156-160 Main St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated payment $9,898/month
Highlights
- The property is located in a historic district
- Wood Flooring
- No HOA
- Property is near public transit
- Corner Lot
- 1-minute walk to Shevenell Park
About This Home
The iconic Wedge building anchoring downtown Biddeford, Maine is a perfect property for the discerning investor. Biddeford continues to rank as one of the best places to invest in Northern New England. The City's upward momentum is characterized by the lowest median age in the State which is matched by its entrepreneurial zeal and rapid development in every sector of the economy. With powerful economic drivers like the University of New England, relative affordability and unparalleled scenic beauty, Biddeford continues to outshine even more mature markets. This 16K square foot two-story building contains 6 residential units and 4 ground floor commercial spaces.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,204
Year Built
- Built in 1890
Lot Details
- 8,276 Sq Ft Lot
- Corner Lot
- Level Lot
- Sprinkler System
Parking
- No Driveway
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
- Wood Frame Construction
- Membrane Roofing
- Stucco
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
Basement
- Walk-Out Basement
- Partial Basement
- Interior Basement Entry
Location
- Property is near public transit
- The property is located in a historic district
- City Lot
Utilities
- Cooling Available
- Radiator
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Heat Pump System
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 376
- Assessor Parcel Number 156MainStreetBiddeford04005
Community Details
Overview
- No Home Owners Association
- 10 Units
- Historic Subdivision
Pet Policy
- Pet Size Limit
Building Details
- Operating Expense $94,564
- Gross Income $179,606
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/03/2025 06/03/25 | Price Changed | $1,595,000 | -5.9% | $95 / Sq Ft |
04/29/2025 04/29/25 | Price Changed | $1,695,000 | -8.4% | $100 / Sq Ft |
03/18/2025 03/18/25 | For Sale | $1,850,000 | -- | $110 / Sq Ft |
Source: Maine Listings
MLS Number: 1616421

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