20 Porter Street
Biddeford, ME 04005
$495,000
Last Sold Price
6
Beds
2
Baths
3,063 Sq. Ft.
$162 / Sq. Ft.
3,063
Sq. Ft.
$162
per Sq. Ft.
Closed 1/31/25
Closed 1/31/25
Description
Investors take notice! Two unit in one of Maine's fastest growing cities; close to Portland and the ocean as well as easy access to highway. Dining, shopping, and play are all close by. This is a 2-unit income-producing property with great potential. Both units are currently tenant-occupied but below market rates. The property requires some updates and improvements to maximize its value and functionality. With the right repairs it can be brought to its full potential, but it is priced accordingly....Investors take notice! Two unit in one of Maine's fastest growing cities; close to Portland and the ocean as well as easy access to highway. Dining, shopping, and play are all close by. This is a 2-unit income-producing property with great potential. Both units are currently tenant-occupied but below market rates. The property requires some updates and improvements to maximize its value and functionality. With the right repairs it can be brought to its full potential, but it is priced accordingly. Buyers are encouraged to conduct their own due diligence, including inspections, to assess the condition of the property. The units are fully occupied, and there is a strong rental history in place. EXTRA BONUS BEDROOM that is currently part of upstairs unit but on FIRST floor, which makes one of the units a 4 bedroom. This extra room has a closet and access to outside door, easily can be part of downstairs unit instead or rent it separately if town allows mixed use.
- Listed by Alla Sherstyukov • Dream Home Realty LLC
- Listed by Christine Goyet • Dream Home Realty LLC
Property Details for 20 Porter Street
Waterfront
No
ArchitecturalStyleNew Englander
Garage Spaces2.00
GarageYes
ZoningResidential
LISTING UPDATED: 02/01/2025 09:14 AM
Property Details for 20 Porter Street
| Status | Closed |
|---|---|
| MLS # | 1609772 |
| Days on Market | 20 |
| Taxes | $4,483 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1939 |
| Lot Size | 0.15 AC / 6,534 SF |
| County | York County |
Building Information for 20 Porter Street
Stories2Residences2Year Built1939Building Size-Lot Size0.15 AC / 6,534 SF
Property Information for 20 Porter Street
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 3528
- Town: Biddeford
- State/Province: ME
- Zip Code: 04005
- County: York
- Geo Latitude: 43.487949
- Geo Longitude: -70.457242
- Tax Lot: 334
- Site:Corner Lot: Yes
- Site:Level: Yes
- Site:Sidewalks: Yes
- Location:Near Public Beach: Yes
- Location:Near Railroad: Yes
- Location:Near Shopping: Yes
- Location:Near Town: Yes
- Location:Near Turnpike/Interstate: Yes
- Location:Neighborhood: Yes
- Transportation:Public Transport Access: Yes
Parking
- Parking Features: 1 - 4 Spaces, Paved, On Site
- Attached Garage: Yes
Taxes and HOA Information
- Tax Book Number: 14127
- Tax Map Number: 34
- Tax Year: 2023
- Parcel Number: BIDD-000034-000000-000334
- Location Information:Association Y/N: No
- Tax Annual Amount: $4,483.00
Property
Heating and Cooling
- Water Heater:Off Heating System: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 3063.0
- Lot Size Acres: 0.15
- Source of Acreage: Public Records
- Building Area Total: 3063.0
- Lot Size Area: 0.15
- Lot Size Units: Acres
- Lot Size Square Feet: 6534.0
- Bathrooms Full: 2
- Bathrooms Half: 0
- Street Number: 20
- Property Information:Surveyed: No
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Short Sale Continue to Show: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Deed Restrictions: Unknown
- Property Information:Bank Owned REO: No
- Property Information:2 Detached Houses on 1 Lot: No
- Property Information:Total Half Baths: .00
- Property Information:Color: White
Parking
- Driveway:Paved: Yes
Property and Assessments
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1939
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Block, Wood Frame
- Vehicle Storage:2 Car: Yes
- Roof: Shingle
- Patio and Porch Features:Glassed-in Porch: Yes
Interior Features
- Basement: Full, Interior Entry, Unfinished
- Flooring: Wood, Vinyl, Laminate
- Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living
- Cooling: None
- Heating: Hot Water, Forced Air, Baseboard
- Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
- # Floors: 2
- Bathrooms Total (Integer): 2
- Bathrooms Total (Decimal): 2.00
- Bathrooms Total (Notational): 2.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $26,790.00
- Operating Expenses: $12,187.00
Multi-Family Information
- Number of Units: 2
- Building Info:# Stories: 2
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $1,400.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 5.00
- Unit 1:# of Bedrooms: 3.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: No
- Unit 1:Electric: No
- Unit 1:Heat: Yes
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: Yes
- Unit 2:Level: Second
- Unit 2:Security Deposit: No
- Unit 2:Monthly Rent: $950.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 8.00
- Unit 2:# of Bedrooms: 3.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: No
- Unit 2:Electric: No
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 0
- Units:# of 3 BD Units: 2
- Units:# of 4+ BD Units: 0
Property History for 20 Porter Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 20 Porter Street
Taxable ValueLand$127,200Additions$214,500Total$341,700
Tax Record2023$4,483 ($374 / month)
Home Facts
Baths2Total Finished SqFt3,063 SqFtAbove Grade Finished SqFt3,063 SqFtUnfinished Basement SqFt1,471 SqFtStories2Lot Size6,534 SqFtStyleDuplexYear Built1939ZoningR2CountyYORKAPNBIDD M:34 L:334
Schools near 20 Porter Street
This home is within Biddeford Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 1 to 2 | |||
| Public - | 3 to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Biddeford Primary School Public1 to 2 | ||
Biddeford Intermediate School Public3 to 4 | ||
Biddeford Middle School Public5 to 8 | ||
Biddeford High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Dream Home Realty LLC
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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
