Spacious duplex in a growing Biddeford location offering strong $450,000

Lot For Sale near Saco River

Spacious duplex in a growing Biddeford location offering strong rental income. The property features two large units: one 3-bedroom and one 4-bedroom. The 3-bedroom unit is currently vacant and move-in ready, making it a great option for an owner-occupant with immediate income from the second unit. Set on an oversized lot with a generous side yard and a large rear deck ideal for outdoor entertaining. Additional features include a two-car garage, 2 driveways, and a large storage shed. One unit is heated by a newer high-efficiency boiler, while the other is heated with a heat pump. All utilities, including water and sewer, are separately metered. Professional property management is currently in place and may remain for a buyer seeking ease of operation. A recent appraisal valued the property at $500,000, so this is priced to sell creating immediate built-in equity for the next owner. With interest rates at a 2-year low, this is a great window of opportunity. Located directly across the street from The Levee development, which will bring new retail, restaurants, and a park connecting to the expanding Biddeford Riverwalk.