$475,000
Set within a quiet pocket near the Saco River, this multifamily opportunity includes two updated 3-bedroom residences. The building presents an excellent chance for investors seeking a value-driven investment in a sought-after location. Each residence features a private entrance and a 3-bedroom layout that feels comfortable rather than compressed. The… Read More first floor apartment was fully renovated in 2017 with a new kitchen, bath, and flooring, then refreshed again in December 2025 with updated kitchen flooring and interior paint. Upstairs, the living space has been opened to create a more natural flow between the living and dining areas, with refinished wood floors, new countertops, and new lower cabinetry. Stair carpeting is scheduled to be replaced March 3rd. Each unit includes its own dedicated driveway, and a small backyard with a storage shed, offering useful outdoor space. The setting is equally as compelling! Situated directly along the banks of the Saco River, this property offers a rare combination of serene waterfront living and urban convenience. Residents can enjoy a peaceful stroll along the river's edge or head just a half-mile down the street to immerse themselves in Biddeford's vibrant, revitalized downtown. The home is perfectly positioned for exploring the area's top amenities, located only a 3-minute drive or a pleasant 10-minute walk from the historic mill district, including the acclaimed Lincoln Hotel, local breweries, and the scenic Biddeford-Saco RiverWalk trail system. Open House scheduled for Thursday, February 26th from 12 - 1pm, no appointment necessary! Read Less
Courtesy of F.O. Bailey Real Estate 207-781-1111
Listing Snapshot
Days Online
9
Last Updated
Full Baths
2
Partial Baths
1
Square Ft.
1,654
Lot Size
0.05 Acres
Year Built
1900
MLS Number
1652414
30 Days Snapshot Of 04005
$627k
+19%
(avg) sold price
11
-15%
homes sold
19
-44%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Crawl Space", "Exterior Only", "Unfinished"
Building
Architectural Style: "Other", "Colonial", "New Englander", Building Area Total: 1,654, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1900, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $7,583
Exterior Features
Other Equipment: "Internet Access Available", "Cable", Patio And Porch Features: "Deck", "Porch", Patio And Porch Features: "Deck", "Porch"
Floors
Flooring: "Wood", "Tile", "Laminate", "Carpet"
Foundation
Foundation Details: "Stone", "Brick/Mortar"
Water Features
Water Body Name: Saco River
Heating
Heating: "Zoned", "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $56,400
Interior Features
Features: "1st Floor Bedroom", "Bathtub"
Laundry
Features: "Laundry - 1st Floor", "Upper Level", "Main Level"
Lot
Features: "Rolling/Sloping", "Open", "Sidewalks", "Intown", "Near Shopping", "Near Turnpike/Interstate", "Near Town", "Neighborhood", "Near Railroad", 0.05 acres, Area: 0.05, 2,178 square feet
Parking
Features: "1 - 4 Spaces", "Gravel", "Off Street"
Pets Policy
Pets Allowed: "No Restrictions"
Property
Other Structures: "Shed(s)", Parcel Number: BIDD-000037-000000-000019, Zoning: B1
Roof
Roof: "Composition", "Pitched", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $3,943, Tax Lot: 19
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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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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