Smart-Enabled Triplex with Detached
6 Proctor Road, Biddeford, ME 04005
For Sale
$1,100,000
Multi-Family, Biddeford, ME
Property Size4,911 SF
Lot Size1.10 Acres
Price / SF$223.99
Days on Market116
Property Features for 6 Proctor Road
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Parking features
Security features
Patio and Porch features
Interior features
Basement
Lot features
Standard status
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
smart-enabled
radiant heat
mini-splits
smart controls
networking
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Buildings
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
John Krouse
(207) 929-0956
Added: Jul 19
Changed: Nov 9
Last Checked: Nov 11 at 1:06PM
MLS# 1643996
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.
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Investment Insights
Based on property information with market context.
This 4,911-square-foot triplex property includes a primary residence, a detached secondary building, and an independent cottage on 1.1 acres. The main residence offers three bedrooms, an in-law suite with a separate kitchen, two laundry rooms, custom-tiled baths, radiant heat in select areas, Viessmann heating, a newer metal roof, and a 20KW generator.
The additional buildings expand the property's functional layout. The detached building includes a full bath, two mini-splits, networking capability, and a 10KW generator, while the cottage provides another self-contained living area with a washer and dryer and its own 10KW generator. Separate electric meters, smart controls, paved parking, and a 2021 leach field add practical infrastructure. The property is zoned RF, uses a private well and septic system, and currently requires owner occupancy; intended use should be verified with the City of Biddeford. The location provides access to UNE, beaches, downtown, and I-95.
The additional buildings expand the property's functional layout. The detached building includes a full bath, two mini-splits, networking capability, and a 10KW generator, while the cottage provides another self-contained living area with a washer and dryer and its own 10KW generator. Separate electric meters, smart controls, paved parking, and a 2021 leach field add practical infrastructure. The property is zoned RF, uses a private well and septic system, and currently requires owner occupancy; intended use should be verified with the City of Biddeford. The location provides access to UNE, beaches, downtown, and I-95.
Key Highlights
- Three‑building configuration on 1.1 acres
- 4,911 SF property with a three‑bedroom main residence and in‑law suite
- Detached building includes a full bath, two mini‑splits, networking capability, and a 10KW generator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,135
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,662,700
$1.7M
Cap Rate 7%
$1,187,643
$1.2M
Cap Rate 9%
$923,722
$923.7K
Market Conditions
NOI Build-Up for 4,911 SF
Gross rent
$124.9K $25.44/SF
− Vacancy
−$6.2K −$1.26/SF
EGI
$118.8K $24.18/SF
− OpEx
−$35.6K −$7.25/SF
NOI
$83.1K $16.93/SF
Area
York County, ME
Vacancy
4.94%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,662,700
Cap Rate 7%
$1,187,643
Cap Rate 9%
$923,722
Alternative Uses
Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.39M
NOI $83,135 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$1.08M
$948.7K – $1.26M
NOI $75,896 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $108,973 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 04005, ME
24,581
Population
11,001
Households
2.2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
47.9 sq mi
ZIP Area
513
Density / Sq Mi
$71,268
Median Household Income
$39,176
Median Earnings
$1,186
Median Rent
$351,700
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in York County, ME
Properties on Market for Triplexes in York County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate buildings support owner occupancy and flexible living arrangements.
Where is this triplex located?
The property is located at 6 Proctor Road Biddeford, ME.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three‑building configuration on 1.1 acres; 4,911 SF property with a three‑bedroom main residence and in‑law suite; Detached building includes a full bath, two mini‑splits, networking capability, and a 10KW generator
