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Listed price in listed location currency (USD).
$579,900

040

MLS® 1653105

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 2965 sqft
Garage No
HOA Fees 
Taxes $5,607
Days Active 1
Approx. Age 1890
Avg. Price Per Sqft $195
MLS® Number 1653105

Property Address: 70 Mason Street, Biddeford, ME, 04005

Average square foot calculated using Size range provided by listing agent.

Description

Located in the heart of Biddeford, this well-maintained multi-family property offers a fantastic investment opportunity with strong, steady rental income. Situated on a quiet dead-end street, the property provides privacy and minimal traffic while still being conveniently close to local amenities, shopping, and downtown. The building features three fully occupied units, making it an ideal turnkey investment. The unit mix includes one 1-bedroom apartment, one 2-bedroom apartment, and one spacious 4-bedroom apartment--appealing to a variety of tenant needs and maximizing rental potential. Each unit is currently leased, offering immediate cash flow for the next owner. Adding even more value, the property presents the potential to create a fourth unit in the basement (subject to town approvals), providing an opportunity to further increase income and overall return on investment. Outside, tenants enjoy a private backyard--perfect for relaxing or entertaining--along with the added benefit of a peaceful dead-end location. Major mechanical updates have already been completed, including a new furnace and oil tank installed in 2021, as well as upgraded electrical systems, offering peace of mind and reduced near-term capital expenses. Whether you're expanding your portfolio or entering the multi-family market, this property in Biddeford delivers location, stability, and upside potential all in one compelling package.
MLS® Number1653105
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelLaundry - 1st Floor, Upper Level, Main Level, Washer Hookup
Exposure
Exterior
GarageNo
Approx. Age1890
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$579,900List Price
  • Commute

Commute

Starting Address
Destination Address
70 Mason Street, Biddeford, ME

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