34 Birch Street
Biddeford, ME 04005
Baths
7
Square Ft.
4,960
$1,200,000
Welcome to this exceptional 7-unit multi-family property located in the heart of thriving Biddeford. Boasting a strong rental history and recent updates, this is a true turnkey investment opportunity. Five of the seven units have been thoughtfully renovated within the past year, featuring modern finishes, updated kitchens and baths,… Read More and efficient systems that enhance tenant appeal and reduce maintenance costs. Each unit offers a unique layout, providing charm and functionality that today's renters appreciate. This fully leased property benefits from steady cash flow and minimal vacancy, making it ideal for both seasoned investors and those looking to expand their portfolio in one of southern Maine's most dynamic markets. Tenants enjoy convenient access to downtown amenities, shopping, dining, and public transportation, as well as proximity to the University of New England and local beaches. Whether you're looking for immediate income or long-term appreciation, this Biddeford gem checks all the boxes. Don't miss your chance to own a high-performing asset in one of Maine's fastest-growing communities. Read Less
Courtesy of Maine Real Estate Co 800-971-8860
Listing Snapshot
Days Online
53
Last Updated
Full Baths
7
Square Ft.
4,960
Lot Size
0.5 Acres
Year Built
1850
MLS Number
1626097
30 Days Snapshot Of 04005
$694k
-2%
(avg) sold price
17
-32%
homes sold
27
+92%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Walk-Out Access", "Dirt Floor", "Exterior Only", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 4,960, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 7, Year Built: 1850
Cooling
Cooling: "None"
Expenses
Operating Expense: $40,356
Floors
Flooring: "Wood", "Vinyl", "Carpet"
Garage
Garage Included, 3 garage spaces
Heating
Heating: "Baseboard", Heating Included
Income
Gross Income: $129,180
Lot
Features: "Well Landscaped", "Open", "Sidewalks", "Intown", "Near Shopping", "Near Turnpike/Interstate", 0.5 acres, Area: 0.5, 21,780 square feet
Parking
Features: "5 - 10 Spaces", "Paved"
Property
Other Structures: "Barn(s)", Parcel Number: BIDD-000038-000000-000473, Zoning: MSRD2
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $10,224, Tax Lot: 473
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Listing Information © Maine Real Estate Information System, Inc. All Rights Reserved.
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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