NEW! Buy and sell safely with virtual options - Learn More
About the Listing 3059 - 008182
Welcome to an ideal owner-occupied multifamily opportunity in the heart of Biddeford--one of Maine's most dynamic and rapidly evolving markets. This isn't an 'up-and-coming' location--it's already here. Vibrant, walkable, and full of energy, Biddeford offers an exceptional lifestyle with restaurants, brew pubs, coffee shops, and everyday conveniences just a short distance away. Set on a sun-filled corner lot, this well-sited two-family offers off-street parking, a great yard, and an elevated position that brings in abundant natural light. Upper floors enjoy expansive views that could be further enhanced over time. Both units feature spacious layouts, large sun-filled rooms, inviting porches, and charming original details. Most recently owner-occupied, rents are projected at $2,450 per unit, offering strong income potential. Tenants pay electricity, with the owner covering heat via an efficient boiler. The first-floor unit offers 2-3 bedrooms, while the second floor features a 2-bedroom layout. The property has been fully vacated, allowing for immediate occupancy and flexibility for an owner-occupant or investor. The property works well as-is, while also offering tremendous upside potential for those with some energy and ambition. For additional value, the adjacent buildable lot is also available for $150,000. Conveniently located near the University of New England, Amtrak service to Boston and beyond, and all that the Biddeford-Saco area has to offer, this is a compelling opportunity. Whether you're looking to break into the multifamily market or expand your portfolio, this is a high-quality asset in a location that continues to see strong demand. Schedule your showing today and secure your place in one of Southern Maine's most desirable markets.
Listing Highlights
Status
Pending
Days on Site
15
Property Type
Multi-Family
MLS ®
1660686
Year Built
1920
Total Square Footage
2,166
Lot/Acreage
0.15
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Oil,Baseboard,Hot Water,Zoned
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 2166
- Below Ground Sq Ft: 0
- Basement: Doghouse,Full,Sump Pump,Unfinished,Walk-Out Access
- Other: Other Amenities,Walk-in Closets,1st Floor Bedroom,Bathtub,One-Floor Living,Pantry,Shower,Storage
- Water: Public
Exterior Details
- Lot Description: Near Country Club,Open,Corner Lot,Level,Sidewalks,Intown,Near Golf Course,Near Public Beach,Near Shopping,Neighborhood,Near Public Transit,Near Railroad,Public,Nearby
- Garage Capacity: N/A
- Zoning: MSRD-2
- Roof: Pitched,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,1 - 4 Spaces,On Site
Financial Details
- Tax Amount: $5,117
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
38-40 Middle St Biddeford, ME 04005
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
