20-22 Mount Pleasant StreetBiddeford, ME 04005MLS Number 1494456

  • Price: $469,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Pending
20-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 0400520-22 Mount Pleasant Street Biddeford ME 04005
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  • 0.32Acreage
  • 4Bathrooms
  • 1890Year Built
  • 4,417Square Feet

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Outstanding Investment Opportunity!Two buildings on a 1/3-acre lot offering $54,000/yr in gross income and over $36,000/yr in net income despite under-market rents and the owner contracting out all property management/maintenance services. This investment property includes off-street parking for 10+ vehicles, separate driveways for each building, a one-car garage, and quality vinyl siding. The property is in a fantastic neighborhood that is within easy walking distance of Biddeford schools and multiple parks and is very accessible to I-295 and Biddeford's Downtown district.20 Mount Pleasant Street is a 2-unit duplex with 3-bedroom/1-bath apartments on the first and second floors. The electrical system has been completely upgraded including the box and all wiring, and the basement has been professionally insulated with efficient spray foam insulation. These two units currently have 2+ year tenants in place with leases that expire at the end of June. Both tenants are going month-to-month through the listing and sale process but are receptive to re-leasing with new owners.22 Mount Pleasant Street is a 4-bedroom, 1.5-bath single-family home that has been rented to UNE College of Medicine students for the last four years since the owner moved off-property after owner-occupying. The medical students pass along word of the excellent setup this property offers to incoming medical students, so it essentially fills itself with new tenants once the current set is ready for their next chapter. This building is turning over from one set of UNECOM students to another on July 1 with a 12-month lease in place for the incoming group. This home includes a washer/dryer, large eat-in kitchen with pantry and lots of cabinet space, a front porch off of one of the second-floor bedrooms, as well as a heated one-car garage (with workbench) that, depending on the arrangement, could offer additional income opportunities.
Listed By Coldwell Banker Realty

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More Info

Location Information

  • Building Number20-22
  • StreetMount Pleasant Street

Building

  • Bathroom4
  • Square Feet4,417
  • Foundation MaterialsBlock, Brick/Mortar, Slab
  • BasementBrick/Mortar, Full, Slab, Unfinished
  • 3 Bedroom Units2
  • 4 Bedroom Units1
  • Building ConstructionWood Frame
  • RoofPitched, Shingle

Utilities

  • WaterPublic
  • Heating FuelGas Bottled, K-1/Kerosene
  • Heat SystemDirect Vent Heater
  • CoolingNone
  • ElectricCircuit Breakers
  • GasBottled
  • Waste Water DisposalPublic Sewer

Other

  • Last Img Trans Date06/07/2021
  • Modification Date06/17/2021
  • EquipmentCable
  • Lot52
  • Parking Spaces5 - 10 Spaces, On Site, Paved
  • Year Built1890

Basic Information

  • StyleContemporary, Duplex, New Englander
  • SeasonalNo
  • MLS Number1494456
  • Agent ID005887
  • Broker NameColdwell Banker Realty
  • Broker ID1000
  • List Price$469,000
  • MLS StatusPending

Property

  • Road Frontage100
  • Acreage0.32
  • Leased LandNo
  • Sq Ft SourcePublic Records
  • Vehicle Storage1 Car, Direct Entry to Living, Heated
  • Water ViewNo

Amenities

  • Amenities1st Floor Bedroom, Deck, Laundry - 1st Floor, Laundry - 2nd Floor
  • Other AmenitiesBasement

Photos

  • Number of Photos47

Location

  • StateME
  • Location
    • Intown
    • Near Railroad
    • Near Shopping
    • Near Town
    • Near Turnpike/Interstate
    • Neighborhood
  • Zip04005
  • Address20-22 Mount Pleasant Street
  • CountyYork
  • DrivewayPaved
  • Map32
  • Road Frontage DescriptionPaved, Public
  • SiteOpen
  • TownBiddeford
  • TransportationMajor Road Access

Exterior

  • ExteriorVinyl Siding

Property Information

  • ColorBeige

Water Body

  • Water FrontageNo
Williams Realty Partners
Williams Realty Partners
Office: 207-351-8188
4 Market Place Drive
York, ME 03909

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2021 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Williams Realty Partners participates in ©2021 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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