530 Main

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Property Description:

TURN-KEY (meticulously maintained) building – eight-unit investment opportunity for qualified professionals! Built by the sellers in 1982, this property has been consistently updated and cared for with pride and passion, for the last 40 years! All units (Townhouses) tastefully feature two floors; two-bedrooms; spacious rooms; washer/dryer hookup; new flooring in most units; private patio overlooking the Saco River. The building features a new roof; is well insulated and energy-efficient; new egress windows on the backside; off-street parking; storage space; long-term, professional tenants (T.A.W.); old and quiet neighborhood. The pictures represent three units only – all units are identical in design and equal in condition! The rents are below market value and all units are Tenants at Will. In town location is within walking distance to the high school and close to the revitalized and thriving downtown with all its amenities (restaurants, bars, brew-pubs, Amtrak, Turnpike and shopping centers); only a few miles to access four public beaches and U.N.E.’s main campus. Don’t miss this rare opportunity to acquire one of the nicest and best-kept buildings in Biddeford! Check Docs for Income/Expense sheet.

Price:
$1,500,000
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Address: 530 Main StreetCity: Biddeford
State: MEBaths: 8
Bathrooms Full: 8Building Area Total: 7034

Features

Basement: Full, UnfinishedConstruction Materials: Wood Frame
Cooling: NoneElectric: Circuit Breakers
Exterior Features: Vinyl SidingFlooring: Carpet, Tile, Laminate
Foundation Details: Poured ConcreteHeating: Baseboard, Hot Water
Interior Features: Fence, Storage, Laundry - 2nd Floor, Laundry - Hookup, Bathtub, Shower, PatioLot Size Square Feet: 34848
Parking Features: Off Street, On Site, 11 - 20 Spaces, PavedRoof: Shingle
Sewer: Public SewerWater Source: Public
Waterfront Features: River, StreamYear Built: 1982

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