70 Mason St Biddeford, ME 04005
Estimated payment $3,517/month
Highlights
- Colonial Architecture
- No HOA
- Baseboard Heating
- Wood Flooring
About This Home
Located in the heart of Biddeford, this well-maintained multi-family property offers a fantastic investment opportunity with strong, steady rental income. Situated on a quiet dead-end street, the property provides privacy and minimal traffic while still being conveniently close to local amenities, shopping, and downtown. The building features three fully occupied units, making it an ideal turnkey investment. The unit mix includes one 1-bedroom apartment, one 2-bedroom apartment, and one spacious 4-bedroom apartment--appealing to a variety of tenant needs and maximizing rental potential. Each unit is currently leased, offering immediate cash flow for the next owner. Adding even more value, the property presents the potential to create a fourth unit in the basement (subject to town approvals), providing an opportunity to further increase income and overall return on investment. Outside, tenants enjoy a private backyard--perfect for relaxing or entertaining--along with the added benefit of a peaceful dead-end location. Major mechanical updates have already been completed, including a new furnace and oil tank installed in 2021, as well as upgraded electrical systems, offering peace of mind and reduced near-term capital expenses. Whether you're expanding your portfolio or entering the multi-family market, this property in Biddeford delivers location, stability, and upside potential all in one compelling package.
Listing Agent
Keller Williams Realty Brokerage Email: Karyn.macgrath@kw.com Listed on: 03/03/2026
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,607
Year Built
- Built in 1890
Lot Details
- 3,920 Sq Ft Lot
Home Design
- Colonial Architecture
- New Englander Architecture
- Shingle Roof
Interior Spaces
- 2,965 Sq Ft Home
- 3-Story Property
- Interior Basement Entry
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Exclusions: Tenants own their washers/dryers.
- Tax Lot 27
- Assessor Parcel Number BIDD-000033-000000-000027
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $1
- Gross Income $67,200
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 |
|---|---|---|---|---|
| 2025 | $5,607 | $375,300 | $125,200 | $250,100 |
| 2024 | $5,269 | $370,500 | $125,200 | $245,300 |
| 2023 | $4,816 | $367,100 | $125,200 | $241,900 |
| 2022 | $3,970 | $241,900 | $63,900 | $178,000 |
| 2021 | $3,806 | $208,800 | $53,300 | $155,500 |
| 2020 | $3,439 | $171,500 | $45,300 | $126,200 |
| 2019 | $3,427 | $171,500 | $45,300 | $126,200 |
| 2018 | $3,736 | $171,500 | $45,300 | $126,200 |
| 2017 | $3,927 | $157,600 | $45,300 | $112,300 |
| 2016 | $3,130 | $157,600 | $45,300 | $112,300 |
| 2015 | $3,068 | $157,600 | $45,300 | $112,300 |
| 2014 | $2,993 | $157,600 | $45,300 | $112,300 |
| 2013 | -- | $198,400 | $61,200 | $137,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/03/2026 03/03/26 | For Sale | $579,900 | 0.0% | $196 / Sq Ft | |
| 10/08/2024 10/08/24 | Off Market | $2,700 | -- | -- | |
| 10/01/2024 10/01/24 | For Rent | $2,700 | 0.0% | -- | |
| 10/12/2023 10/12/23 | Sold | $512,500 | +2.7% | $173 / Sq Ft | View Prior Sale |
| 08/02/2023 08/02/23 | Pending | -- | -- | -- | |
| 07/07/2023 07/07/23 | For Sale | $499,000 | +78.2% | $168 / Sq Ft | |
| 09/16/2021 09/16/21 | Sold | $280,000 | -6.6% | $111 / Sq Ft | View Prior Sale |
| 09/13/2021 09/13/21 | Pending | -- | -- | -- | |
| 09/13/2021 09/13/21 | For Sale | $299,900 | -- | $119 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $512,500 | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $546,855 | FHA | |
| Previous Owner | $245,000 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1653105
APN: BIDD-000033-000000-000027
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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