CURRENT CAP RATE AT 13.52 PERCENT. Seller is open to OWNER FINANCING opportunities. Rare and highly versatile property featuring three separate smart-enabled buildings on more than an acre, offering exceptional opportunities for multigenerational living, rental income, short-term rentals, or flexible investment use.
CURRENT CAP RATE AT 13.52 PERCENT. Seller is open to OWNER FINANCING opportunities. Rare and highly versatile property featuring three separate smart-enabled buildings on more than an acre, offering exceptional opportunities for multigenerational living, rental income, short-term rentals, or flexible investment use. Previously under contract for approximately 3.5 months, this property is now back on the market due to buyer-side circumstances, creating a renewed opportunity for the next purchaser. The main home includes three bedrooms plus an in-law suite with its own kitchen, radiant floor heating in key areas, two laundry rooms, custom tiled bathrooms, a Viessmann heating system, newer metal roof, and a 20KW whole-house generator. Wall-mounted TVs convey. A second detached building offers a full bath, two ductless mini-splits, its own 10KW generator, full networking capabilities, and was structurally designed for a future second story. The turnkey cottage is ideal for rental or short-term rental use, featuring an open floor plan, washer/dryer, mounted TV, Bose surround sound, and dedicated 10KW generator. All three buildings are connected through smart technology with app-based control over lights, locks, cameras, thermostats, and alarms. Additional features include separate electric meters, individual in-ground propane tanks with remote monitoring, newer leach field installed in 2021, paved parking, and room for potential future expansion. Conveniently located near downtown Biddeford, University of New England, beaches, restaurants, and I-95. Flexible zoning adds even more potential.