138 Summer

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Property Description:

Welcome to an exceptional investment opportunity in the heart of Southern Maine! Located on a large lot with potential development opportunity, this beautiful 3-unit property in Biddeford offers strong cash flow and long-term upside.

Whether you’re looking to live in one unit while your tenants help cover the mortgage or seeking a high-performing asset with substantial rental income, this property delivers. It features a spacious 4-bedroom, 2-bath townhouse-style unit—ideal for an owner-occupant—along with two bright and modern 1-bedroom, 1-bath units. With current rents at market value and opportunity for growth.

Located just minutes from UNE, Biddeford Pool, sandy beaches, popular restaurants, grocery stores, and convenient highway access, this home offers the perfect blend of comfort, convenience, and investment potential. You may even catch a refreshing ocean breeze right from your front door!

Don’t miss the chance to tour this rare find! Showings begin at the open house on Wednesday, May 21st from 3:00-4:00 PM and again on Friday, May 23rd from 3:00-4:00 PM. Come explore all the charm, income, and opportunity this property has to offer!

Price:
$699,000
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Address: 138 Summer StreetCity: Biddeford
State: MEBaths: 4
Bathrooms Full: 4Building Area Total: 2362

Features

Basement: Interior, Dirt Floor, Crawl Space, Sump PumpConstruction Materials: Vinyl Siding, Wood Frame
Cooling: NoneElectric: Circuit Breakers
Flooring: Wood, Vinyl, TileHeating: Zoned, Hot Water, Direct Vent Heater, Baseboard
Lot Size Square Feet: 18730.8Parking Features: 5 - 10 Spaces, Paved
Roof: ShingleSewer: Public Sewer
Water Source: PublicYear Built: 1880

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.