Maine Waterfront Estate with Multiple
475-477 South Street Biddeford, ME 04005
475-477 South Street, Biddeford, ME, 04005
$1,995,000
For Sale
$1,995,000
MULTI_FAMILY - Victorian - Biddeford, ME
Property Size3,554 SF
Lot Size20.00 Acres
Price / SF$561.34
Days on Market34
Property Features for 475-477 South Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RF, SR1, RP1
- Bathrooms
- 5
- Rooms
- Basement, Bathroom 4, Bathroom 1, Bathroom 5, Bathroom 3, Bathroom 2
- Parking features
- Heated
- Security features
- Security System
- Patio and Porch features
- Deck, Patio
- Pets allowed
- No
- Interior features
- Other Amenities, Walk-in Closets, In-Law Apartment, 1st Floor Bedroom, Attic, Bathtub, Pantry, Storage, Primary Bedroom w/Bath
- Fencing
- Fenced
- Basement
- Unfinished, Full, Partial
- Standard status
- Active
- Size
- 3,554 SF
- Lot size
- 20.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 152
Utilities
- Sewer type
- Private Sewer, Septic Tank
- Heating system
- Oil, Baseboard, Forced Air, Hot Water(Heating)
- Cooling system
- Central Air
- Water source
- Public
- Water front features
- Stream
- Water front
- 1
Building Details
- Year built
- 1900
- Number of units
- 3
- Flooring type
- Wood, Tile, Carpet, Vinyl
- Building materials
- Wood Frame, Vinyl Siding, Wood Siding
- Roof type
- Shingle
- Architectural style
- Victorian
- Additional Structures
- Outbuilding, Storage, Other
Listing agency
F.O. Bailey Real Estate
(207) 781-1111
Listed by
Thomas Gadbois · License #BA918504
(207) 409-8339
Added: Jun 18 Checked: Jul 21 at 4:06PM
MLS# 1665794
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.
Investment Insights
Based on property information with market context.
Set on a private 20-acre estate, this property offers a classic Maine farmhouse with 5 bedrooms and 3 baths overlooking a tranquil pond, along with an in-ground pool and pool house. Additional living space includes a separate 3-bedroom, 1-bath cottage with its own address, and a 2-bedroom, 1-bath in-law apartment with storage below. The estate also features a 3-car garage, an oversized 2+ car garage with finished space above, and a fenced animal barn. For large-scale storage and hobby use, the property includes an approximately 6,800± square-foot storage garage. Zoning is listed as RF, SR1, and RP1.
The grounds border approximately 300 acres of conservation land, providing privacy while remaining conveniently near local amenities. The property has approximately 287 feet of frontage on Swans Pond Brook and is described as offering direct water access, with the ability to boat to the scenic Saco River.
The grounds border approximately 300 acres of conservation land, providing privacy while remaining conveniently near local amenities. The property has approximately 287 feet of frontage on Swans Pond Brook and is described as offering direct water access, with the ability to boat to the scenic Saco River.
Key Highlights
- 20‑acre private estate at 475‑477 South Street in Biddeford, Maine (built in 1900) with a Victorian‑style farmhouse
- 5‑bedroom, 3‑bath Maine farmhouse with a primary bedroom w/bath and in‑ground pool plus pool house
- Additional living options include a separate 3‑bedroom, 1‑bath cottage with its own address and a 2‑bedroom, 1‑bath in‑law apartment with storage below
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 | $90.4k | $25.44 |
| − Vacancy | −$4.5k | −$1.26 |
| EGI | $85.9k | $24.18 |
| − OpEx | −$25.8k | −$7.25 |
| NOI | $60.2k | $16.93 |
3,554 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$859.5K
$752.0K – $1.00M
NOI $60,163 @ 7.0% cap · market cap 3.02%
Second Best
Apartment 5plus
$784.6K
$686.6K – $915.4K
NOI $54,925 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$1.13M
$985.8K – $1.31M
NOI $78,862 @ 7.0% cap · market cap 3.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Waterfront estate with a Maine farmhouse plus separate cottage and in-law apartment, extensive outbuildings, and pond-brook frontage.
Where is this triplex located?
The property is located at 475-477 South Street Biddeford, ME.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 20‑acre private estate at 475‑477 South Street in Biddeford, Maine (built in 1900) with a Victorian‑style farmhouse; 5‑bedroom, 3‑bath Maine farmhouse with a primary bedroom w/bath and in‑ground pool plus pool house; Additional living options include a separate 3‑bedroom, 1‑bath cottage with its own address and a 2‑bedroom, 1‑bath in‑law apartment with storage below
