72 Foss Street , Biddeford, ME 04005(York County)

0.11 Acres in Biddeford, ME - $671,000

Location! Location! Location! Great investment opportunity with easy walkability to downtown Biddeford & Saco and all that Main Street and the revitalized Mills have to offer! Beautifully updated, turn key four unit proudly maintained by the same family for more than 70 years. One of the Units is currently being used as Air BNB. All 4 Units are very spacious! Four ''off street'' parking spaces as well as two municipal parking lots steps away. Food & Wine Magazine names Biddeford as one of four American ''small cities with big food scenes.'' Three units have leases until Dec. 31, 2022. AIR BNB is rented until August 31, 2022. EXPENSES: Taxes - $5810, Insurance - $2700, Water & Sewer - $2500, Heating - 1740 gal., Electric in Common Areas - $240. NET OPERATING INCOME: $52,214. 48 hour notice required to view property.