Triplex with In-Unit
For Sale
$595,000
25 Clifford St, Biddeford, ME 04005
All three apartments are occupied, and each has its own laundry facilities.
Property Size3,429 SF
Price / SF$173.52
Days on Market9
Property Features for 25 Clifford St
General Information
Standard status
Active
Size
3,429 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
3
Tenant in Place
Yes
Amenities
in-unit laundry
enclosed exterior stairways
Building Details
Year Built
1900
Listed By:
Signature Homes Real Estate Group
(207) 885-0500
Source:
Signaturehomesmaine
Added: Oct 24
Changed: Oct 28
Last Checked: Oct 30 at 2:24PM
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 Signature Homes Real Estate Group
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Investment Insights
Based on property information with market context.
At 25 Clifford St in Biddeford, this 3,429-square-foot triplex contains three apartments and dates to 1900. Each unit has separate laundry facilities. Enclosed exterior stairways include room for small sitting areas.
Two driveways, separated by a retaining wall, provide off-street parking. The property is approximately 10 minutes from I-95.
Two driveways, separated by a retaining wall, provide off-street parking. The property is approximately 10 minutes from I-95.
Key Highlights
- Three‑unit property with all apartments occupied
- 3,429 square feet; built in 1900
- Laundry facilities in each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,993
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,860
$1.1M
Cap Rate 7%
$757,043
$757.0K
Cap Rate 9%
$588,811
$588.8K
Market Conditions
NOI Build-Up for 3,429 SF
Gross rent
$101.6K $29.64/SF
− Vacancy
−$5.3K −$1.54/SF
EGI
$96.4K $28.10/SF
− OpEx
−$43.4K −$12.64/SF
NOI
$53.0K $15.45/SF
Area
York County, ME
Vacancy
5.20%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,860
Cap Rate 7%
$757,043
Cap Rate 9%
$588,811
Alternative Uses
Best Use
Multifamily LT 5
$829.2K
$725.6K – $967.5K
NOI $58,047 @ 7.0% cap · market cap 9.76%
Second Best
Apartment 5plus
$757.0K
$662.4K – $883.2K
NOI $52,993 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$1.09M
$951.1K – $1.27M
NOI $76,088 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,235
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - All three apartments are occupied, and each has its own laundry facilities.
Where is this triplex located?
The property is located at 25 Clifford St Biddeford, ME.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Three‑unit property with all apartments occupied; 3,429 square feet; built in 1900; Laundry facilities in each apartment
