#1618408, Listing Office: Tindal & Callahan Real Estate
Property details
About 138 Summer St
Welcome to an exceptional investment opportunity in the heart of Southern Maine! Located on a large lot with potential development opportunity, this beautiful 3-unit property in Biddeford offers strong cash flow and long-term upside. Whether you're looking to live in one unit while your tenants help cover the mortgage or seeking a high-performing asset with substantial rental income, this property delivers. It features a spacious 4-bedroom, 2-bath townhouse-style unit—ideal for an owner-occupant—along with two bright and modern 1-bedroom, 1-bath units. With current rents at market value and opportunity for growth. Located just minutes from UNE, Biddeford Pool, sandy beaches, popular restaurants, grocery stores, and convenient highway access, this home offers the perfect blend of comfort, convenience, and investment potential. You may even catch a refreshing ocean breeze right from your front door! Don't miss the chance to tour this rare find! Showings begin at the open house on Wednesday, May 21st from 3:00-4:00 PM and again on Friday, May 23rd from 3:00-4:00 PM. Come explore all the charm, income, and opportunity this property has to offer!
Highlights
Summary
- Full Bathrooms: 4
- Basement: Yes
- Flooring Type: Wood, Vinyl, Tile
- Attached Garage: No
- Parking: 5 - 10 Spaces, Paved
- Architectural Style: Cape Cod
- Heating: Zoned, Hot Water, Ductless, Baseboard
- Cooling: None
- List Price: $699,000
- Annual Tax Amount: $5,416
- Tax Year: 2023
- Lot: Sloped, Open Lot, Neighborhood, Near Public Transit
- Year Built: 1880
- Living Area: 2,362 SqFt
- Lot Size: 0.43 Acres
- MLS Number: 1623244
- MLS Name: Maine Listings
- Office Name: Maine Real Estate Co
- Office Phone: (800) 971-8860
- Office Email: bailey@merealestateco.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 7:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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138 Summer St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 28, 2022 | Home Sold | $502,000 |
Sep 23, 2010 | Home Sold | $58,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $412,800 | $5,416 |
2022 | $249,900 | $4,101 |
2021 | $216,100 | $3,939 |
2020 | $183,400 | $3,677 |
2019 | $183,400 | $3,664 |
History based on county public records data.
Nearby schools
5
Biddeford Intermediate School
Public District 4-5
1.0 mi
•335 Hill St
4
CK Burns School
Public District 3-5
1.4 mi
•135 Middle Street Ext
7
Mildred L Day School
Public District KG-5
4.9 mi
•600 Limerick Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,563. The majority of Biddeford, ME residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
Living in Biddeford, ME
Transportation in Biddeford includes a variety of options for residents and visitors. The city's roadways connect seamlessly to major highways, facilitating travel and commuting. Public transit services are available, offering routes that connect key areas of the city, with schedules designed to accommodate peak hours and essential travel needs. The community is increasingly focused on enhancing walkability and bikeability, with dedicated paths and lanes for pedestrians and cyclists. Ride-sharing services are operational in the area, providing an alternative mode of transportation for those seeking convenience.
Biddeford features a comprehensive array of services, including a network of public schools that serve the city's youth from elementary through high school levels. The city also has private educational institutions, catering to a range of academic preferences. Healthcare is accessible through local clinics and a regional hospital that provides a spectrum of services from primary care to specialized treatments. Retail and dining options are plentiful, with an emphasis on local businesses that reflect the city's cultural diversity. Public initiatives are in place to continually improve these services, adapting to the needs of a growing population.
Biddeford is celebrated for its blend of small-town charm and emerging urban amenities. The community prides itself on its revitalized downtown area, which hosts local events and festivals that showcase the city's cultural vibrancy and heritage. The presence of art galleries, local theaters, and public spaces contribute to the city's character, offering residents and visitors alike a sense of belonging and community engagement.
The housing landscape in Biddeford is diverse, with a mix of single-family homes, apartments, and townhouses. Architectural styles range from historic New England colonials to contemporary designs, reflecting the city's rich history and modern growth. The market is primarily composed of single-family homes, with a significant portion of residences built in the late 20th century. The homeownership rate in Biddeford is robust, with a majority of residents owning their homes, while a considerable segment of the population opts for renting.
About 138 Summer St
The listing price of 138 Summer St property is $699,000.
The property 138 Summer St is a house located in Biddeford, Maine, 04005.
Active Listing: 138 Summer St is Active, which means the seller is accepting offers.
The nearby schools for 138 Summer St are: Biddeford Intermediate School (GreatSchools Rating 5/10), CK Burns School (GreatSchools Rating 4/10), Mildred L Day School (GreatSchools Rating 7/10), Biddeford Middle School (GreatSchools Rating 2/10), Saco Middle School (GreatSchools Rating 5/10), Loranger Memorial School (GreatSchools Rating 2/10), Biddeford High School (GreatSchools Rating 4/10), Old Orchard Beach High School (GreatSchools Rating 4/10), Kennebunk High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $5,416 (source: MLS/based on county public records data).
The last sale was on March 28, 2022 for $502,000 (source: MLS/tax record).
The property at 138 Summer St has 4 bathrooms.
The property 138 Summer St is 2,362 SqFt (source: MLS/tax record).
The year of construction for 138 Summer St is 1880.
This home is located at 138 Summer St in Biddeford, ME and zip code 04005. This 2,362 square foot home, which was built in 1880, sits on a 0.43 acre lot. Features: 4 bathrooms. It is currently priced at $699,000.