175 Alfred Street, Biddeford, ME 04005
MULTI_FAMILY - Victorian - Biddeford, ME
- Added:
- May 6, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 21 at 3:06 pm
Property Features for 175 Alfred Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 5, Basement, Bathroom 4
- Patio and Porch features
- Deck
- Interior features
- 1st Floor Bedroom, Attic, Bathtub
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 5,060 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7660
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Forced Air, Zoned, Oil
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 6
- Flooring type
- Carpet, Vinyl, Wood
- Building materials
- Wood Frame, Asbestos, Shingle Siding
- Roof type
- Metal
- Architectural style
- Victorian
Listing agent Jeffrey Davis (207) 233-9423
Listing office Town & Shore Real Estate One Union Wharf, Portland, ME (207) 773-0262
Listing date May 6, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Spacious 6‑unit building in Biddeford with expansion possibilities to the 3rd floor and potential conversion to a 4‑unit layout
- Metal roof; replacement windows; updated furnace and new flooring included among stated modernization items
- Professional lead abatement completed in all living spaces
- Corner lot with 5 parking spaces
- Victorian wood‑frame construction with metal roof and shingle siding; zoned heating with oil and forced air
- Public water and public sewer
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.0k | $29.64 |
| − Vacancy | −$7.8k | −$1.54 |
| EGI | $142.2k | $28.10 |
| − OpEx | −$64.0k | −$12.64 |
| NOI | $78.2k | $15.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Biddeford
- County
- York
- State
- Maine
- Longitude
- -70.459069
- Latitude
- 43.488365
