, residents enjoy the best of both coastal charm and city convenience. You might even catch a refreshing ocean breeze right from your doorstep!

Don’t miss this exceptional opportunity to own a high-demand, income-producing property in one of Maine’s fastest-growing markets. Schedule your showing today and see the value for yourself!

Price:
$680,000
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Address: 138 Summer StreetCity: Biddeford
State: MEBaths: 4
Bathrooms Full: 4Building Area Total: 2362

Features

Basement: Interior, Dirt Floor, Crawl Space, Sump PumpConstruction Materials: Vinyl Siding, Wood Frame
Cooling: NoneElectric: Circuit Breakers
Flooring: Wood, Vinyl, TileHeating: Zoned, Hot Water, Direct Vent Heater, Baseboard
Lot Size Square Feet: 18730.8Parking Features: 5 - 10 Spaces, Paved
Roof: ShingleSewer: Public Sewer
Water Source: PublicYear Built: 1880

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.