MLS® ID: 1373015
253-255 West Street
Biddeford, Maine, 04005 $719,900
What an amazing investment opportunity! There is a total of 3 parcels that will be sold as a package. 253 West is a single family cape cod with 2 garages, 255 West is a ranch home with 3 garages that also includes a 240' X 42" storage facility with 45 units utilizing 10,080 sq. ft. with an unfinished 2nd floor that offers potential for additional storage units. The 3rd parcel is a 2.5 acre lot that could potentially offer additional opportunities to build more storage units. The cape currently is rented with a tenant at will for $900 plus utilities, the ranch could easily be rented for $1600 per month and the 45 unit storage facility currently grosses $29,250 and is below current market rents.