36 Mount Pleasant StreetBiddeford, ME 04005Sale Price: $625,000

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.