29 Cutts StreetBiddeford, ME 04005MLS Number 1537859

SUPERIOR CONDITION. METICULOUSLY WELL MAINTAINED & UPGRADED CONSISTENTLY.JUST COLLECT THE RENT. You will not find a better multi-family building then this one, unless it is brand new. Wheel chair ramp accessible for both 1st floor units. All 6 units are identical layouts consisting of a kitchen, double living rooms, 3 bedrooms, 1.5 bathrooms and a shed/mudroom at the rear entry & a covered porch.Maintenance free floor decking. 2019 the building was completely painted from top to bottom. All 68 exterior window trims were redone with Azek . Most of the building also has Azek trim. New front porch roof & new exterior storms doors installed throughout.2015 Two Buderus Furnaces installed. 2013 rubber membrane roof. Parking behind the building.Rents are way below market rate. Calculate your own current market rates for these large units. Currently 3 vacant units with $1,850 per month ''projected rent'' per unit.Annual income is projected with all units rented at $1,850 per month.Natural Gas is stubbed in at building.Located one block from beautiful revitalized down town. Walk to all the restaurants, coffee shops, pubs etc. Amtrak & the Bus Line are also available. Don't let this excellent property pass you by. YOU WILL NOT BE DISAPPOINTED PREVIEWING THIS BUILDING! Annual Expenses- Taxes $7,104, Insurance $4,829, Water $788, Sewer $1,070, Oil-$4,523.36. The abutting land parcel 18-22 Bradbury Street (Lot 10 on the attached survey) can be purchased for $159,000. 4 new condo or apartment units can be built with planning board approval. Water & Sewer is stubbed in on the lot & Natural Gas is in the sidewalk.THIS IS A MUST SEE PROPERTY. DON'T LET THIS ONE PASS YOU BY.