312 Alfred St Biddeford, ME 04005
- Commercial real estate
- 1,590 SF
Current Use by Public Records
- Commercial real estate
Property Details for 312 Alfred St
- Year built
- 1921
- Property size
- 1,590 SF
- Property type
- Commercial real estate
Description
This meticulously maintained two-unit apartment building presents a fantastic investment opportunity in the desirable Biddeford, Maine area. Built in 1921 and renovated in 2000, this property boasts a total of 1,590 square feet spread across two stories. The asking price is $326,000, translating to $163,000 per unit and $205.03 per square foot. The lower unit offers one bedroom and one bathroom, showcasing original finishes and hardwood floors, while the upper unit provides two to three bedrooms and one bathroom. Both units benefit from the property's spacious backyard. This property enjoys exceptional walkability and convenient access to public transportation, including proximity to the Orange and Black Bus Lines. Residents are within walking distance of Elm Street and Five Points shopping areas, as well as major grocery stores like Target, Market Basket, and Hannaford. The location is also strategically positioned less than a mile from the Biddeford Turnpike exit, ensuring easy highway access. This property offers significant potential, whether maintained as a two-unit rental or converted back into a single-family home. The combination of its charming character, convenient location, and strong rental potential makes this a truly compelling investment. The property is located at 312 Alfred St, Biddeford, ME 04005.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Biddeford
- County
- York
- State
- Maine
- Longitude
- -70.4684312
- Latitude
- 43.4843993
