Biddeford's revival is here with Downeast Magazine naming it one of the Best Places to Live in Maine! Travel website Matador Network names Biddeford in top 25 coolest cities to visit in America. Rare offering. 7 unit mixed used investment property in the heart of Biddeford's Main St. 100% occupancy with excellent location near Main St. and Elm St.(Rt.1) intersection. One apartment monthly rent is paid thru June 2022, to be credited to buyer at closing! Many improvements and upgrades throughout current ownership. The property has had strong demand with both the retail and residential mix. Current apartment rents range from $750 to $950. Unit mix is (3) retail storefronts, (4) residential apartments Current monthly rents are slightly under market with mostly long term tenants, so there is room for income growth. Historical vacancy has remained extremely low throughout ownership. Gross annual rents: $65,100
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