Unique investment opportunity! This property may be purchased individually or together with the adjoining property at 20 Vincent Ave (MLS# 1673816), creating a combined portfolio of 6 residential units and 6 oversized garage bays with shared parking and multiple income streams.
Unique investment opportunity! This property may be purchased individually or together with the adjoining property at 20 Vincent Ave (MLS# 1673816), creating a combined portfolio of 6 residential units and 6 oversized garage bays with shared parking and multiple income streams. See the companion listing for details on this rare offering. This income-producing property features two 2 bedroom, 1 bath apartments, each offering more than 900 square feet of living space. Beneath the residential units are six oversized garage bays, currently leased separately to provide an additional income stream. Low maintenance vinyl siding, new windows and exterior doors installed in 2019, off-street parking, and separate garage access contribute to convenient ownership and management. The oversized garage bays offer exceptional flexibility for storage, contractor space, workshops, vehicle parking, or other permitted uses, supporting continued rental demand. Ideally located just minutes from downtown Biddeford's restaurants, breweries, shops, parks, and growing business district, the property also offers convenient access to the Maine Turnpike, Amtrak, and nearby beaches. Whether purchased on its own or together with the adjoining property, this property offers immediate income, diversified revenue streams, and long-term investment potential in one of southern Maine's strongest rental markets.