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.
Closed
$625,000
36 Mount Pleasant Street, Biddeford, ME 04005
6beds
3,190sqft
Multi Family
Built in 1880
-- sqft lot
$745,300 Zestimate®
$196/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 14, 2025 at 07:54pm
Listed by:
Keller Williams Realty
Bought with:
Keller Williams Realty
Source: Maine Listings,MLS#: 1563379

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Radiator, Multi-Zones, Hot Water
Cooling
- Other
Appliances
- Laundry: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
Features
- 1st Floor Bedroom, Attic, Bathtub, Other, Pantry, Shower, Storage
- Flooring: Wood, Vinyl, Laminate
- Basement: Full,Sump Pump,Doghouse,Interior Entry,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: 5 - 10 Spaces, Paved, On Site, Off Street
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Deck, Porch
Lot
- Size: 0.33 Acres
- Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban
Details
- Additional structures: Shed(s)
- Parcel number: BIDDM32L491
- Zoning: R1-B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Foundation: Concrete Perimeter, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Green energy
- Water conservation: Low-Flow Fixtures
Community & neighborhood
Location
- Region: Biddeford
Other
Other facts
- Road surface type: Paved
Services availability

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