Renovated Two-Unit Townhome
36-38 Pool Street Biddeford, ME 04005
36-38 Pool Street, Biddeford, ME, 04005
$475,000
Pending
For Sale
$475,000
Pending
Recently renovated two-unit duplex featuring townhouse-style layouts with updated kitchens and baths.
Property Size2,192 SF
Days on Market170
Property Features for 36-38 Pool Street
General Information
- Standard status
- Pending
- Size
- 2,192 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1880
Listing agency
Coldwell Banker Realty
(207) 294-2933
Listed by
Lisa Hughes
(207) 294-2933
Source
Compass
Added: Feb 1 Updated: Jul 20 at 9:05PM Checked: Jul 21 at 6:10AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This recently renovated two-unit property is configured as townhouse-style residences with updated interiors throughout. The home includes refreshed kitchens, baths, and living spaces designed for comfortable, low-maintenance use, with a total of six bedrooms. Currently, the bedrooms are configured as one 2-bedroom unit and one 4-bedroom unit, with flexibility to revert to a 2-unit layout with three bedrooms in each.
The property is located in Biddeford, with convenient access to downtown shops, restaurants, and amenities, as well as the University of New England and southern Maine beaches.
Overall, this is a turnkey duplex designed to support an owner-occupant setup or a rental use, backed by modern updates while maintaining the property’s practical charm.
The property is located in Biddeford, with convenient access to downtown shops, restaurants, and amenities, as well as the University of New England and southern Maine beaches.
Overall, this is a turnkey duplex designed to support an owner-occupant setup or a rental use, backed by modern updates while maintaining the property’s practical charm.
Key Highlights
- Recently renovated two‑unit duplex with townhouse‑style layouts
- Total of 2 bathrooms; interiors include wood, tile, and carpet flooring
- Heating includes radiator, hot water, and baseboard; cooling listed as none
Local Financial Insights For Multifamily LT 5
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 | $55.8k | $25.44 |
| − Vacancy | −$2.8k | −$1.26 |
| EGI | $53.0k | $24.18 |
| − OpEx | −$15.9k | −$7.25 |
| NOI | $37.1k | $16.93 |
2,192 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$530.1K
$463.8K – $618.5K
NOI $37,107 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$483.9K
$423.5K – $564.6K
NOI $33,876 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$694.9K
$608.0K – $810.7K
NOI $48,640 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Recently renovated two-unit duplex featuring townhouse-style layouts with updated kitchens and baths.
Where is this duplex located?
The property is located at 36-38 Pool Street Biddeford, ME.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Recently renovated two‑unit duplex with townhouse‑style layouts; Total of 2 bathrooms; interiors include wood, tile, and carpet flooring; Heating includes radiator, hot water, and baseboard; cooling listed as none
