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  • $520,000

    70 Mason Street, Biddeford, ME 04005

    7beds
    2,965sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $519,900 Zestimate®
    $175/sqft
    $1,841 Estimated rent

    Home value

    $519,900

    $484,000 - $556,000

    $1,841/mo

    Zestimate® history
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    What's special

    Three fully occupied unitsUpgraded electrical systemsPeaceful dead-end locationQuiet dead-end street
    **MOTIVATED SELLER** 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty Karyn.macgrath@kw.com

    Bought with:

    EXP Realty

    Source: Maine Listings,MLS#: 1653105MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 3
    Heating
    • Baseboard, Hot Water, Zoned
    Cooling
    • None
    Features
    • Bathtub, Storage
    • Flooring: Carpet, Laminate, Vinyl, Wood
    • Basement: Interior Entry,Walk-Out Access,Daylight,Full,Unfinished
    • Has fireplace: No
    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
    Details
    • Parcel number: BIDDM33L27
    • Zoning: R1B
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial,New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Poured Concrete, 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
    6/16/2026Pending sale$545,000+4.8%$184/sqft
    Source: Maine Listings #1653105 Report a problem
    6/15/2026Sold$520,000-4.6%$175/sqft
    Source: Maine Listings #1653105 Report a problem
    5/26/2026Contingent$545,000$184/sqft
    Source: Maine Listings #1653105 Report a problem
    5/6/2026Listed for sale$545,000-4.4%$184/sqft
    Source: Maine Listings #1653105 Report a problem
    4/6/2026Contingent$569,900$192/sqft
    Source: Maine Listings #1653105 Report a problem
    3/24/2026Listed for sale$569,900-1.7%$192/sqft
    Source: Maine Listings #1653105 Report a problem
    3/16/2026Contingent$579,900$196/sqft
    Source: Maine Listings #1653105 Report a problem
    3/3/2026Listed for sale$579,900+13.2%$196/sqft
    Source: Maine Listings #1653105 Report a problem
    10/12/2023Sold$512,500+2.7%$173/sqft
    Source: Maine Listings #1564565 Report a problem
    8/3/2023Pending sale$499,000$168/sqft
    Source: Maine Listings #1564565 Report a problem
    7/7/2023Listed for sale$499,000+78.2%$168/sqft
    Source: Maine Listings #1564565 Report a problem
    9/16/2021Sold$280,000-6.6%$94/sqft
    Source: Maine Listings #1508733 Report a problem
    9/13/2021Pending sale$299,900$101/sqft
    Source: Maine Listings #1508733 Report a problem
    6/10/2021Listing removed--
    Source: Maine Listings Report a problem
    5/7/2021Price change$299,900-4.5%$101/sqft
    Source: Maine Listings #1478004 Report a problem
    3/24/2021Price change$314,000-7.4%$106/sqft
    Source: Maine Listings #1478004 Report a problem
    12/10/2020Listed for sale$339,000$114/sqft
    Source: Keller Williams Realty #1478004 Report a problem

    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%
    2021$3,806 +10.7%$208,800 +21.7%
    2020$3,439 +0.4%$171,500
    2019$3,427 +1.4%$171,500
    2018$3,379 +6.8%$171,500 +8.8%
    2017$3,163 +1.1%$157,600
    2016$3,130 +2%$157,600
    2015$3,068 +2.5%$157,600
    2014$2,993 -13.9%$157,600 -20.6%
    2013$3,478 +19.3%$198,400
    2010$2,916 +26.7%$198,400 +64.2%
    2006$2,301 $120,800

    Find assessor info on the county website

    Neighborhood: 04005

    Nearby schools

    GreatSchools rating
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