About this home
Opportunity to add value with this 4-unit property located in downtown Biddeford. The building consists of four 1-bedroom units, all currently rented well below market rates, with one first-floor unit left vacant for an owner-occupant or new tenant. The units could benefit from cosmetic updates, giving the next owner room to improve both the property and rental income over time. The building features a clean basement, natural gas boiler, and separate hot water heaters. Two tandem parking spaces are currently available, with potential to create additional parking. A solid option for an investor or owner-occupant looking to build equity in a convenient downtown location.
Listing last checked: Listing updated:
Listed by Listing Agent · Keller Williams Realty · MLS #1682457
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Details at a glance
Interior3 property facts
- Heating
- Hot Water, Radiant
- Cooling
- None
- Flooring
- Wood, Linoleum
Building4 property facts
- Style
- Other
- Year built
- 1890
- Garage
- 0
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.07 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- MSRD2
Financial2 property facts
- Annual taxes
- $4,204
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $589,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,329 / monthAdjust
- Principal & interest
- $2,978
- Property tax
- $350
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,204. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 3 Saint Marys Street
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Request a tour of 3 Saint Marys Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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