36 Bradbury Street, Biddeford, ME 04005
Updated four-unit with expandable upstairs layouts and a dry basement, plus one first-floor unit available vacant at closing.
- Added:
- Apr 26, 2026
- Days on Market:
- 57
- Last Refresh:
- Jun 21 at 2:01 am
Property Features for 36 Bradbury Street
General Information
- Standard status
- Active
- Size
- 3,880 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agent Daniel Weber Nicholas Laverriere (603) 433-3350
Listing office Keller Williams Realty
Listing date Apr 26, 2026
Source Greatislandrealty
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
HighLights
- Four‑unit property in Downtown Biddeford, built in 1900 (Historic District).
- Major updates completed in 2006, including new electrical, decks, and vinyl siding with Azek trim.
- Clean, dry basement with separate water heaters and a newer boiler.
- Expandable upstairs units—opportunity to reconfigure into 3‑bedroom layouts.
- One first‑floor unit can be delivered vacant at closing, for owner‑occupant or investor flexibility.
Overview
Located in the Historic District in-town, the property is positioned near shopping and near town amenities.
For an owner-occupant, the ability to take one unit while retaining rental income can be compelling, particularly with the option to have one first-floor unit delivered vacant at closing for flexible move-in timing. For investors, the existing update history and the potential to reconfigure upstairs units into larger three-bedroom layouts may support refreshed unit mix over time, while the basement setup with separate water heaters and a newer boiler provides a practical utility foundation.
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 | $98.7k | $25.44 |
| − Vacancy | −$4.9k | −$1.26 |
| EGI | $93.8k | $24.18 |
| − OpEx | −$28.1k | −$7.25 |
| NOI | $65.7k | $16.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Biddeford
- County
- York
- State
- Maine
- Longitude
- -70.462226
- Latitude
- 43.4942882
