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Multi-FamilyMEBiddeford0400528 Cutts Street, Biddeford, ME, 04005

28 Cutts Street, Biddeford, ME, 04005

28 Cutts Street, Biddeford, ME, 04005
4 baths
$795,000
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Basics

  • Date added: Added 6 months ago
  • Category:
  • Status:
  • Bathrooms: 4
  • Lot size: 0.07 sq ft
  • Year built: 1925
  • Bathrooms Full: 4
  • Lot Size Acres: 0.07 acres
  • Zoning: MSRD2
  • County: York
  • MLS ID: 1626879

Description

  • Description:

    Start Building Wealth with Just 3.5% Down! Perfect FHA-Friendly 4-Unit in Downtown Biddeford!! Ready to stop renting and start investing in your future? This is your chance to become a homeowner and landlord with as little as 3.5% down using FHA financing! Located just steps from the vibrant heart of downtown Biddeford, this 4-unit multifamily is the ultimate house-hack opportunity. Live in one unit and let the rent from the other three units help pay your mortgage, resulting in lower monthly costs and the ability to build equity from day one. Each unit offers easy layouts and strong existing tenancy, with room to boost income over time through updates and/or rent increases. Off-street parking adds convenience and extra value in a neighborhood where parking is a premium. Walk to top-rated restaurants, local breweries, cafés, shops, and the scenic Saco River. Biddeford is one of Maine's fastest-growing cities, regularly landing on national 'best places to live' lists thanks to its thriving downtown, coastal charm, and rising property values. Whether you're just getting started in real estate or looking for your first owner-occupied investment, this property checks all the boxes: low down payment, great location, strong rental income, and long-term upside. Opportunities like this don't last, so schedule your private showing today and take the first step toward financial freedom!

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Location

Building Details

  • Building Area Total: 4100 sq ft
  • Number Of Units Total: 4
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Other, Colonial
  • Sewer: Public Sewer
  • Heating: Zoned, Hot Water, Forced Air, Baseboard
  • StoriesTotal: 3
  • Stories: 3
  • Roof: Composition, Pitched, Shingle
  • Foundation Details: Granite
  • Levels: Multi-Level
  • Basement: , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl, Carpet
  • Parking Features: 1 - 4 Spaces, Paved, Off Site, On Site
  • Garage Spaces: 0
  • WaterSource: Public
  • Interior Features: 1st Floor Bedroom, Bathtub, Shower
  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit, Near Railroad
  • Window Features: Double Pane Windows
  • Fireplaces Total: 0
  • Cooling: None

Fees & Taxes

  • Gross Income: $79,200

School Information

  • High School District: Biddeford Public Schools

Miscellaneous

  • Road Surface Type: Paved
  • Pets Allowed: No Restrictions

Courtesy of

  • List Office Name: Spectrum Real Estate

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Office: 207-942-6310

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Bangor, ME 04401
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