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59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
SEE ALL PHOTOS
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
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59 Washington Street
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59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
59 Washington Street
Sold

59 Washington Street

59 Washington Street, Biddeford, ME 04005

$355,000
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.

Studio

2
baths

896 Sq.Ft. LIVING AREA

871.2 Sq.Ft. lot

Anne McPheeters

Anne McPheeters

Features & Amenities

Interior

  • total bedrooms0
  • Total bathrooms2
  • full bathrooms2
  • Laundry room Washer Hookup
  • Flooring Laminate
  • other interior Features Bathtub

Area & Lot

  • Status Sold
  • Living Area896 Sq.Ft.
  • Total Area896 Sq.Ft.
  • Lot Area871.2 Sq.Ft.
  • MLS® ID1626391
  • TypeMulti-Family
  • YEAR BUILT1920
  • Architecture StylesOther

Exterior

  • water SourcePublic
  • utilitiesUtilities On
  • roofFlat
  • lot featuresLevel, Sidewalks, Intown, Near Shopping
  • parkingNo Parking, No Driveway
  • HEAT TYPEDirect Vent Heater
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • SubstructureGranite, Brick/Mortar

Financial

  • Sales Price$355,000
  • Real Estate Tax $2,193/yr
  • Zoning MSRD1

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