276 Hill Street, Biddeford, ME 04005
MULTI_FAMILY - Colonial - Biddeford, ME
- Added:
- May 7, 2026
- Days on Market:
- 46
- Last Refresh:
- Jun 21 at 4:06 pm
Property Features for 276 Hill Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bathrooms
- 8
- Rooms
- Bathroom 2, Bathroom 6, Bathroom 4, Bathroom 7, Bathroom 5, Bathroom 1, Bathroom 8, Bathroom 3, Basement
- Parking features
- Open, Heated
- Patio and Porch features
- Deck, Porch
- Pets allowed
- No
- Interior features
- 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 11,374 SF
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 17780
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned, Oil, Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 3
- Number of units
- 8
- Flooring type
- Vinyl, Carpet, Tile, Wood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle, Composition
- Architectural style
- Colonial
Listing agent Fred Andrews (207) 233-6699
Listing office Spectrum Real Estate 84 Middle Street, Portland, ME (207) 805-3707
Listing date May 7, 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
- Two‑building, mixed‑use compound with 8 residential units plus a heated warehouse in Biddeford, Maine
- Heated warehouse features 4 oversized overhead bay doors for secure storage or business use
- One‑floor living layout with an updated 1st‑floor primary bedroom with private bath and 1st‑floor bedroom
- Public water and public sewer connected
- Year built 1970; wood frame construction with vinyl siding; composition shingle roof
- Zoned oil hot‑water heating with baseboard; flooring includes tile, carpet, vinyl, and wood
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 | $337.1k | $29.64 |
| − Vacancy | −$17.5k | −$1.54 |
| EGI | $319.6k | $28.10 |
| − OpEx | −$143.8k | −$12.64 |
| NOI | $175.8k | $15.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Biddeford
- County
- York
- State
- Maine
- Longitude
- -70.462285
- Latitude
- 43.480186
