Multi-Family for Sale: 20 Porter Street, Biddeford, ME 04005

2 full baths
$479,000
$479,000
20 Porter Street, Biddeford, ME 04005
2 full baths
$479,000
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Price:
$479,000
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Type Multi-Family
Style New Englander
Total Baths 2 full baths
Square Feet 3,063 sqft
Lot Size 0.15 acres
Year Built 1939
Taxes Paid $4,483
City Biddeford
County York
MLS 1609772
Status Active Under Contract
Investors take notice! Two unit in one of Maine's fastest growing cities; close to Portland and the ocean as well as easy access to highway. Dining, shopping, and play are all close by. This is a 2-unit income-producing property with great potential. Both units are currently tenant-occupied but below market rates. The property requires some updates and improvements to maximize its value and functionality.With the right repairs it can be brought to its full potential, but it is priced accordingly. Buyers are encouraged to conduct their own due diligence, including inspections, to assess the condition of the property. The units are fully occupied, and there is a strong rental history in place. EXTRA BONUS BEDROOM that is currently part of upstairs unit but on FIRST floor, which makes one of the units a 4 bedroom. This extra room has a closet and access to outside door, easily can be part of downstairs unit instead or rent it separately if town allows mixed use.

Room Features

Basement Description Full, Unfinished, Interior Entry

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $4,483

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 3
Unit 2 of Rooms 8

Price History of 20 Porter Street, Biddeford, ME

Date Name Price Difference
11/19/2024 Listing Price $479,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$620,000
$197 / sqft
Average
$620,000
$197 / sqft
High
$620,000
$197 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Biddeford 04005 0 2.0 $479,000 3,063 $156 N/A
470 Elm Street Biddeford 04005 0 3.0 $620,000 3,150 $197 07/01/2024

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Map of 20 Porter Street, Biddeford, ME

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Photo of Keating & Co Realty
Direct: 603-785-3907
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Dream Home Realty LLC, Alla Sherstyukov & Christine Goyet 207-300-4663
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6.75%
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20 Porter Street (MLS #1609772) is a new englander multi-family listing located in Biddeford, ME. This multi-family listing is 3,063 sqft and on a lot of 6,534 sqft (or 0.15 acres) and is 85 years old. This property was listed on 11/19/2024 and has been priced for sale at $479,000.

The multi-family listing at 470 Elm Street in Biddeford is nearby and sold for $620,000 on 07/01/2024.

Nearby zip codes are 04046, 04064, 04072 and 04074. This property neighbors other cities such as Arundel, Kennebunk Port, Kennebunkport, Old Orchard Beach and Saco.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Dream Home Realty LLC

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. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.