33 George ST

Biddeford,ME 04005

$ 875000

- Bed

4 Baths

3648 SqFt


Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Square Footage 3,648 sqft

Price per Sqft $239

MLS Listing ID 1613043

Style Other

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,648

Year Built 1911

Annual Tax Amount $6,679

Tax Year 2023

Lot Size 0.300 Acres

Acres 0.3

Source Maine Listings

Property Description

Back on Market at no fault of Seller, Property Appraised and through prior inspection, sellers are upgrading a few things. This won't last long.

Discover this turnkey, cash-flowing 4-unit property on George Street—an investor's dream! Each unit features spacious 3-bedroom, 1-bath layouts, generating an impressive $90,552 annual income with a strong NOI of $71,140. And there's even room to optimize rents in this thriving rental market!

This turnkey investment is loaded with updates, including:
Lead paint abatement
Brand-new heating system
Updated electrical throughout
New egress windows
Modernized plumbing
Stylish new flooring

Priced at $875,000, this property is a rare gem that won't last long. Act now to secure it

Biddeford's rental demand is booming—don't miss out on this golden opportunity! Contact me today to schedule your private showing and take the first step toward growing your investment portfolio.

Location

State ME

County York

Zoning R2

Rooms

Basement Crawl Space,Exterior Only,Unfinished

Interior

Heating Zoned,Hot Water,Baseboard

Cooling None

Flooring Laminate

Exterior

Parking Features 5 - 10 Spaces,Paved

Utilities Available 1

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Level,Near Shopping,Near Town,Neighborhood

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Oil

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