Listed by Town & Shore Real Estate
$895,000
175 Alfred Street
Details
APN BIDD-000034-000000-000219
Property Type Multifamily
Square Footage 5,060
Units 6
Beds 6
NOI $89,901
Occupancy 100%
Tenancy Multi
Class C
Year Built 1910
Acreage 0.150
Zoning R2
Parking Spaces 7 spaces
Parking per 1,000 SqFt 1.38
Multifamily | 6 Units
Marketing description
Spacious 6-Unit building in excellent Biddeford location. This property offers fantastic cash flow, and many modern updates including metal roof, replacement windows, furnace, flooring, and other cosmetics. Nice corner lot with 5 parking spaces. Expansion possibilities to spacious 3rd floor. Could be converted into a large 4 unit. Property recently went through professional lead abatement in all living spaces. Also listed Commercially MLS #1660898
Investment highlights
- Fantastic cash flow with $114,600 gross income
- Operating expenses only $24,699
- Excellent Biddeford location near shopping
- Many modern updates including metal roof, replacement windows, furnace, flooring
- Nice corner lot with 5 parking spaces
- Expansion possibilities to spacious 3rd floor
- Could be converted into a large 4 unit
- Property recently went through professional lead abatement in all living spaces
Listing Contacts
Listed by Town & Shore Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$89,901.00
$7,491.75/mo
Valuation Metrics
0
DSCR
10.04%
Cap Rate
10.04%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
