Welcome to an exceptional investment opportunity in the heart of Southern Maine! Located on a large lot with potential development opportunity, this beautiful 3-unit property in Biddeford offers strong cash flow and long-term upside.
Whether you're looking to live in one unit while your tenants help cover the mortgage or seeking a high-performing asset with substantial rental income, this property delivers. It features a spacious 4-bedroom, 2-bath townhouse-style unit—ideal for an owner-occupant—along with two bright and modern 1-bedroom, 1-bath units. With current rents at market value and opportunity for growth.
Located just minutes from UNE, Biddeford Pool, sandy beaches, popular restaurants, grocery stores, and convenient highway access, this home offers the perfect blend of comfort, convenience, and investment potential. You may even catch a refreshing ocean breeze right from your front door!
Don't miss the chance to tour this rare find! Come explore all the charm, income, and opportunity this property has to offer!
Active
$699,000
138 Summer Street, Biddeford, ME 04005
6beds
2,362sqft
Est.:
Multi Family
Built in 1880
-- sqft lot
$682,200 Zestimate®
$296/sqft
$-- HOA
What's special
- 80 days
- on Zillow |
- 528 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: 17 hours ago
Listed by:
Maine Real Estate Co
Source: Maine Listings,MLS#: 1623244

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Zoned, Hot Water, Direct Vent Heater, Baseboard
Cooling
- None
Features
- Flooring: Wood, Vinyl, Tile
- Basement: Interior,Dirt Floor,Crawl Space,Sump Pump
Interior area
- Total structure area: 2,362
- Total interior livable area: 2,362 sqft
- Finished area above ground: 2,362
- Finished area below ground: 0
Property
Parking
- Parking features: 5 - 10 Spaces, Paved
Lot
- Size: 0.43 Acres
- Features: Rolling/Sloping, Open Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Details
- Parcel number: BIDDM35L25
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Biddeford
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $412,800
- Annual tax amount: $5,964
- Date on market: 5/21/2025
- Road surface type: Paved
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