7 Emmons Place, Biddeford, ME 04005
Local realty services provided by:CENTURY 21 Advantage
7 Emmons Place,Biddeford, ME 04005
$860,000
- - Beds
- 5 Baths
- 3,180 sq. ft.
- Multi-family
- Active
Office: signature homes real estate group, llc.
MLS#:1673817
Source:ME_MREIS
Price summary
- Price:$860,000
- Price per sq. ft.:$270.44
About this home
Exceptional opportunity to acquire a fully occupied five-unit multifamily property in an established residential neighborhood in Biddeford. The property features four 1-bedroom, 1 bathroom apartments and one spacious 2 bedroom, 1 bathroom apartment occupying the entire third floor. All units are currently occupied, providing immediate rental income with below-market rental upside for future ownership.
The building offers a mix of updated and unrenovated units, creating opportunities for future improvements as apartments turn over. Tenants pay their own electricity, while heat and hot water are included. Off-street parking, expansive rear decks, and established raised garden beds add practical and appealing resident amenities.
Located directly across from Hannaford, the property provides convenient access to groceries and everyday essentials. Downtown Biddeford's restaurants, breweries, shops, parks, and growing business district are also just minutes away, along with major commuter routes.
Whether expanding an existing portfolio or purchasing a first multifamily investment, this property offers established occupancy, immediate income, and the opportunity to increase returns over time as units turn over and rents are brought closer to market....
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Home facts
- Year built:1880
- Listing ID #:1673817
- Updated:July 29, 2026 at 10:19 PM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Carpet, Laminate, Vinyl, Wood
- Basement Description:Interior Entry, Unfinished
- Living area:3,180 sq. ft.
Heating and cooling
- Heating:Baseboard, Heating, Hot Water, Oil
Structure and exterior
- Roof:Shingle
- Year built:1880
- Building area:3,180 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Level, Near Shopping, Near Town
- Architectural Style:New Englander
- Construction Materials:Vinyl Siding, Wood Frame
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$860,000
- Price per sq. ft.:$270.44
- Tax amount:$7,982 (2026)
Parking
- Parking description:5 - 10 Spaces, Paved
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