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.
Closed
$718,160
74 South Street, Biddeford, ME 04005
9beds
3,851sqft
Multi Family
Built in 1940
-- sqft lot
$720,600 Zestimate®
$186/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 03, 2025 at 10:33am
Listed by:
Keller Williams Realty
Bought with:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1624395

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Hot Water
Cooling
- None
Features
- Flooring: Vinyl
- Basement: Full,Bulkhead,Unfinished
Interior area
- Total structure area: 3,851
- Total interior livable area: 3,851 sqft
- Finished area above ground: 3,851
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Paved
Lot
- Size: 3,920 sqft
- Features: Level, Sidewalks, City Lot, Near Town
Details
- Parcel number: 74SouthSTBiddefor38177
- Zoning: MSRD2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Clapboard, Wood Frame
- Roof: Shingle
Condition
- Year built: 1940
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