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$495,000
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Property 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. 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.
Full Property Details
Full Property Details for 20 Porter St
General
- Sold For: $495,000
- Taxes: $4,483 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1609772
- Added to Site: 500 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living
- Flooring: Wood, Vinyl, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Other Rooms
- Laundry: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
Exterior
- Porch/Patio/Deck: Glass Enclosed
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: 1 - 4 Spaces, Paved, On-Site Parking
Location
- County: York
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Forced Air, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: New Englander
- Construction: Vinyl Siding, Block, Wood Frame
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 3063
- Square Feet: 3,063
- Living Area: 3,063 Sq. Ft.
- Finished Total: 3,063 Sq. Ft.
- Finished Above Grnd: 3,063 Sq. Ft.
- Year Built: 1939
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size Source: Public Records
- Zoning: Residential
- Lot Description: Corner Lot, Level, Sidewalks, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Financial Considerations
- Tax Amount: $4,483
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 334
Listed by Dream Home Realty LLC (207) 300-4663
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Schools
Schools serving 20 Porter St
School District:Biddeford
| Name | Grades | Distance |
|---|---|---|
John F Kennedy Memorial School 64 West Street, Biddeford, ME 04005 | PK-K | 0.8 mi |
Biddeford Primary School 320 Hill Street, Biddeford, ME 04005 | 1-3 | 1 mi |
Biddeford Intermediate School 335 Hill Street, Biddeford, ME 04005 | 4-5 | 1.1 mi |
Biddeford High School 20 Maplewood Avenue, Biddeford, ME 04005 | 9-12 | 0.9 mi |
Biddeford Middle School 25 Tiger Drive, Biddeford, ME 04005 | 6-8 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 Porter St
Date
Details
Price
Change
Source
1/31/2025
Sold
$495,000
3.34%
MLS
11/19/2024
Listed
$479,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20 Porter Street, Biddeford, ME 04005 (MLS# 1609772) is a Multi-Family property that was sold at $495,000 on January 31, 2025. Want to learn more about 20 Porter Street? Do you have questions about finding other Multi-Family real estate for sale in Biddeford? You can browse all Biddeford real estate or contact a Coldwell Banker agent to request more information.


