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About this home
Prime investment opportunity in the growing Biddeford market. This fully occupied 4-unit property offers immediate cash flow with long-term upside. Numerous interior cosmetic improvements have been completed, including updated flooring, granite countertops, and fresh paint. Major capital items have also been addressed, with a new roof and hot water heaters installed in 2024 and a boiler replaced in 2022, providing a well-maintained asset for the next owner. Conveniently located near downtown Biddeford, tenants enjoy easy access to restaurants, shops, and local amenities. As Biddeford continues to experience revitalization and increased demand, this property presents an excellent opportunity for both stable income and future appreciation.
Multi-familyProperty Type
1900Year Built
3,049 sq ftLot Size
$227Price/Sq.Ft.
Listed by Christopher Maksut• Coldwell Banker Realty
Biddeford Downtown Mill District, located between the Saco River and Main Street, is a historic and industrial Biddeford neighborhood with brick mill blocks and riverfront footbridges. The neighborhood’s character concentrates around Main Street at Water Street, where coffee counters, small galleries, and chef-driven dining share the sidewalks with mill-era storefronts. Palace Diner, Banded Brewing Co., and the City Theater anchor the local rhythm with food, beer, and live performances. Former textile mills frame the streetscape in red brick, tall windows, and repurposed loading bays. River views and pocket parks shape a walkable loop from downtown to the mill buildings. Seasonal events and public art bring extra motion to the sidewalks without changing the working-waterfront feel.
Provided by Walk Score and Local Logic
Offer insights
93 Summer St · $779,000
$807K and above
75% chance or better to win
Why $807K+ is a strong offer
DAYS ON MARKET
3 days
The average home goes pending in 65 days.
SALE-TO-LIST
100.2%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Bathtub
Interior basement entry
Unfinished basement with a dirt floor and brick/mortar foundation
Bedrooms
First-floor bedroom
First-floor primary bedroom with bathroom
Bathrooms
4 full bathrooms
Flooring
Carpet, laminate, and vinyl flooring
Heating & cooling
Baseboard and hot-water heating with zoned control
Exterior features
Deck
Level lot in an intown neighborhood with sidewalks
Paved road
Home design
Multi-level
Parking
On-street parking
No driveway
Construction
Built in 1900
Wood-frame construction with vinyl siding
Brick/mortar foundation
Shingle roof
Utilities
Circuit breakers
Public sewer
Public water
Electric water heater
Financial info
Four 2-bedroom units
Gross income: $85,800
Operating expenses: $9,750
Electricity and solar
View estimated energy costs and solar savings for this home
Excellent opportunity! 4 unit with many updates. New roof, boiler, turn key available unit fully renovated with fresh paint, flooring and granite counters. Very low maintenance building with opportunity to increase rents to market on other existing units. Nothing like it on the market today.
MREIS #1102455
Jul 17, 2013
Listed
$179,900
$52/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,475 (+6.3%)
$168,500 + $264,900
$433,400
2024
$6,092 (+8.4%)
$168,500 + $259,900
$428,400
2023
$5,621 (+10.3%)
$168,500 + $259,900
$428,400
2022
$5,095 (+6.5%)
$85,600 + $224,900
$310,500
2021
$4,782 (+10.3%)
$70,000 + $192,300
$262,300
2020
$4,337 (+0.3%)
$54,500 + $161,800
$216,300
2019
$4,322 (+1.4%)
$54,500 + $161,800
$216,300
2018
$4,261 (+11.9%)
$54,500 + $161,800
$216,300
2017
$3,809 (+1.1%)
$54,500 + $135,300
$189,800
2016
$3,769 (+2.0%)
$54,500 + $135,300
$189,800
2015
$3,695 (−22.8%)
$54,500 + $135,300
$189,800
2013
$4,786
$84,400 + $188,600
$273,000
Public record
Public record
Zoning
Beds
5
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,436
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,436
Year built
1900
Style
Multi-Family (5+ Unit)
County
York County
APN
161715
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
MSRD2
Main Street Revitalization District
The commercial core district where the intent is to preserve the historic character of Biddeford while promoting the growth of businesses and residences in the district.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 90° expected this year, 18 days in 30 years
6/10 Wind Factor
64% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Biddeford, ME • 04005
Average low and high temperatures (°F)
31°
14°
34°
13°
46°
27°
55°
36°
65°
47°
77°
56°
82°
62°
79°
55°
73°
51°
62°
42°
50°
32°
36°
19°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 93 Summer St
$775,898
$3,102 under list price of $779K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $500K to $855K.