#1622152, Listing office: Keller Williams Realty
Property details
About 59 Washington St
Investor-ready and ideally located, 59 Washington Street is a well-maintained two-unit multifamily property offering excellent income potential in one of Southern Maine's fastest-growing cities. Situated in a highly desirable neighborhood just off of Main Street, this property boasts strong long-term rental history, stable tenants, and low operating expenses—making it an ideal addition to any investment portfolio or a perfect owner-occupied opportunity. Each unit features efficient layouts, updated systems, and separate utilities for tenant convenience and landlord efficiency. With minimal overhead and consistent cash flow, this property delivers impressive returns for such a compact property. Off-street parking, a walkable location, and proximity to downtown shops, restaurants, breweries, and the Saco River enhance tenant appeal and long-term value. Biddeford continues to attract attention for its revitalized mill district and thriving local economy—making this a smart buy in a market with strong upward momentum. A prior owner had plans approved in 2006 with the city to add a third story. A copy is available. Group showings start on Saturday, June 14th from 11am-1pm and Tuesday, June 17th from 11am-1pm. Individual showings available upon request with 24 hour notice. Seller is a Maine real estate licensee. This property is zoned MSRD-1 and has commercial applications as well. Check with the city for potential uses.
Highlights
Summary
- Full Bathrooms: 2
- Basement: Yes
- Flooring Type: Laminate
- Interior: Bathtub
- Attached Garage: No
- Parking: No Parking, No Driveway
- Exterior: Fence
- Architectural Style: Other
- Heating: Ductless
- Cooling: None
- List Price: $420,000
- Annual Tax Amount: $2,005
- Tax Year: 2023
- Lot: Level, Sidewalk
- Year Built: 1920
- Living Area: 896 SqFt
- Lot Size: 0.02 Acres
- MLS Number: 1626391
- MLS Name: Maine Listings
- Office Name: EXP Realty
- Office Phone: (888) 439-8743
- Office Email: me.broker@exprealty.net
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: 6/14/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$420,000
59 Washington St
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $152,800 | $2,005 |
2022 | $101,300 | $1,662 |
2021 | $86,400 | $1,575 |
2020 | $71,600 | $1,435 |
2019 | $71,600 | $1,431 |
History based on county public records data.
Nearby schools
4
CK Burns School
Public District 3-5
1.0 mi
•135 Middle Street Ext
5
Biddeford Intermediate School
Public District 4-5
1.4 mi
•335 Hill St
7
Mildred L Day School
Public District KG-5
5.2 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 $35,784. The most common annual income of people living in Biddeford, ME is less than $<35k. Typical family type is single, no kids. The majority of 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 59 Washington St
The listing price of 59 Washington St property is $420,000.
The property 59 Washington St is a house located in Biddeford, Maine, 04005.
Active Listing: 59 Washington St is Active, which means the seller is accepting offers.
The nearby schools for 59 Washington St are: CK Burns School (GreatSchools Rating 4/10), Biddeford Intermediate School (GreatSchools Rating 5/10), 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 $2,005 (source: MLS/based on county public records data).
The property at 59 Washington St has 2 bathrooms.
The property 59 Washington St is 896 SqFt (source: MLS/tax record).
The year of construction for 59 Washington St is 1920.
This home is located at 59 Washington St in Biddeford, ME and zip code 04005. This 896 square foot home, which was built in 1920, sits on a 0.02 acre lot. Features: 2 bathrooms. It is currently priced at $420,000.