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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 and investment throughout downtown, Biddeford remains one of Maine's strongest rental markets. Investment Highlights - Five-unit multifamily building - Current monthly rent roll: $8,995 - Annual gross scheduled rent: $107,940 - Estimated NOI: $85,429 - Approximate 9.24% cap rate - Strong 1.32 DSCR under conservative financing assumptions - Public water & public sewer - Excellent long-term investment in a high-demand rental location - Opportunity for future rent growth while benefiting from immediate income Whether you're completing a 1031 exchange, expanding an existing portfolio, or entering Southern Maine's multifamily market, 79 Hill Street delivers the combination of stable income, attractive returns, and long-term appreciation potential that investors are searching for.

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 and investment throughout downtown, Biddeford remains one of Maine's strongest rental markets. Investment Highlights - Five-unit multifamily building - Current monthly rent roll: $8,995 - Annual gross scheduled rent: $107,940 - Estimated NOI: $85,429 - Approximate 9.24% cap rate - Strong 1.32 DSCR under conservative financing assumptions - Public water & public sewer - Excellent long-term investment in a high-demand rental location - Opportunity for future rent growth while benefiting from immediate income Whether you're completing a 1031 exchange, expanding an existing portfolio, or entering Southern Maine's multifamily market, 79 Hill Street delivers the combination of stable income, attractive returns, and long-term appreciation potential that investors are searching for.

79 Hill St, Biddeford

Listing courtesy of Keller Williams Realty.

This thoughtfully designed Cape style home currently under construction and scheduled for completion in AUGUST, offers 3 bedrooms and 2.5 baths with a layout ideal for convenient first floor living. The main level features a spacious primary suite along with a dedicated laundry and mudroom, combining comfort and functionality in a well-planned design. Built with custom craftsmanship and attention to detail, this home will offer quality finishes and timeless style throughout. The oversized two-car garage includes an additional rear utility door, perfect for easy access when storing lawn equipment, tools, or other outdoor gear and unfinished space above, offering excellent potential for a future bonus room. Enjoy an exceptional location less than a half mile from a public boat launch, with nearby beaches just minutes away. Ideally situated 15 minutes from I-95, the Shops at Biddeford Crossing, and the charm of Kennebunkport, while being within 30 minutes of Portland's renowned dining and waterfront. Currently, under construction and just months from completion, this home presents a wonderful opportunity to own a brand-new property in a highly desirable coastal Maine location.

3 Beds ⋅ 3 Baths

This thoughtfully designed Cape style home currently under construction and scheduled for completion in AUGUST, offers 3 bedrooms and 2.5 baths with a layout ideal for convenient first floor living. The main level features a spacious primary suite along with a dedicated laundry and mudroom, combining comfort and functionality in a well-planned design. Built with custom craftsmanship and attention to detail, this home will offer quality finishes and timeless style throughout. The oversized two-car garage includes an additional rear utility door, perfect for easy access when storing lawn equipment, tools, or other outdoor gear and unfinished space above, offering excellent potential for a future bonus room. Enjoy an exceptional location less than a half mile from a public boat launch, with nearby beaches just minutes away. Ideally situated 15 minutes from I-95, the Shops at Biddeford Crossing, and the charm of Kennebunkport, while being within 30 minutes of Portland's renowned dining and waterfront. Currently, under construction and just months from completion, this home presents a wonderful opportunity to own a brand-new property in a highly desirable coastal Maine location.

26 Meeting House Rd, Biddeford

Listing courtesy of RE/MAX Shoreline.

Welcome to 350 Main Street. Exceptionally well maintained 5 unit building with solid mechanical systems located in the heart of the revitalized down town. Walking distance to all cafes, shops, restaurants, Riverwalk & Amtrak. Seller has owned these buildings for a very long time and is retiring. Excellent long term tenants is the reason for below market rents. Most tenants are ''Tenants At Will'', which will allow the rental income to catch up to the current market rate. If you're looking for an extremely well maintained building, then you need to view this property. It's not often a clean building like this comes to the market. SHOWINGS ARE TUESDAYS AT 12:00 & FRIDAYS AT 12:00. 48 HOUR NOTICE IS REQUIRED.

Welcome to 350 Main Street. Exceptionally well maintained 5 unit building with solid mechanical systems located in the heart of the revitalized down town. Walking distance to all cafes, shops, restaurants, Riverwalk & Amtrak. Seller has owned these buildings for a very long time and is retiring. Excellent long term tenants is the reason for below market rents. Most tenants are ''Tenants At Will'', which will allow the rental income to catch up to the current market rate. If you're looking for an extremely well maintained building, then you need to view this property. It's not often a clean building like this comes to the market. SHOWINGS ARE TUESDAYS AT 12:00 & FRIDAYS AT 12:00. 48 HOUR NOTICE IS REQUIRED.

350 Main St, Biddeford

Listing courtesy of Realty Sales Inc.

Turnkey solid 5 unit investment property 100% leased and many updates/upgrades throughout. Nothing to do but make money on this wonderful property located in heart of downtown Biddeford and in walking distance to renovated mill buildings and revitalized downtown area with its trendy restaurants and bars. Great income with upside potential - financials available upon return of signed NDA.

Turnkey solid 5 unit investment property 100% leased and many updates/upgrades throughout. Nothing to do but make money on this wonderful property located in heart of downtown Biddeford and in walking distance to renovated mill buildings and revitalized downtown area with its trendy restaurants and bars. Great income with upside potential - financials available upon return of signed NDA.

4 Kossuth St, Biddeford

Listing courtesy of Kre Brokerage Group.

Welcome to 46-48 St. Mary's Street. Exceptionally well maintained 6 unit building with solid mechanical systems located in the heart of the revitalized down town. Walking distance to all cafes, shops, restaurants, Riverwalk & Amtrak. Seller has owned these buildings for a very long time and is retiring. Excellent long term tenants is the reason for below market rents. Most of the tenants are ''Tenants At Will'', which will allow the rental income to catch up to the current market rate. If you're looking for an extremely well maintained building, then you need to view this property. It's not often a clean building like this comes to the market. SHOWINGS ARE TUESDAYS AT 12:00 & FRIDAYS AT12:00. 48 HOUR NOTICE IS REQUIRED.

Welcome to 46-48 St. Mary's Street. Exceptionally well maintained 6 unit building with solid mechanical systems located in the heart of the revitalized down town. Walking distance to all cafes, shops, restaurants, Riverwalk & Amtrak. Seller has owned these buildings for a very long time and is retiring. Excellent long term tenants is the reason for below market rents. Most of the tenants are ''Tenants At Will'', which will allow the rental income to catch up to the current market rate. If you're looking for an extremely well maintained building, then you need to view this property. It's not often a clean building like this comes to the market. SHOWINGS ARE TUESDAYS AT 12:00 & FRIDAYS AT12:00. 48 HOUR NOTICE IS REQUIRED.

46-48 St Marys St, Biddeford

Listing courtesy of Realty Sales Inc.

Welcome to 365 Main Street. Exceptionally well maintained 5 unit building with solid mechanical systems located in the heart of the revitalized down town. Walking distance to all cafes, shops, restaurants, Riverwalk & Amtrak. Seller has owned these buildings for a very long time and is retiring. Excellent long term tenants is the reason for below market rents. Most of the tenants are ''Tenants At Will'', which will allow the rental income to catch up to the current market rate. If you're looking for an extremely well maintained building, then you need to view this property. It's not often a clean building like this comes to the market. SHOWINGS ARE TUESDAYS AT 12:00 & FRIDAYS AT 12:00. 48 HOUR NOTICE IS REQUIRED.

Welcome to 365 Main Street. Exceptionally well maintained 5 unit building with solid mechanical systems located in the heart of the revitalized down town. Walking distance to all cafes, shops, restaurants, Riverwalk & Amtrak. Seller has owned these buildings for a very long time and is retiring. Excellent long term tenants is the reason for below market rents. Most of the tenants are ''Tenants At Will'', which will allow the rental income to catch up to the current market rate. If you're looking for an extremely well maintained building, then you need to view this property. It's not often a clean building like this comes to the market. SHOWINGS ARE TUESDAYS AT 12:00 & FRIDAYS AT 12:00. 48 HOUR NOTICE IS REQUIRED.

365 Main St, Biddeford

Listing courtesy of Realty Sales Inc.

Listing data is derived in whole or in part from the Maine IDX and 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.

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