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74 South Street

Biddeford, ME 04005
Baths
5
Square Ft.
3,851
Pending
Multifamily
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$775,000
5-unit investment property in Biddeford featuring four 2-bedroom units and one studio. Recent capital improvements include updated electrical service and individual heat pump hot water heaters for each unit. Three units have been renovated with modern finishes, a fourth will be completed prior to closing, and one unit remains with a long term tenant. A natural gas heating system was installed in 2021. Solid rental upside with key systems already upgraded. Ideal for investors seeking a stabilized asset with room for value-add.
Market LogoCourtesy of Keller Williams Realty 207-879-9800
Listing Snapshot
Days Online
18
Last Updated
Full Baths
5
Square Ft.
3,851
Lot Size
0.09 Acres
Year Built
1940
MLS Number
1624395
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Full", "Bulkhead", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 3,851, Construction Materials: "Clapboard", "Wood Frame", Number Of Units Total: 5, Year Built: 1940
Cooling
Cooling: "None"
Expenses
Operating Expense: $26,622
Floors
Flooring: "Vinyl"
Heating
Heating: "Hot Water", Heating Included
Income
Gross Income: $89,400
Lot
Features: "Level", "Sidewalks", "Intown", "Near Town", 0.09 acres, Area: 0.09, 3,920 square feet
Parking
Features: "1 - 4 Spaces", "Paved"
Property
Parcel Number: BIDD-000038-000000-000177, Zoning: MSRD2
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,934, Tax Lot: 177
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
$0
30 Days Snapshot Of 04005
$637k
+7%
(avg) sold price
29
+11%
homes sold
17
+30%
(avg) days on market
Snapshot
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Fred Andrews
Designated Broker | CEO
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Schools In The Area

Source: Home Junction
Check out nearby schools with ratings and contact info.
Biddeford Primary School 207-282-8285 Public 1-3
Biddeford Middle School 207-282-6400 Public 6-8
Biddeford High School 207-282-1596 Public 9-12
Biddeford Primary School 207-282-8285 Public 1-3
Biddeford Intermediate School 207-282-5957 Public 4-5
Biddeford Middle School 207-282-6400 Public 6-8
Biddeford High School 207-282-1596 Public 9-12

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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.