336-338 Alfred St Biddeford, ME 04005

Why choose between income, lifestyle, or business potential when you can have all three? Perfectly positioned in Biddeford's sought after Five Points neighborhood, this fully renovated two unit property features rare B2 zoning, allowing for residential, commercial, or mixed use. Whether you want to live in one unit and rent the other, lease both, or explore a variety of business opportunities, this property delivers flexibility and long term value in one of Maine's fastest growing markets. This duplex style building has been extensively updated with a new roof, front porch, siding, fresh paint, flooring, new appliances, granite countertops and cabinets in one of the kitchens, updated bathrooms, plumbing and electrical upgrades, and a new 200 amp electrical service. Both units feature three bedrooms, and one full bathroom perfect for additional living space or a home office. Projected rents are $2,000 per month per unit, offering potential annual income of $48,000. Each unit has separate utilities, allowing tenants to pay their own heat and electricity and maximizing your bottom line. With both units vacant and move in ready, this is an ideal opportunity for immediate occupancy or investment returns. Off street parking is available for each unit on opposite sides of the property and a rare downtown backyard space for outdoor enjoyment. What sets this property apart is its B2 zoning. In addition to being a strong residential investment, this lot opens the door to a variety of commercial uses in one of Biddeford's fastest growing areas. 336-338 Alfred Street is turnkey, income producing, and full of potential in one of Southern Maine's most dynamic markets.