279 Hill St, Biddeford, ME 04005

$1,800,000
4
BA
3,578
SqFt

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Listing courtesy of Real Broker. 207-604-4624

List Price
$1,800,000
MLS#
1682039
Status
ACTIVE
Type
Multifamily
City
Biddeford
County
York
Bathrooms
4
Living Area
3,578
Lot Size
27,442
Year Built
1900

Property Description

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 — 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 — bring your vision and capitalize on a development already in motion.

Additional Information

Living Area
3,578
Electric
Circuit Breakers
Water
Public
Basement
Interior Entry, Full, Unfinished
Cooling
None
Year Built
1900
Acres
0.63
Roof
Shingle
Style
Colonial
Courtesy Of Listing Office
Real Broker

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Amount of Loan
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Calculator source: Real Geeks

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Contact: 207-604-4624