SoldSep 3, 2025

Listed by Christopher St. Pierre

Bought with Anne McPheeters from OceanView Properties, Inc.

Source: Maine Real Estate Information System, Inc. #1626391

59 Washington St, Biddeford, ME, 04005

$355,000

2
896 sq. ft.
871.2 sq. ft.

MultiFam

•

30+ days on the market

Sold: Sep 3, 2025

What's around 59 Washington St

About this property

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.

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Seller's review

5 months ago

Knowledgeable and Diligent

I recently had Christopher help me sell my multifamily in Biddeford. He was knowledgeable, patient, professional and diligent throughout the process and made for a smooth transaction with a little fun thrown in. I would highly recommend him for either buying or selling a property.

S
Seller

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