For Sale
$326,000

312 Alfred StBiddeford, ME 04005

Charming 2-unit apartment building, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
114
This meticulously maintained two-unit apartment building presents a fantastic investment opportunity in the desirable Biddeford, Maine area. Built in 1921 and renovated in 2000, this property boasts a total of 1,590 square feet spread across two stories. The asking price is $326,000, translating to $163,000 per unit and $205.03 per square foot. The lower unit offers one bedroom and one bathroom, showcasing original finishes and hardwood floors, while the upper unit provides two to three bedrooms and one bathroom. Both units benefit from the property's spacious backyard. This property enjoys exceptional walkability and convenient access to public transportation, including proximity to the Orange and Black Bus Lines. Residents are within walking distance of Elm Street and Five Points shopping areas, as well as major grocery stores like Target, Market Basket, and Hannaford. The location is also strategically positioned less than a mile from the Biddeford Turnpike exit, ensuring easy highway access. This property offers significant potential, whether maintained as a two-unit rental or converted back into a single-family home. The combination of its charming character, convenient location, and strong rental potential makes this a truly compelling investment. The property is located at 312 Alfred St, Biddeford, ME 04005.

Highlights

  • Well-maintained two-unit apartment building in desirable Biddeford, ME.
  • 1,590 sq ft building on two stories, built in 1921, renovated in 2000.
  • Asking price: $326,000 ($163,000 per unit, $205.03/sq ft).
  • Lower unit: 1 bed, 1 bath; Upper unit: 2-3 beds, 1 bath.
  • Spacious backyard, excellent walkability, near public transportation (Orange & Black Bus Lines).
  • Close to shopping (Elm Street, Five Points, Target, Market Basket, Hannaford) and Biddeford Turnpike.

Property Details for 312 Alfred St

Property type
Apartment buildings
Square Feet
1,590 SF
Year Built/Renovated
1921/2000
Stories
2
Units
2

Location Insight

City
Biddeford
County
York
State
Maine
Latitude
43.4843993
Longitude
-70.4684312
312 Alfred St, Biddeford, Maine

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312 Alfred St
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