59 Washington Street, Biddeford, ME 04005
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group



59 Washington Street,Biddeford, ME 04005
$375,000
- - Beds
- 2 Baths
- 896 sq. ft.
- Multi-family
- Pending
Listed by:christopher st.pierre
Office:exp realty
MLS#:1626391
Source:ME_MREIS
Price summary
- Price:$375,000
- Price per sq. ft.:$418.53
About this home
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.
Contact an agent
Home facts
- Year built:1920
- Listing Id #:1626391
- Updated:August 13, 2025 at 09:48 PM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Living area:896 sq. ft.
Heating and cooling
- Heating:Direct Vent Heater
Structure and exterior
- Year built:1920
- Building area:896 sq. ft.
- Lot area:0.02 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$418.53
- Tax amount:$2,192 (2025)
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