336-338 Alfred Rd Biddeford, ME 04005
Estimated payment $2,776/month
Highlights
- Corner Lot
- Porch
- Shed
- No HOA
- Bathtub
- Baseboard Heating
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,391
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
- Fenced
- Corner Lot
- Level Lot
- Open Lot
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,808 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Storm Doors
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Unfinished Basement
- Interior Basement Entry
- Dirt Floor
Parking
- Gravel Driveway
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Shed
- Porch
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
Listing and Financial Details
- Tax Lot 8000
- Assessor Parcel Number BIDD-000028-000000-000018
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $5,192
- Gross Income $48,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,391 | $238,500 | $125,200 | $113,300 |
| 2023 | $3,107 | $236,800 | $125,200 | $111,600 |
| 2022 | $2,424 | $147,700 | $63,900 | $83,800 |
| 2021 | $2,295 | $125,900 | $53,300 | $72,600 |
| 2020 | $2,137 | $106,600 | $45,300 | $61,300 |
| 2019 | $2,130 | $106,600 | $45,300 | $61,300 |
| 2018 | $2,148 | $106,600 | $45,300 | $61,300 |
| 2017 | $2,324 | $104,000 | $45,300 | $58,700 |
| 2016 | $2,065 | $104,000 | $45,300 | $58,700 |
| 2015 | $2,025 | $104,000 | $45,300 | $58,700 |
| 2014 | $1,975 | $104,000 | $45,300 | $58,700 |
| 2013 | -- | $140,100 | $61,200 | $78,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | For Sale | $450,000 | -- | $249 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $315,000 | None Available | |
| Warranty Deed | $315,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $385,000 | Purchase Money Mortgage | |
| Closed | $385,000 | Purchase Money Mortgage | |
| Previous Owner | $0 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $37,000 | Unknown |
Source: Maine Listings
MLS Number: 1630872
APN: BIDD-000028-000000-000018
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