This multifamily property presents an excellent investment opportunity with two units. The first-floor unit features three bedrooms and one bathroom, ideal for either owner occupancy or as an investment opportunity. Upstairs, the second unit offers two bedrooms and one bathroom, suited for individuals or small families. Both units share access to an expansive .25-acre yard, perfect for leisure and outdoor activities.
Additional highlights include a generous driveway with ample parking and a sought-after location opposite Memorial Park, providing easy access to green spaces for outdoor enjoyment. Located conveniently close to shopping areas, this property merges comfort with practicality, making it an attractive option for renters or an owner-occupant interested in generating additional income. Act fast to secure this desirable multifamily property!
Closed
$497,000
99 May Street, Biddeford, ME 04005
5beds
1,667sqft
Multi Family
Built in 1890
-- sqft lot
$520,200 Zestimate®
$298/sqft
$2,495 Estimated rent
Home value
$520,200
$463,000 - $583,000
$2,495/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 17, 2025 at 07:08pm
Listed by:
Portside Real Estate Group
Bought with:
Realty ONE Group - Compass
Source: Maine Listings,MLS#: 1589849
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- 1st Floor Bedroom, One-Floor Living, Shower
- Flooring: Tile, Vinyl
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 1,667
- Total interior livable area: 1,667 sqft
- Finished area above ground: 1,667
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces, Off Street
Features
- Levels: Multi/Split
Lot
- Size: 0.25 Acres
- Features: Near Shopping, Near Turnpike/Interstate, Near Town, Level, Open Lot, Sidewalks
Details
- Parcel number: BIDDM27L98
- Zoning: R1B
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Composition
- 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
| Date | Event | Price |
|---|---|---|
| 7/23/2024 | Sold | $497,000+13%$298/sqft |
Source:  Maine Listings #1589849 | ||
| 5/19/2024 | Pending sale | $439,900$264/sqft |
Source: Maine Listings #1589849 | ||
| 5/16/2024 | Listed for sale | $439,900+17.3%$264/sqft |
Source: Maine Listings #1589849 | ||
| 8/19/2021 | Sold | $375,000+7.1%$225/sqft |
Source: Maine Listings #1492673 | ||
| 7/6/2021 | Pending sale | $350,000$210/sqft |
Source: Maine Listings #1492673 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,937 +10.2% | $347,200 +1.7% |
| 2023 | $4,480 +19% | $341,500 +48.8% |
| 2022 | $3,766 +39.3% | $229,500 +54.8% |
Find assessor info on the county website
Neighborhood: 04005
Nearby schools
GreatSchools rating
- NAJohn F Kennedy Memorial SchoolGrades: PK-KDistance: 0.7 mi
- 3/10Biddeford Middle SchoolGrades: 5-8Distance: 1 mi
- 5/10Biddeford High SchoolGrades: 9-12Distance: 0.6 mi
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