Excellent investment opportunity located on the edge of Biddeford's thriving downtown. This cash flowing 4-unit property is just steps away from popular restaurants, breweries, and shops, ensuring a steady demand from tenants who want to be near the vibrant city life. Built in 1880, the 2,700 sq. ft. building spans three renovated floors, with a basement unit that can be upgraded to generate additional rental income.
Two driveways provide complete off-street parking for all tenants, while an oversized garage with designated storage spaces offers added monthly cash flow. This property is well-positioned to deliver consistent rental income and long-term value in a rapidly growing market.
Closed
$730,000
16 Clifford Street, Biddeford, ME 04005
9beds
2,700sqft
Multi Family
Built in 1880
-- sqft lot
$758,000 Zestimate®
$270/sqft
$2,141 Estimated rent
Home value
$758,000
$690,000 - $834,000
$2,141/mo
Zestimate® history
Owner options
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$2,141/mo
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$2,141/mo
Rent Zestimate®
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$4,460/mo
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$4,460/mo
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Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Realty 207-282-5988
Bought with:
Keller Williams Realty
Source: Maine Listings,MLS#: 1603392
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Carpet, Vinyl
- Basement: Interior Entry,Full,Partial
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
- Finished area above ground: 2,700
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Common, Paved, 5 - 10 Spaces, Detached
- Garage spaces: 4
Features
- Levels: Multi/Split
Lot
- Size: 6,534 sqft
- Features: City Lot, Near Town, Neighborhood, Near Railroad, Corner Lot
Details
- Parcel number: BIDDM41L93
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Membrane,Other
Condition
- Year built: 1880
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 |
|---|---|---|
| 11/27/2024 | Sold | $730,000+4.3%$270/sqft |
Source:  Maine Listings #1603392 Report a problem | ||
| 10/14/2024 | Pending sale | $699,900$259/sqft |
Source: Maine Listings #1603392 Report a problem | ||
| 9/26/2024 | Price change | $699,900-6.6%$259/sqft |
Source: Maine Listings #1603392 Report a problem | ||
| 9/11/2024 | Listed for sale | $749,000$277/sqft |
Source: Maine Listings #1603392 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,991 +8.4% | $421,300 |
| 2023 | $5,527 +17.3% | $421,300 +46.8% |
| 2022 | $4,710 +5.2% | $287,000 +16.9% |
| 2021 | $4,477 +6.4% | $245,600 +17% |
| 2020 | $4,208 +0.3% | $209,900 |
| 2019 | $4,194 +1.4% | $209,900 |
| 2018 | $4,135 +8.4% | $209,900 +10.5% |
| 2017 | $3,813 +1.1% | $190,000 |
| 2016 | $3,773 +2% | $190,000 |
| 2015 | $3,699 +2.5% | $190,000 |
| 2014 | $3,608 -1.6% | $190,000 -9.1% |
| 2013 | $3,666 +19.3% | $209,100 |
| 2010 | $3,074 +25.1% | $209,100 +62.1% |
| 2006 | $2,457 | $129,000 |
Find assessor info on the county website
Neighborhood: 04005
Nearby schools
GreatSchools rating
- NAJohn F Kennedy Memorial SchoolGrades: PK-KDistance: 1.2 mi
- 5/10Biddeford High SchoolGrades: 8-12Distance: 1.3 mi
- 3/10Biddeford Middle SchoolGrades: 5-7Distance: 1.5 mi
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$758,000
2% more
+$15,160
With Zillow Showcase(estimated)
$773,160
- Maine
- York County
- Biddeford
- 04005
- 16 Clifford Street
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