79 Hill Street, Biddeford, ME 04005

Biddeford
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
79 Hill Street,Biddeford, ME 04005
$925,000
  • - Beds
  • 5 Baths
  • 5,524 sq. ft.
  • Multi-family
  • Pending
Office: keller williams realty
MLS#:1673689
Source:ME_MREIS

Price summary

  • Price:$925,000
  • Price per sq. ft.:$167.45

About this home

Turnkey 5-Unit Investment with Strong Cash Flow in One of Southern Maine's Fastest-Growing Markets An outstanding opportunity to acquire a fully occupied 5-unit multifamily property in the heart of downtown Biddeford. Producing $8,995 per month ($107,940 annually) in gross rental income, this property offers investors immediate cash flow with a projected NOI of approximately $85,400, including an 8% professional management allowance, and an attractive 9.2% cap rate at the current asking price. Each apartment offers spacious two-bedroom layouts that continue to see strong rental demand in Biddeford's thriving housing market. Public water and sewer, low owner-paid utility expenses, and professionally analyzed operating numbers make this an ideal addition to any investment portfolio. Located just minutes from Main Street, residents enjoy easy access to restaurants, breweries, shopping, the Amtrak Downeaster, UNE, beaches, and the Biddeford RiverWalk. With continued redevelopment...

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Home facts

  • Year built:1900
  • Listing ID #:1673689
  • Updated:November 09, 2026 at 09:13 AM

Rooms and interior

  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Laminate, Tile, Vinyl, Wood
  • Bedroom Description:1st Floor Bedroom
  • Basement Description:Crawl Space, Exterior Entry, Full, Interior Entry, Unfinished, Walk-Out Access
  • Living area:5,524 sq. ft.

Heating and cooling

  • Heating:Gas Bottled, Heating, Radiator

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:5,524 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Corner Lot, Intown, Near Public Transit, Near Railroad, Near Shopping, Sidewalks
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Brick/Mortar
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$925,000
  • Price per sq. ft.:$167.45
  • Tax amount:$9,560 (2025)

Parking

  • Parking description:No Driveway, None
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

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