Two-Unit Duplex with
20 Green Street, Biddeford, ME 04005
For Sale
$469,000
Two residences offer different bedroom and bathroom configurations, with garage space on site.
Property Size2,144 SF
Price / SF$218.75
Days on Market158
Property Features for 20 Green Street
General Information
Standard status
Size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Portside Real Estate Group
(207) 536-4222
Listed By:
Mindy Phillips
(907) 315-2621
Source:
Amerorealty
Added: Jun 5
Changed: Nov 7
Last Checked: Nov 8 at 4:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Portside Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,144-square-foot duplex, built in 1900, contains two residences: one with 3 bedrooms and 2 bathrooms, and another with 2 bedrooms and 1 bathroom. A garage provides additional enclosed space. The property is zoned MSRD2.
The building is at 20 Green Street in Biddeford, near downtown restaurants, breweries, shops, and the riverfront.
The building is at 20 Green Street in Biddeford, near downtown restaurants, breweries, shops, and the riverfront.
Key Highlights
- Two residential units: one with 3 bedrooms and 2 bathrooms, the other with 2 bedrooms and 1 bathroom
- 2,144 square feet
- Garage on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,294
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,880
$725.9K
Cap Rate 7%
$518,486
$518.5K
Cap Rate 9%
$403,267
$403.3K
Market Conditions
NOI Build-Up for 2,144 SF
Gross rent
$54.5K $25.44/SF
− Vacancy
−$2.7K −$1.26/SF
EGI
$51.8K $24.18/SF
− OpEx
−$15.6K −$7.25/SF
NOI
$36.3K $16.93/SF
Area
York County, ME
Vacancy
4.94%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,880
Cap Rate 7%
$518,486
Cap Rate 9%
$403,267
Alternative Uses
Best Use
Multifamily LT 5
$518.5K
$453.7K – $604.9K
NOI $36,294 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$473.3K
$414.2K – $552.2K
NOI $33,134 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$679.6K
$594.7K – $792.9K
NOI $47,575 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,150
Businesses Nearby
Explore this area
Business Placement
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
$351,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in York County, ME
Properties on Market for Duplexes in York County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer different bedroom and bathroom configurations, with garage space on site.
Where is this duplex located?
The property is located at 20 Green Street Biddeford, ME.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Two residential units: one with 3 bedrooms and 2 bathrooms, the other with 2 bedrooms and 1 bathroom; 2,144 square feet; Garage on site
