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59 Washington Street

Biddeford

$395,000

beds   ·   2 baths   ·   896 sqft   ·   0.02 acres   ·   taxes: $2,193   ·   MLS#: 1626391

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.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1920
  • Style : Other
  • Flooring : Laminate
  • Garage Spaces : 0.00
  • Roof : Flat
  • Basement : Dirt Floor, Crawl Space, Sump Pump, Doghouse
  • Heating : Direct Vent Heater
  • Cooling : None

Site

  • Water Source : Public
  • Utilities : Utilities On
  • Sewer : Public Sewer
  • Zoning : MSRD1
  • Road Surface Type : Paved
Listing provided by EXP Realty

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.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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43 Elm Street
Camden, Maine 04843
207.236.6171
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