Biddeford, ME 04005 33 George Street

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Presented By: EXP Realty;
  • MLS# 1613043
  • 01/23/2025
  • Request Tour
  • Request Info
  • Baths • 4
  • SQFT • 3,648

Home Details

Hot Investment Opportunity in Biddeford! Discover this fully renovated, 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 system Updated electrical throughout New egress windows Modernized plumbing Stylish new flooring Priced at $850,000, 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.
Presented By: EXP Realty;

Interior Features for 33 George Street

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

Above Grade Finished Area3648.0
Air Conditioning Y/NNo
BasementCrawl Space, Exterior Only, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringLaminate
Heating Y/NYes

General for 33 George Street

Additional Parcels Y/NNo
Architectural StyleMulti-Level
Attached Garage No
Carport Y/NNo
CityBiddeford
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyYork
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths4
Garage Y/NNo
Gross Income90552.0
HOANo
HeatingMulti-Zones, Hot Water, Baseboard
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet13068.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total4
Operating Expense19413.0
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Tax Annual Amount6679.0
Tax Lot315
Tax Year2023
UtilitiesUtilities On
Waterfront Y/NNo
Year Built1911
ZoningR2

Exterior for 33 George Street

Building Area Total3648.0
Crops Included Y/NNo
Foundation DetailsBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Near Shopping, Near Town, Neighborhood
Lot Size Acres0.3
Lot Size Area0.3
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features5 - 10 Spaces, Paved
SpaNo
Water SourcePublic

Additional Details

Price History

Jon Mercier

Designated Broker/ Realtor®
Price $850,000
MLS#1613043
List Date 01/23/2025
Property Type Contingent
Phone 207.577.2365
Request Tour
Request Info
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