$395,000
59 Washington Street
Biddeford
Listing Courtesy of
EXP Realty
59 Washington Street, Biddeford, ME 04005
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, stable tenants, 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.
Group showings start on Saturday, June 14th from 11am-1pm and Tuesday, June 17th from 11am-1pm. Individual showings available upon request with 24 hour notice.
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.
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.
Group showings start on Saturday, June 14th from 11am-1pm and Tuesday, June 17th from 11am-1pm. Individual showings available upon request with 24 hour notice.
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.
Listing Courtesy of
EXP Realty
DETAILS
- Listing Id1626391
- StatusActive
- TypeMulti-Family
- SeasonalNo
- Map / Lot38 / 356-1
- Book / Page17992 / 865
- Sq Ft Finished Above Grade896
- Sq Ft Finished Total896
- Total Baths2 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemDirect Vent Heater
- CoolingNone
- ElectricCircuit Breakers
- BasementCrawl Space, Dirt Floor, Doghouse, Sump Pump
- RoofFlat
- FloorsLaminate
- GarageNo
- Lot FeaturesIntown, Level, Near Shopping, Sidewalks
- Parking FeaturesNo Driveway, No Parking
- Interior FeaturesBathtub
- Laundry FeaturesWasher Hookup
- StyleOther
- Water ViewNo
- Checked For UpdatesMonday, June 30, 2025 at 7:34 PM
- IDX Listing UpdatedFriday, June 20, 2025 at 6:02 PM
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