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12 King Street

Biddeford, ME 04005
  • $750,000
  • STATUS: Active
  • MLS #: 1541379
$750,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,916
    SQFT
Type:
Multi-Family
Built:
1890
County:
Area:

School Ratings & Info

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Description

''NO FIRE SAFETY VIOLATIONS BUILDING'' JUST COLLECT THE RENT! See attached compliance letter from the City of Biddeford. Very well maintained 5 unit with a maintenance free exterior offering vinyl siding and no lawn to maintain. This urban style location is basically zero exterior maintenance. Non Smoking,No PetsBuilding.Two brand new apartments.One is currently under construction and will be completed soon. The new completed 1st floor 2 bedroom unit could also make a great owner occupied building. Live for free. Let the other 4 tenants pay the expenses.Current three existing rents of $900, $900 & $1,000 are below market rates and should be increased. Current three tenants are all tenants at will. The $1,650 & $1,550 rents are the two vacant units, and the rents are projected, although accurate and possibly still low.The two vacant units are being left vacant purposely to allow a new owner to allocate the rental amounts they demand. This is a very good solid mechanical & turnkey building. Located in the heart of all down town amenities. 10 minute walk to Amtrak. If you want a GOOD BUILDING, this is the building to preview. 24 HOUR NOTICE REQUIRED.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-09-26T23:48:06.063.
www.thenewenglandreco.com/homes/132532435
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12 King Street Biddeford, ME 04005

  • Price: $750,000
  • Status: Active
  • On Site: Days
  • MLS #: 1541379
0
Beds
0
Baths
0
½ Baths
0.09
Acres
4,916
SQFT
$153
$/SQFT
1890
Built
County:
York
Area:
Biddeford
Property Description
''NO FIRE SAFETY VIOLATIONS BUILDING'' JUST COLLECT THE RENT! See attached compliance letter from the City of Biddeford. Very well maintained 5 unit with a maintenance free exterior offering vinyl siding and no lawn to maintain. This urban style location is basically zero exterior maintenance. Non Smoking,No PetsBuilding.Two brand new apartments.One is currently under construction and will be completed soon. The new completed 1st floor 2 bedroom unit could also make a great owner occupied building. Live for free. Let the other 4 tenants pay the expenses.Current three existing rents of $900, $900 & $1,000 are below market rates and should be increased. Current three tenants are all tenants at will. The $1,650 & $1,550 rents are the two vacant units, and the rents are projected, although accurate and possibly still low.The two vacant units are being left vacant purposely to allow a new owner to allocate the rental amounts they demand. This is a very good solid mechanical & turnkey building. Located in the heart of all down town amenities. 10 minute walk to Amtrak. If you want a GOOD BUILDING, this is the building to preview. 24 HOUR NOTICE REQUIRED.
Exterior Features

Accessibilitiy Amenities Level Entry Construction Wood Frame Driveway Paved Exterior Vinyl Siding Foundation Materials Granite Parking 1 - 4 SpacesOn SitePaved Roads Public Site LevelOpenSidewalks Vehicle Storage No Vehicle Storage Water Info Water Frontage No Water Info Water View No

Interior Features

Basement Dirt FloorFull Floors LaminateVinylWood Units Number Of1 Bd Units 4 Units Number Of2 Bd Units 1 Units Number Of3 Bd Units 0 Units Number Of4 Or More Bd Units 0

Property Features

Amenities Laundry - HookupPorchShower Building Info Number Floors 3 Building Info Number Heating Units 4 Building Info Number Water Heaters 5 Cooling Heat Pump Electric Circuit Breakers Full Tax Amount Amount 3954.00 Gas No Gas Heat Fuel ElectricOil Heat System BaseboardForcedHeat PumpHot WaterMulti-Zones Leased Land No Location IntownNear ShoppingNeighborhood Lot 1 Seasonal No Sewer Public Sewer Sqft Finished Above Grade 4916.00 Sqft Finished Below Grade 0.00 Sqft Source Public Records Style Other Style Surveyed Yes Tax Year 2022 Transportation Major Road AccessPublic Transport AccessRail Available Water Public Zoning Msrd2 Zoning Overlay No

Listing provided courtesy of Realty Sales Inc: [IDXCONTACTINFORMATION].

© 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-09-26T23:48:06.063.
 
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