For Sale

Listed by Adam Parent and Hayden Pomerleau

Source: Maine Real Estate Information System, Inc. #1682039

279 Hill Street, Biddeford, ME, 04005

$1,800,000

4
3578 sq. ft.
27442.8 sq. ft.

MultiFam

•

1 day on the market

What's around 279 Hill Street

About this property

Investment Opportunity: This can be up to 12 units OR more. With further approvals, this location opens up the opportunity for even bigger investment. 279 Hill Street is an existing 4-unit building with condominium approval already secured for the site, which also includes three additional 2-unit buildings — one of which is soon to be completed and features 2-bedroom/1-bath units. A possible 4th 2-unit building is pending approval, offering even further upside. The remaining approved 2-unit buildings are ready to be built, giving an investor or builder a clear path to expand the portfolio. Hold for rental income, sell units individually, or phase construction to fit your goals. Located in one of southern Maine's fastest-growing communities with strong rental demand and easy access to Route 1 and the Maine Turnpike. Approvals and site plans available — bring your vision and capitalize on a development already in motion.

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