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Six-Unit Apartment Building Under Renovation
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99 Summer St., Biddeford, ME 04005

Three-story multifamily property being converted from a two-unit layout into a six-unit apartment building.

Property SizeContact for details
Lot Size0.08 Acres
Days on Market131

Property Features for 99 Summer St.

General Information

Standard status Active
Lot size 0.08 Acres
Property subtype Mixed Use
Zoning R2

Units

Unit Mix 4 x 1BR, 2 x 3BR
Multifamily Units 6

Additional Details

Road Access Yes

Building Details

Buildings 1
Stories 3
Construction wood frame
Listing Agency: Keenan Auction Company, Inc.
Listed By: Richard Keenan
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 5:57AM

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 Keenan Auction Company, Inc.

Investment Insights

Based on property information with market context.

Located at 99 Summer St. in Biddeford, Maine, this circa 1900 wood-frame property has three stories and a mansard roof. The building is undergoing a complete renovation that will reconfigure the original two-unit layout into six apartments: four one-bedroom units and two three-bedroom units. The planned arrangement places three one-bedroom apartments on the first floor, along with one one-bedroom and one three-bedroom apartment on the second floor; the remaining three-bedroom unit is planned for the third floor.

The property occupies a .08+/- acre parcel with 50+/- feet of frontage on Summer St. and is situated in the R2 zone. Building Permit #23-09-125 is associated with the renovation. The property is identified as Tax Map 35, Lot 43.

Key Highlights

  • Six‑unit apartment conversion from an original two‑unit building
  • Unit mix includes 4 one‑bedroom and 2 three‑bedroom apartments
  • Circa 1900 wood‑frame, 3‑story structure with a mansard roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Computer & Electronic Repair Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,180
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story multifamily property being converted from a two-unit layout into a six-unit apartment building.
Where is this apartment building located?
The property is located at 99 Summer St. Biddeford, ME.
What are key features of this property?
This property features: Six‑unit apartment conversion from an original two‑unit building; Unit mix includes 4 one‑bedroom and 2 three‑bedroom apartments; Circa 1900 wood‑frame, 3‑story structure with a mansard roof
(207) 885-5100 Call to check price and availability
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