Bought with Keller Williams Realty
$730,000
$699,900
4.3%For more information regarding the value of a property, please contact us for a free consultation.
16 Clifford ST Biddeford, ME 04005
4 Baths
2,700 SqFt
Key Details
Sold Price $730,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,700 sqft
MLS Listing ID 1603392
Sold Date 11/27/24
Style Multi-Level
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,700
Originating Board Maine Listings
Year Built 1880
Annual Tax Amount $5,527
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Excellent investment opportunity located on the edge of Biddeford's thriving downtown. This cash flowing 4-unit property is just steps away from popular restaurants, breweries, and shops, ensuring a steady demand from tenants who want to be near the vibrant city life. Built in 1880, the 2,700 sq. ft. building spans three renovated floors, with a basement unit that can be upgraded to generate additional rental income.
Two driveways provide complete off-street parking for all tenants, while an oversized garage with designated storage spaces offers added monthly cash flow. This property is well-positioned to deliver consistent rental income and long-term value in a rapidly growing market.
Location
State ME
County York
Zoning R2
Rooms
Basement Full, Partial, Interior Entry
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Vinyl, Carpet
Exterior
Parking Features 5 - 10 Spaces, Paved, Common, Detached
Garage Spaces 4.0
Utilities Available 1
View Y/N No
Roof Type Membrane,Other
Street Surface Paved
Garage Yes
Building
Lot Description Corner Lot, Intown, Near Town, Neighborhood, Near Railroad
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Oil
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