70 Mason ST Biddeford, ME 04005
4 Baths
2,965 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,965 sqft
Price per Sqft $183
MLS Listing ID 1653105
Style Townhouse
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1890
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Source Maine Listings
Land Area 2965
Property Description
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.
Location
State ME
County York
Zoning R1B
Direction From Main Street, turn left onto Bradbury Street, then right onto Mason Street.
Rooms
Basement Interior Entry, Walk-Out Access, Daylight, Full, Unfinished
Interior
Interior Features Bathtub, Storage
Heating Oil, Baseboard, Hot Water, Zoned
Cooling None
Flooring Carpet, Laminate, Vinyl, Wood
Equipment Internet Access Available
Fireplace No
Laundry Main Level, Upper Level, Washer Hookup
Exterior
Parking Features No Driveway, Paved, On Street
Utilities Available Utilities On
Waterfront Description Nearby
Roof Type Shingle
Garage No
Exclusions Tenants own their washers/dryers.
Building
Lot Description Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Rolling Slope, Sidewalks, Near Public Transit
Story 3
Entry Level Multi-Level
Foundation Poured Concrete, Slab, Brick/Mortar
Water Public
Architectural Style Colonial, New Englander
Level or Stories 3
Others
Tax ID BIDD-000033-000000-000027
