138 Summer ST Active

Biddeford,ME 04005

$ 699000

- Bed

4 Baths

2362 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 2,362 sqft

Price per Sqft $295

MLS Listing ID 1623244

Style Cape Cod

Full Baths 4

Year Built 1880

Annual Tax Amount $5,964

Tax Year 2024

Lot Size 0.430 Acres

Property Description

Welcome to an exceptional investment opportunity in the heart of Southern Maine! Located on a large lot with potential development opportunity, this beautiful 3-unit property in Biddeford offers strong cash flow and long-term upside.

Whether you're looking to live in one unit while your tenants help cover the mortgage or seeking a high-performing asset with substantial rental income, this property delivers. It features a spacious 4-bedroom, 2-bath townhouse-style unit—ideal for an owner-occupant—along with two bright and modern 1-bedroom, 1-bath units. With current rents at market value and opportunity for growth.

Located just minutes from UNE, Biddeford Pool, sandy beaches, popular restaurants, grocery stores, and convenient highway access, this home offers the perfect blend of comfort, convenience, and investment potential. You may even catch a refreshing ocean breeze right from your front door!

Don't miss the chance to tour this rare find! Come explore all the charm, income, and opportunity this property has to offer!

Location

State ME

County York

Zoning R2

Interior

Heating Zoned,Hot Water,Direct Vent Heater,Baseboard

Cooling None

Flooring Wood,Vinyl,Tile

Exterior

Parking Features 5 - 10 Spaces,Paved

Utilities Available 1

View Y/N No

Roof Type Shingle

Building

Lot Description Rolling/Sloping,Open,Near Public Beach,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Near Public Transit,Near Railroad

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

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