3-UNIT MULTI FAMILY ON A CORNER LOT WITH PARKING Across from Biddeford Adult Education 4,428 SF well-maintained building on a corner lot Three Three Bedroom Units Ample on-site parking Fully rented—great income and/or owner-user property SALE PRICE: $450,000
Multi-familyProperty Type
1900Year Built
3,920 sq ftLot Size
$165Est. Price/Sq.Ft.
5 spacesParking
Listed by Cheryl {Cheri} Bonawitz• Malone Commercial Brokers, Inc.
Listed by Karen Rich• Malone Commercial Brokers, Inc.
Bought with Tyler Fournier• Coldwell Banker Realty
Bought with Karen Rich• Malone Commercial Brokers, Inc.
Great owner occupied 3 unit. 1st floor unit with access to basement. Each unit has 4 bedrooms. Second and third floor units rented, three furnaces so that heat/hot water are separate. Very well maintained building. Six space off street parking area.
MREIS #903551
Jul 17, 2008
Listed
$269,900
$61/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,503 (+6.5%)
$126,600 + $308,700
$435,300
2024
$6,106 (+9.5%)
$126,600 + $302,800
$429,400
2023
$5,577 (+20.2%)
$126,600 + $298,500
$425,100
2022
$4,639 (+4.3%)
$64,200 + $218,500
$282,700
2021
$4,446 (+11.4%)
$53,500 + $190,400
$243,900
2020
$3,992 (+0.4%)
$45,500 + $153,600
$199,100
2019
$3,978 (+1.4%)
$45,500 + $153,600
$199,100
2018
$3,922 (+7.5%)
$45,500 + $153,600
$199,100
2017
$3,649 (+1.1%)
$45,500 + $136,300
$181,800
2016
$3,611 (+2.0%)
$45,500 + $136,300
$181,800
2015
$3,540 (−8.6%)
$45,500 + $136,300
$181,800
2013
$3,872
$61,200 + $159,700
$220,900
Tax history for 57 Prospect St
Year
Property tax
Land + Additions
Assessment*
2025
$6,503 (+6.5%)
$126,600 + $308,700
$435,300
2024
$6,106 (+9.5%)
$126,600 + $302,800
$429,400
2023
$5,577 (+20.2%)
$126,600 + $298,500
$425,100
2022
$4,639 (+4.3%)
$64,200 + $218,500
$282,700
2021
$4,446 (+11.4%)
$53,500 + $190,400
$243,900
2020
$3,992 (+0.4%)
$45,500 + $153,600
$199,100
2019
$3,978 (+1.4%)
$45,500 + $153,600
$199,100
2018
$3,922 (+7.5%)
$45,500 + $153,600
$199,100
2017
$3,649 (+1.1%)
$45,500 + $136,300
$181,800
2016
$3,611 (+2.0%)
$45,500 + $136,300
$181,800
2015
$3,540 (−8.6%)
$45,500 + $136,300
$181,800
2013
$3,872
$61,200 + $159,700
$220,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
4,428
Year built
1900
Style
Multi-Family (2-4 Unit)
County
York County
APN
160498
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
R2
Residential Zone
These areas are higher-density multifamily neighborhoods which allow for a mixture of residential uses. These areas are served by water and sewer.
Permitted uses
Include but are not limited to:
Convenience store
Housing-Group
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking Information
Parking Features: 5 - 10 Spaces, Paved
Interior
Bathroom Information
# of Baths (Full): 3
Interior Features
Flooring: Wood, Tile
Multi-Unit Information
# of Units Total: 3
# of 3 Bedroom Units: 3
Operating Expense: $12,030
Gross Income: $52,800
Unit 1 Information
# of Bedrooms: 3
Actual Rent: $1,500
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 3
Actual Rent: $1,500
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 3
Actual Rent: $1,400
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Wood Siding, Shingle Siding, Concrete, Wood Frame
Roof: Flat
Total Building Area (Sq. Ft.): 4,428
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 4,428
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $3,920.40
Lot Size (Acres): 0.09
Lot Size Source: Seller
Lot Features: Open, Level, Near Town
Road Surface Type: Paved
Zoning: R2
Financial
Tax Information
Annual Tax Amount: $3,842
Tax Year: 2019
Utilities
Utility Information
Has Heating
Heating: Hot Water, Forced Air
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Oil
Location
Location Information
Unparsed Address: 57 Prospect Street, Biddeford, ME 04005
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 4,428
Stories: 3.0
Lot Size: 3,920 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: York County
APN: 160498
Home facts updated by county records on Jul 30, 2026
Around this home
Schools
John F Kennedy Memorial School
Public PreK-K • Assigned • 0.7mi
Biddeford High School
Public 8-12 • Assigned • 0.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 90° expected this year, 17 days in 30 years
6/10 Wind Factor
63% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Biddeford, ME • 04005
Average low and high temperatures (°F)
31
14
34
13
46
27
55
36
65
47
77
56
82
62
79
55
73
51
62
41
50
32
36
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$693,000 – $838,000
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