365 Main Street, Biddeford, ME 04005

$1,040,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1659075

Property Type: Multi-Family Baths: 5 Square Footage: 3,705 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $1,040,000 List Date: 4/24/2026 Last Modified: 5/14/2026

Overview

Description

Welcome to 365 Main Street. Exceptionally well maintained 5 unit building with solid mechanical systems located in the heart of the revitalized down town. Walking distance to all cafes, shops, restaurants, Riverwalk & Amtrak. Seller has owned these buildings for a very long time and is retiring. Excellent long term tenants is the reason for below market rents. Most of the tenants are ''Tenants At Will'', which will allow the rental income to catch up to the current market rate. If you're looking for an extremely well maintained building, then you need to view this property. It's not often a clean building like this comes to the market. SHOWINGS ARE TUESDAYS AT 12:00 & FRIDAYS AT 12:00. 48 HOUR NOTICE IS REQUIRED.

Listing Details MLS# 1659075

Location Information

Street #: 365
Street Name: Main
Street Type: Street
County: York
Town: Biddeford
State/Province: ME
Zip Code: 04005
Leased Land: No
Book: 13261
Page: 132-134
Map: 37
Lot: 39
Zoning: B1
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 7666
Tax Year: 2026
Tree Growth Y/N: No

Contract Information

Original List Price: 1040000

Property Information

Surveyed: Yes
Seasonal: No
Number of Units: 5
Total Baths: 5
Total Full Baths: 5
Year Built: 1900
SqFt Finished Above Grade: 3705
SqFt Finished Total: 3705
SqFt Source: Public Records
Garage: Yes
Garage Spaces: Yes
Lot Size Acres +/-: 0.15
Source of Acreage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0

Water Info

Water Frontage: No
Water View: No

Building Info

# Heating Units: Yes
# Water Heaters: Yes

Units

# of 1 BD Units: 2
# of 2 BD Units: 3

More Information

Unit 1

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 800
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 750
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 850
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 825
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 775
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Vehicle Storage

Attached: Yes
1 Car: Yes

Site

Level: Yes
Sidewalks: Yes

Location

Intown: Yes
Near Shopping: Yes
Neighborhood: Yes

Roads

Public: Yes

Transportation

Major Road Access: Yes
Public Transport Access: Yes
Rail Available: Yes

Style

Other: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes
Unfinished: Yes

Foundation Materials

Granite: Yes
Poured Concrete: Yes

Exterior

Vinyl Siding: Yes

Roof

Pitched: Yes
Shingle: Yes

Heat System

Baseboard: Yes
Direct Vent Furnace: Yes
Hot Water: Yes
Radiator: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 48000
Operating Expenses: 15423.25

Cooling

None: Yes

Floors

Carpet: Yes
Laminate: Yes
Linoleum: Yes
Wood: Yes

Parking

1 - 4 Spaces: Yes
On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Interior: Yes

Water Heater

Off Heating System: Yes

Amenities

Laundry - Coin: Yes

Property Features

Site: Level; Sidewalks Location: Intown; Near Shopping; Neighborhood Roads: Public Transportation: Major Road Access; Public Transport Access; Rail Available Style: Other Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Foundation Materials: Granite; Poured Concrete Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Baseboard; Direct Vent Furnace; Hot Water; Radiator Heat Fuel: Gas Natural Water Heater: Off Heating System Cooling: None Floors: Carpet; Laminate; Linoleum; Wood Amenities: Laundry - Coin Driveway: Paved Parking: 1 - 4 Spaces; On Site; Paved Vehicle Storage: 1 Car Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Income & Expenses ›

Property Disclosures ›

Boundary Plan ›

Deed ›

Lead Paint ›

Arsenic Treated Wood ›

IDX

Listing Office: Realty Sales Inc

Last Updated: May - 14 - 2026

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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.