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  • $495,000

    20 Porter Street, Biddeford, ME 04005

    6beds
    3,063sqft
    Multi Family
    Built in 1939
    -- sqft lot
    $503,200 Zestimate®
    $162/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: February 01, 2025 at 06:14am

    Listed by:

    Dream Home Realty LLC

    Bought with:

    Coldwell Banker Realty

    Source: Maine Listings,MLS#: 1609772MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Forced Air, Baseboard
    Cooling
    • None
    Appliances
    • Laundry: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
    Features
    • 1st Floor Bedroom, Bathtub, One-Floor Living
    • Flooring: Wood, Vinyl, Laminate
    • Basement: Full,Interior Entry,Unfinished
    Interior area
    • Total structure area: 3,063
    • Total interior livable area: 3,063 sqft
    • Finished area above ground: 3,063
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: 1 - 4 Spaces, Paved, On Site
    • Attached garage spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Glass Enclosed
    Lot
    • Size: 6,534 sqft
    • Features: Corner Lot, Level, Sidewalks, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
    Details
    • Parcel number: BIDDM34L334
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Block, Wood Frame
    • Roof: Shingle
    Condition
    • Year built: 1939

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Biddeford

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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