Search
Three-Cottage Multifamily Property
For Sale
$2,100,000

18-22 Fortunes Rocks Road, Biddeford, ME 04005

Biddeford, ME

Property Size2,232 SF
Price / SF$940.86
Days on Market82

Property Features for 18-22 Fortunes Rocks Road

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bathrooms 3
Full bathrooms 3
Standard status Active
Size 2,232 SF

Amenities

fireplace
enclosed sun porch

Building Details

Year built 1950
Listing Agency: Wells, Maine · Better Homes and Gardens Real Estate
Listed By: Paula Standley
Added: Jul 26 Changed: Sep 11 Last Checked: Oct 15 at 7:06AM
MLS# 1673011

Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 18-22 Fortunes Rocks Road, this multifamily property includes three individual year-round cottages totaling 2,232 square feet. Each cottage contains two bedrooms, one bathroom, a living room with a fireplace, a kitchen, and an enclosed sunporch. The kitchens overlook the marsh on the back side of the property, and each cottage has 2-3 parking spots. Built in 1950, the cottages provide distinct residential accommodations within one property.

A deeded right of way leads to Fortunes Rocks Beach, with a footpath to the sandy beach directly across the street. The University of New England is less than 2 miles away. The cottages are currently occupied by long-term tenants on a month-to-month basis, with no leases in place.

Key Highlights

  • Three individual year‑round cottages totaling 2,232 square feet
  • Each cottage includes 2 bedrooms and one bathroom
  • Deeded right of way to Fortunes Rocks Beach

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick HVAC Service Plumbing Service Kitchen & Bath Showroom Skin Care Clinic Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 04005, ME

24,581
Population
11,001
Households
2.2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
47.9 sq mi
ZIP Area
513
Density / Sq Mi
$71,268
Median Household Income
$39,176
Median Earnings
$1,186
Median Rent
$351,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Three year-round cottages offer separate living spaces, kitchens, fireplaces, sunporches, and deeded beach access.
Where is this multifamily property located?
The property is located at 18-22 Fortunes Rocks Road Biddeford, ME.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Three individual year‑round cottages totaling 2,232 square feet; Each cottage includes 2 bedrooms and one bathroom; Deeded right of way to Fortunes Rocks Beach
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again