Biddeford, ME 04005,59 Washington ST
Biddeford, ME 04005,59 Washington ST
Biddeford, ME 04005,59 Washington ST
29
Listed by EXP Realty
Bought with OceanView Properties
$355,000
$375,000
5.3%
Est.Price: ?

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2 BA
896 SqFt

59 Washington ST Biddeford, ME 04005

SOLD DATE : 09/03/2025

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Key Details

Sold Price $355,000

Property Type Multi-Family

Listing Status Sold

Square Footage 896 sqft

MLS Listing ID 1626391

Sold Date 09/03/25

Style Other

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 896

Year Built 1920

Annual Tax Amount $2,192

Tax Year 2025

Lot Size 871 Sqft

Acres 0.02

Source Maine Listings

Land Area 896

Property Description

Investor-ready and ideally located, 59 Washington Street is a well-maintained two-unit multifamily property offering excellent income potential in one of Southern Maine's fastest-growing cities. Situated in a highly desirable neighborhood just off of Main Street, this property boasts strong long-term rental history, and low operating expenses—making it an ideal addition to any investment portfolio or a perfect owner-occupied opportunity.
Each unit features efficient layouts, updated systems, and separate utilities for tenant convenience and landlord efficiency. With minimal overhead and consistent cash flow, this property delivers impressive returns for such a compact property. Off-street parking, a walkable location, and proximity to downtown shops, restaurants, breweries, and the Saco River enhance tenant appeal and long-term value.

Biddeford continues to attract attention for its revitalized mill district and thriving local economy—making this a smart buy in a market with strong upward momentum.

A prior owner had plans approved in 2006 with the city to add a third story. A copy is available.


Seller is a Maine real estate licensee.

This property is zoned MSRD-1 and has commercial applications as well. Check with the city for potential uses.

Location

State ME

County York

Zoning MSRD1

Rooms

Basement Dirt Floor, Crawl Space, Sump Pump, Doghouse

Interior

Interior Features Bathtub

Heating Direct Vent Heater

Cooling None

Flooring Laminate

Laundry Washer Hookup

Exterior

Parking Features No Parking, No Driveway

Fence Fenced

Utilities Available 1

View Y/N No

Roof Type Flat

Street Surface Paved

Garage No

Building

Lot Description Level, Sidewalks, Intown, Near Shopping

Foundation Granite, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Gas Natural

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Maine MLS (MREIS) IDX

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Chris Davis

Chris Davis

Agent | me.BA924046

+1(207) 756-2442

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