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  • $512,500

    70 Mason Street, Biddeford, ME 04005

    8beds
    2,965sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $633,100 Zestimate®
    $173/sqft
    $2,157 Estimated rent

    Home value

    $633,100

    $595,000 - $671,000

    $2,157/mo

    Zestimate® history
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    $2,534/mo

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    What's special

    3 UNIT RENTAL PROPERTY WITH POTENTIAL TO TO ADD 4TH UNIT - GREAT OWNER OCCUPY OPPORTUNITY! Welcome to this exceptional multi-unit building located on a quiet dead-end street in Biddeford, Maine. This well-maintained property offers an incredible owner-occupied rental opportunity with three separate apartments, each offering its own unique features plus the potential to turn the walkout basement into a 4th rental unit! - WELL MAINTAINED & RECENTLY UPDATED - This well-maintained multi unit has a total of 2,517 sf of finished space in the 3 apartments as well as a partially finished walkout basement with a built in bar that opens to a private backyard. Recent building updates include vinyl siding, new entry stairways, a new boiler & hot water heater, blown in cellulose insulation and more! The 4 bedroom unit has also been recently updated with vinyl flooring in the kitchen Recent updates include in the kitchen of the 4-bedroom apartment, such as new vinyl flooring, kitchen appliances, and the entire exterior of the building was just resided with vinyl siding, providing a great refresh to the exterior appearance. The property is professionally managed by a local company, ensuring excellent upkeep. - LOCATION - Situated on a quiet dead-end street in Biddeford, Maine, the location provides a serene and peaceful environment. Yet, it is just a short distance from downtown Biddeford, offering easy access to a variety of amenities including restaurants, breweries, coffee shops, and shopping. - DON'T MISS IT! -This property presents an outstanding investment opportunity with a spacious backyard, washer and dryer hookups in each apartment, and an attractive listing price. Don't miss your chance to own this well-maintained income-generating property. Schedule a showing today and explore the potential this investment holds.

    Zillow last checked: 8 hours ago

    Listing updated: January 14, 2025 at 07:05pm

    Listed by:

    Keller Williams Realty

    Bought with:

    Keller Williams Realty

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1564565MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Hot Water, Zoned
    Cooling
    • None
    Features
    • 1st Floor Bedroom, Bathtub, In-Law Floorplan, One-Floor Living, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
    • Flooring: Carpet, Laminate, Other, Vinyl
    • Basement: Interior Entry,Walk-Out Access,Daylight,Full,Unfinished
    Interior area
    • Total structure area: 2,965
    • Total interior livable area: 2,965 sqft
    • Finished area above ground: 2,965
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: No Driveway, Paved, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    • Stories: 3
    Lot
    • Size: 3,920 sqft
    • Features: City Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Rolling Slope, Sidewalks, Wooded
    Details
    • Parcel number: BIDDM33L27
    • Zoning: R1B
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Slab, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1890

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Biddeford

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/12/2023Sold$512,500+2.7%$173/sqft
    Source: Maine Listings #1564565
    8/3/2023Pending sale$499,000$168/sqft
    Source: Maine Listings #1564565
    7/7/2023Listed for sale$499,000+78.2%$168/sqft
    Source: Maine Listings #1564565
    9/16/2021Sold$280,000-6.6%$94/sqft
    Source: Maine Listings #1508733
    9/13/2021Pending sale$299,900$101/sqft
    Source: Maine Listings #1508733

    Public tax history

    YearProperty taxesTax assessment
    2024$5,269 +9.4%$370,500 +0.9%
    2023$4,816 +21.3%$367,100 +51.8%
    2022$3,970 +4.3%$241,900 +15.9%

    Find assessor info on the county website

    Neighborhood: 04005

    Nearby schools

    GreatSchools rating
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