$875,000
UNDER CONTRACT $25K PRICE INCREASE

33 George St Biddeford, ME 04005

Estimated payment $5,389/month

Total Views 10,942
-- Bed
4 Baths
3,648 Sq Ft
$240 Price per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • 2-minute walk to Clifford Park
  • Zoned Heating
  • Level Lot

About This Home

Back on Market at no fault of Seller, Property Appraised and through prior inspection, sellers are upgrading a few things. This won't last long. Discover this turnkey, cash-flowing 4-unit property on George Street—an investor's dream! Each unit features spacious 3-bedroom, 1-bath layouts, generating an impressive $90,552 annual income with a strong NOI of $71,140. And there's even room to optimize rents in this thriving rental market!This turnkey investment is loaded with updates, including:Lead paint abatement Brand-new heating systemUpdated electrical throughout New egress windowsModernized plumbingStylish new flooringPriced at $875,000, this property is a rare gem that won't last long. Act now to secure it Biddeford's rental demand is booming—don't miss out on this golden opportunity! Contact me today to schedule your private showing and take the first step toward growing your investment portfolio.

Listing Agent

Scott Thibeau

EXP Realty Listed on: 01/24/2025

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,679

Year Built

  • Built in 1911

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,648 Sq Ft Home
  • Multi-Level Property
  • Laminate Flooring

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 315
  • Assessor Parcel Number BIDD-000039-000000-000315

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $19,413
  • Gross Income $90,552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,679

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • MLS Status: Active Under Contract
  • Above Grade Finished Sq Ft: 3648.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1911
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3648.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 90552.0
  • Income Expenses Operating Expenses: 19413.0
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Basement Entry:Exterior Only: Yes
  • Levels:Multi-Level3: Yes
  • Heat System:Zoned: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Laminate

Exterior Features

  • Lot Features: Level, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: BIDD-000039-000000-000315
  • Zoning: R2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 90552.0
  • Annual Operating Expense: 19413.0

Tax Info

  • Tax Annual Amount: 6679.0
  • Tax Book Number: 18470
  • Tax Lot: 315
  • Tax Map Number: 39
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Price Changed $875,000 +2.9% $240 / Sq Ft
01/24/2025 01/24/25 For Sale $850,000 +240.1% $233 / Sq Ft
05/14/2019 05/14/19 Sold $249,900 -16.4% $69 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $299,000 -- $82 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1613043

Maine Listings