1,800,000

House for sale Biddeford
Property photo number 1 of 13 Photos for Property. File  105714028_29_eaae0410e74b3e1e82ba2b6ac14c45e4.jpeg

Overview

SUMMARY: Discover an opportunity with this Biddeford house for sale and available for 1,800,000. This could be your next ideal home or a smart investment. More details await.
Investment Opportunity: This can be up to 12 units OR more. With further approvals, this location opens up the opportunity for even bigger investment. 279 Hill Street is an existing 4-unit building with condominium approval already secured for the site, which also includes three additional 2-unit buildings a€” one of which is soon to be completed and features 2-bedroom/1-bath units. A possible 4th 2-unit building is pending approval, offering even further upside. The remaining approved 2-unit buildings are ready to be built, giving an investor or builder a clear path to expand the portfolio. Hold for rental income, sell units individually, or phase construction to fit your goals. Located in one of southern Maine's fastest-growing communities with strong rental demand and easy access to Route 1 and the Maine Turnpike. Approvals and site plans available a€” bring your vision and capitalize on a development already in motion.
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Details

  • Baths: 4
  • Price: 1,800,000
  • Reference No.: 96269907
  • Area: 3,578 sqft

Location

Marketed by:

  • Adam Parent
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