Updated over 7 years ago on . Most recent reply
10 units Biddeford Maine
Value add opportunity.
Two 5 unit buildings. 650k
Fully occupied undermarket rents. Opportunity to renovate, increase rents to market.
Building 1
Five (1 Br) units $650-750 current rents. Market supports $750-$1025 per one bedroom
- Taxes $3,146
- Water $326.71
- Sewer $847.74
- Insurance $1,202
CMP $181 - Oil $3,542.36 (1,495.3 gallons).
Building 2
Two (1Br) units $600 current rents. Market supports $750-$1025 per one bedroom
Two (2 Br) Units $800 current rents. Market supports $1000-$1200
One (3 Br) unit $700 current rent. Market supports $1200-$1600
- Taxes $4,413
- Water $547
- Sewer $1,380
- Insurance $2,003
- CMP $564,
- Oil $4,790.59
(2,022.2 gallons).
Please email [email protected] if interested.
Offering