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  • $625,000

    36 Mount Pleasant Street, Biddeford, ME 04005

    6beds
    3,190sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $730,500 Zestimate®
    $196/sqft
    $2,202 Estimated rent

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    $2,202/mo

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    $3,695/mo

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    What's special

    Fantastic Investment Opportunity! Don't miss out on this exceptional 3-unit multi-family property nestled within a very well-maintained neighborhood in the thriving City of Biddeford. Boasting a prime location, all three units are currently occupied by fantastic tenants, generating an impressive Annual Gross Income of $63,600, with an Annual NOI of $49,322. Each unit features space and modernality with stylish updates, high ceilings, and low-flow plumbing fixtures. Unit #3 has undergone renovations, which include new subfloors in the dining room, kitchen, and one bedroom, durable waterproof LVP Hickory flooring, new cabinets, granite countertops, and stylish backsplash; No detail has been overlooked. Moreover, this property offers convenience and privacy, with each unit benefiting from dedicated storage sheds, off-street parking spaces, and private entrances complemented by inviting porches. Two of the units even include the added convenience of in-unit laundry facilities. Meticulously maintained throughout the years, this building is in immaculate condition and boasts numerous updates aimed at reducing maintenance and utility expenses. From vinyl siding over foam board insulation to composite decking with vinyl railings, every aspect has been carefully considered. The addition of double-pane vinyl windows, spray foam and blown-in insulation in all units and the attic, gutters, and upgraded electrical panels are just a few examples of the extensive updates made to this property. Seize this incredible opportunity to acquire a sound investment property that promises solid returns and consistent cash flow. By becoming a part of the City of Biddeford's ongoing growth and desirability, you position yourself for future success! Just 1 mile from the bustling Biddeford downtown, 10-min drive to I95 and various shopping amenities, and a short walk to Rotary Park. SHOWINGS BEGIN: WEDNESDAY 6/28; OFFER DEADLINE: SUNDAY 7/2 @ 5PM WITH A 24-HR RESPONSE.

    Zillow last checked: 8 hours ago

    Listing updated: January 14, 2025 at 07:05pm

    Listed by:

    Keller Williams Realty

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1563379MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Hot Water, Zoned, Radiator
    Cooling
    • Other
    Features
    • 1st Floor Bedroom, Attic, Bathtub, Pantry, Shower, Storage
    • Flooring: Laminate, Vinyl, Wood
    • Doors: Storm Door(s)
    • Windows: Double Pane Windows
    • Basement: Doghouse,Interior Entry,Full,Sump Pump,Unfinished
    Interior area
    • Total structure area: 3,190
    • Total interior livable area: 3,190 sqft
    • Finished area above ground: 3,190
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, 5 - 10 Spaces, On Site, Off Street
    Features
    • Levels: Multi/Split
    • Stories: 2
    • Patio & porch: Deck, Porch
    Lot
    • Size: 0.33 Acres
    • Features: Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Level, Open Lot, Landscaped
    Details
    • Additional structures: Shed(s)
    • Parcel number: BIDDM32L491
    • Zoning: R1-B

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1880

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On
    Green energy
    • Energy efficient items: Ceiling Fans, Thermostat
    • Water conservation: Low-Flow Fixtures

    Community & neighborhood

    Security
    • Security features: Air Radon Mitigation System
    Location
    • Region: Biddeford

    Other

    Other facts
    • Road surface type: Paved