Property is near golf course, public transit, railroad, and shops
No HOA
Property is near a beach
Corner Lot
Zoned Heating
About This Home
Turnkey solid 5 unit investment property 100% leased and many updates/upgrades throughout. Nothing to do but make money on this wonderful property located in heart of downtown Biddeford and in walking distance to renovated mill buildings and revitalized downtown area with its trendy restaurants and bars. Great income with upside potential - financials available upon return of signed NDA.
Property is near golf course, public transit, railroad, and shops
City Lot
Utilities
No Cooling
Zoned Heating
Baseboard Heating
Hot Water Heating System
Cable TV Available
Listing and Financial Details
Tax Lot 163
Community Details
Overview
No Home Owners Association
5 Units
Amenities
Coin Laundry
Recreation
Country Club
Building Details
Operating Expense $20,892
Gross Income $107,400
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,096
Year Built
Built in 1900
Lot Details
3,920 Sq Ft Lot
Listing Details
Prop. Type: Multi-Family
Lot Size Acres: 0.09
Road Surface Type: Paved
MLS Status: Active
Above Grade Finished Sq Ft: 4129.00
Architectural Style: Other
Garage Yn: No
Unit Levels: Multi-Level
Building Stories: 3
Year Built: 1900
Property Information:Seasonal: No
Water Info:Water View2: No
Property Information:Deed Restrictions: Unknown
Location:Location: Business District, Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
Special Features: VirtualTour
Property Sub Type: MultiFamily
Stories: 3
Interior Features
Furnished: Unfurnished
Other Equipment: Cable
Has Basement: Interior, Full, Bulkhead, Unfinished
Full Bathrooms: 5
Flooring: Vinyl, Carpet
Exterior Features
Lot Features: Open, Corner Lot, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Waterfront: No
Construction Type: Clapboard, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Composition, Fiberglass, Pitched
Garage/Parking
Attached Garage: No
Parking Features: Paved, On Street
Utilities
Laundry Features: Laundry - Coin
Cooling: None
Cooling Y N: No
Heating: Zoned, Hot Water, Baseboard
Heating Yn: Yes
Electric: Fuses, Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Water Source: Public
Condo/Co-op/Association
Association: No
Pets Allowed: Other Restrictions
Lot Info
Land Lease: No
Lot Size Sq Ft: 3920.40
Zoning: MSRD2
Multi Family
Number Of Units Total: 5
Annual Gross Income: 107400.00
Annual Operating Expense: 20892.00
Tax Info
Tax Annual Amount: 7096.00
Tax Lot: 163
Tax Year: 2024
Map
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax 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
2025
$7,566
$506,400
$119,300
$387,100
2024
$7,096
$499,000
$119,300
$379,700
2023
$6,547
$499,000
$119,300
$379,700
2022
$6,024
$367,100
$82,600
$284,500
2021
$5,670
$311,000
$67,600
$243,400
2020
$5,161
$257,400
$52,600
$204,800
2019
$5,143
$257,400
$52,600
$204,800
2018
$5,071
$257,400
$52,600
$204,800
2017
$4,496
$224,000
$52,600
$171,400
2016
$4,449
$224,000
$52,600
$171,400
2015
$4,361
$224,000
$52,600
$171,400
2014
$4,254
$224,000
$52,600
$171,400
2013
--
$246,400
$82,100
$164,300
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
03/28/202603/28/26
Price Changed
$909,900
-0.5%
$220 / Sq Ft
02/02/202602/02/26
Price Changed
$914,900
-0.5%
$222 / Sq Ft
10/11/202510/11/25
For Sale
$919,900
--
$223 / Sq Ft
Source: Maine Listings
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Quit Claim Deed
--
--
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Having started in California and being in the legal field for almost 20 years I decided to change routes and pursue real estate - starting first at one of Maine's largest commercial firms where I started as assistant to one of the agency's founders and top producers to becoming General Manager. After reaching the pinnacle in the corporate world I took another turn into residential brokerage and self-employment with a multi-million-dollar residential firm and started doing commercial and
Turnkey solid 5 unit investment property 100% leased with stable rental history and nothing to do but make money! Just minutes from revitalized downtown area and newly renovated mill building and all the hottest new restaurants and bars with many updates in last several years.
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