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59 Washington Street, 
Biddeford, ME 04005

$420,000


Bed


2

Baths


896

Sq Ft


Multi-Family

Active

Listed by

Christopher St.Pierre

eXp Realty

Last updated:

June 18, 2025, 03:02 PM

MLS#

1626391

Source:

ME MREIS

About This Home

59 Washington Street

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.

Home Facts

Multi-Family

2 Baths

Built in 1920

Price Summary

420,000

$468 per Sq. Ft.

MLS #:

1626391

Last Updated:

June 18, 2025, 03:02 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

896 Sq. Ft.


Structure

Structure

Building Area:

896 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

871


Finances & Disclosures

Finances

Price:

$420,000

Price per Sq. Ft:

$468 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing 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. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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