$899,000
$98K PRICE DROP

Estimated payment $5,158/month

Total Views 8,671
-- Bed
5 Baths
6,360 Sq Ft
$141 Price per Sq Ft

Highlights

  • Nearby Water Access
  • Public Beach
  • Contemporary Architecture
  • Barn
  • Deck
  • Property is near public transit

About This Home

Fantastic investment opportunity just steps from downtown Biddeford! This 3-story, 6-unit building features a mix of 1-3 bedroom units, including an unfinished 2-bedroom unit on the third floor—ready to be built out for added income. Highlights include off-street parking for 8-10 cars, an attached garage, and unbeatable proximity to local favorites like Run of the Mill, The Lincoln Hotel, and Batson River. Just 10 minutes to area beaches in Saco, Ocean Park, and OOB. A must-see for investors looking to grow their portfolio in one of Maine's hottest rental markets!

Listing Agent

Noelle Conlon

Conlon Realty Listed on: 07/20/2025

Co-Listing Agent

Deana Burke

Conlon Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,314

Year Built

  • Built in 1770

Lot Details

  • 7,841 Sq Ft Lot
  • Public Beach
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Direct Access Garage
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Stone Foundation
  • Wood Frame Construction
  • Composition Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry
  • Attic

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 5 Full Bathrooms
  • Bathtub

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Barn

Listing and Financial Details

  • Tax Lot 431
  • Assessor Parcel Number BIDD-000038-000000-000431

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $27,814
  • Gross Income $119,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,314

Year Built

Built in 1770

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Co List Office Phone: 207-423-3924
  • MLS Status: Active
  • Directions: Take Alfred Street (SR‑111) and continue about 1 mile into downtown. The property will be on your left, just past the Elm St. intersection. Located next to Pizza by Alex.
  • Above Grade Finished Sq Ft: 4800.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Structure Type: Post & Beam
  • Year Built: 1770
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 187.29
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4800.0
  • Property Information:SqFt Finished Below Grade: 1560.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 6
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 119100.0
  • Income Expenses Operating Expenses: 27814.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Accessibilitiy Amenities:Level Entry: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Showingtime 24 hour notice, 4/6 units rented with tenants. Reach out to listing agents to schedule showing.
  • Other Structures:Barn(s): Yes
  • Levels:Multi-Level3: Yes
  • Structure Type Post Beam2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Accessibility Features: Level Entry
  • Has Basement: Interior, Unfinished
  • Full Bathrooms: 5
  • Below Grade Sq Ft: 1560.0
  • Flooring: Tile
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Storage
  • Stories: 3

Exterior Features

  • Lot Features: Open, Corner Lot, Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Granite
  • Other Structures: Barn(s)
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, 5 - 10 Spaces, Paved, On Site, Inside Entrance, Off Street
  • Parking Assigned: Yes

Utilities

  • Cooling: Window Unit(s), None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: BIDD-000038-000000-000431
  • Zoning: MSRD1

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 119100.0
  • Annual Operating Expense: 27814.0

Tax Info

  • Tax Annual Amount: 5314.0
  • Tax Lot: 431
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,314 $373,700 $163,700 $210,000
2023 $4,903 $373,700 $163,700 $210,000
2022 $5,645 $344,000 $126,000 $218,000
2021 $5,670 $311,000 $126,000 $185,000
2020 $6,534 $325,900 $126,000 $199,900
2019 $6,511 $325,900 $126,000 $199,900
2018 $6,420 $325,900 $126,000 $199,900
2017 $6,521 $324,900 $126,000 $198,900
2016 $4,957 $249,600 $50,400 $199,200
2015 $4,860 $249,600 $50,400 $199,200
2014 $4,740 $249,600 $50,400 $199,200
2013 -- $243,500 $57,300 $186,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Price Changed $899,000 -6.3% $141 / Sq Ft
09/04/2025 09/04/25 Price Changed $959,000 -1.3% $151 / Sq Ft
08/19/2025 08/19/25 Price Changed $972,000 -2.5% $153 / Sq Ft
07/20/2025 07/20/25 For Sale $996,500 -- $157 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed $216,000 --
Quit Claim Deed $216,000 --
Quit Claim Deed $216,000 --
Quit Claim Deed $216,000 --
Foreclosure Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $375,000 New Conventional
Previous Owner $216,000 New Conventional
Previous Owner $64,800 Commercial
Source: Public Records

Source: Maine Listings

MLS Number: 1631129

Maine Listings

APN: BIDD-000038-000000-000431