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Biddeford Multi-Unit Income Property

50 Mason Street, Biddeford, ME 04005

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For Sale

$565,900

MULTI_FAMILY - Colonial - Biddeford, ME

Property size:

2,766 SF

Lot size:

0.17 Acres

Price / SF:

$204/SF

HighLights

Fully rented three‑unit property provides immediate income.
Future owner‑occupancy potential.
Ample off‑street parking with a six‑car lot.
New roof and

We can help!

Listing Contact

Kathy Apon

For Sale

$565,900

MULTI_FAMILY - Colonial - Biddeford, ME

Property size:

2,766 SF

Lot size:

0.17 Acres

Price / SF:

$204/SF

Added:: Jun 2, 2026
Days on Market:: 9
Last Refresh:: Jun 10 at 9:06 am

Property Features for 50 Mason Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R1B
Bathrooms: 3
Rooms: Bathroom 1, Bathroom 2, Bathroom 3, Basement
Patio and Porch features: Deck
Basement: Full, Walk-Out Access
Standard status: Active
Size: 2,766 SF
Lot size: 0.17 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 6167

Utilities

Sewer type: Public Sewer
Heating system: Hot Water(Heating), Natural Gas, Oil, Forced Air
Water source: Public

Building Details

Year built: 1899
Number of units: 3
Flooring type: Hardwood, Laminate
Building materials: Wood Frame, Vinyl Siding
Roof type: Shingle
Architectural style: Colonial

We can help!

Listing Contact

Kathy Apon

Listing agent Kathy Apon

Listing office Greater Portland Realty 41Merrill Road, Portland, ME

Listing date Jun 2, 2026

MLS# 1658490 Listing URL

HighLights

Fully rented three‑unit property provides immediate income.
Future owner‑occupancy potential.
Ample off‑street parking with a six‑car lot.
New roof and

Overview

This fully rented three-unit property offers immediate income with future owner-occupancy potential. The unit mix includes a spacious multi-level 3-bedroom, 1.5 bath unit, a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Recent updates include a new roof and new deck. Ample off-street parking is available with a six-car lot. Situated on a quiet dead-end street, the property is just minutes from downtown Biddeford, offering easy access to local shops, restaurants and everyday amenities. The property, with a colonial architectural style, is located in Biddeford, Maine. The lot size is 0.17 acres and the property size is 2766 square feet. The property is zoned R1B. This multifamily property is a residential income property with triplexes. The property is located in York County.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$70.4k	$25.44
− Vacancy	−$3.5k	−$1.26
EGI	$66.9k	$24.18
− OpEx	−$20.1k	−$7.25
NOI	$46.8k	$16.93

2,766 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$668.9K

$585.3K – $780.4K (±1% cap)

NOI $46,824 @ 7.0% cap · market cap 8.27%

Second Best

Apartment 5plus

$610.7K

$534.3K – $712.5K (±1% cap)

NOI $42,747 @ 7.0% cap · market cap 7.55%

Theoretical Best

Office A

$876.8K

$767.2K – $1.02M (±1% cap)

NOI $61,377 @ 7.0% cap · market cap 10.85%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Biddeford
County: York
State: Maine
Longitude: -70.464568
Latitude: 43.492093

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For sale
Triplexes
ME
Biddeford
04005
50 Mason Street

What type of property is this?

Triplex - Fully rented three-unit property near downtown Biddeford, Maine.

Where is this triplex located?

The property is located at 50 Mason Street Biddeford, ME.

What is the asking price?

The asking price for this property is $565,900.

What are key features of this property?

This property features: Fully rented three‑unit property provides immediate income.; Future owner‑occupancy potential.; Ample off‑street parking with a six‑car lot.

50 Mason Street, Biddeford, ME 04005

MULTI_FAMILY - Colonial - Biddeford, ME

Property Features for 50 Mason Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Biddeford Restaurant Opportunity on Saco

Versatile Multifamily Property in Biddeford

Victorian Multifamily Estate with Pond Access

Renovated Duplex with Attached Barn

Mixed-Use Property with Heated Warehouse

Multifamily Investment Opportunity in Biddeford

Three-Unit Residential Income Property

Biddeford Multifamily Investment Opportunity

Three-Building Mixed-Use Property

Coastal Farmhouse with In-Law Apartment

Biddeford Four-Unit Multifamily Property

Biddeford Victorian Multifamily Investment

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