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
$711,500 Zestimate®
$186/sqft
$1,929 Estimated rent
Home value
$711,500
$640,000 - $790,000
$1,929/mo
Zestimate® history
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$1,929/mo
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$1,929/mo
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$4,388/mo
Est. payment
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$4,388/mo
Est. payment
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Renovated with modern finishes
Zillow last checked:
Listing updated:
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: Bulkhead
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
Lot
- Size: 3,920 sqft
Details
- Parcel number: 74SouthSTBiddefor38177
- Zoning: MSRD2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- 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
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2025 | Sold | $718,160-7.3%$186/sqft |
Source:  Maine Listings #1624395 Report a problem | ||
| 6/9/2025 | Pending sale | $775,000-65.9%$201/sqft |
Source: Maine Listings #1624395 Report a problem | ||
| 5/29/2025 | Price change | $2,275,000+193.5%$591/sqft |
Source: Maine Listings #1624421 Report a problem | ||
| 5/29/2025 | Listed for sale | $775,000+279.3%$201/sqft |
Source: Maine Listings #1624395 Report a problem | ||
| 10/2/2018 | Sold | $204,330$53/sqft |
Source: Maine Listings #1363786 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 04005
Nearby schools
GreatSchools rating
- NAJohn F Kennedy Memorial SchoolGrades: PK-KDistance: 1 mi
- 5/10Biddeford High SchoolGrades: 8-12Distance: 0.6 mi
- NABiddeford Primary SchoolGrades: K-2Distance: 1.3 mi
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$711,500
2% more
+$14,230
With Zillow Showcase(estimated)
$725,730
- Maine
- York County
- Biddeford
- 04005
- 74 South Street
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