38 South St

$1,100,000
Price
6
Beds
4,428 Sq. Ft.
$248 / Sq. Ft.
4,428
Sq. Ft.
$248
per Sq. Ft.

Description

Perfect investment opportunity in a very desirable area of Biddeford. This 5 unit property has been in the same family for several generations. Major renovations have happened throughout the building since 2017. Electrical, plumbing, heating, kitchens, baths, flooring, insulation, this list goes on and on! All units are occupied. OFF STREET PARKING for ALL TENANTS! Each unit has been tastefully remodeled and updated. Positive cash flow right out of the chute.Perfect investment opportunity in a very desirable area of Biddeford. This 5 unit property has been in the same family for several generations. Major renovations have happened throughout the building since 2017. Electrical, plumbing, heating, kitchens, baths, flooring, insulation, this list goes on and on! All units are occupied. OFF STREET PARKING for ALL TENANTS! Each unit has been tastefully remodeled and updated. Positive cash flow right out of the chute.
  1. Listed by Kenneth Jacques • Meservier & Associates

Property Details for 38 South Street

Waterfront
No
ArchitecturalStyle
Colonial
Garage
No
Zoning
MSRD2
LISTING UPDATED: 12/04/2025 11:42 AM

Property Details for 38 South Street

StatusPending
MLS #1642796
Days on Market7
Taxes$8,324 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1875
Lot Size0.14 AC / 6,098 SF
CountyYork County

Location

Listing Courtesy of Meservier & Associates
Add your commute

Building Information for 38 South Street

Stories-Residences5Year Built1875Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$6,129 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,435

Property Taxes

$694

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38 South Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 2421
  • Town: Biddeford
  • State/Province: ME
  • Zip Code: 04005
  • County: York
  • Geo Latitude: 43.492985
  • Geo Longitude: -70.458297
  • Tax Lot: 190
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 18596
  • Tax Map Number: 38
  • Tax Year: 2025
  • Parcel Number: BIDD-000038-000000-000190
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $8,324.00
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 4428.0
  • Lot Size Acres: 0.14
  • Source of Acreage: Public Records
  • Building Area Total: 4428.0
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6098.4
  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Street Number: 38
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Total Half Baths: 1.00
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1875
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Interior, Walk-Out Access, Full, Unfinished
  • Flooring: Vinyl, Laminate
  • Cooling: Heat Pump
  • Heating: Heat Pump, Baseboard
  • Foundation Details: Stone, Granite, Concrete Perimeter, Brick/Mortar
  • Bathrooms Total (Integer): 6
  • Bathrooms Total (Decimal): 5.50
  • Bathrooms Total (Notational): 5.10
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $110,400.00
  • Operating Expenses: $31,075.00
Multi-Family Information
  • Number of Units: 5
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,800.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 1.00
  • 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: $2,000.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • 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 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Third
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,700.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: First
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $1,500.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 3.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: Second
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $2,200.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: 1.00
  • Unit 5:# of Rooms: 3.00
  • Unit 5:# of Bedrooms: 1.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 20
  • Unit 20:Heat: Yes
  • Unit 20:Range: Yes
  • Unit 20:Sewer: Yes
  • Unit 20:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 4
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 38 South Street

DateEvent & SourcePriceAppreciation
Nov 12, 2025

Pending

Maine Listings #1642796

Nov 12, 2025

Active Under Contract

Maine Listings #1642796

Nov 4, 2025

Listed (Active)

Maine Listings #1642796

$1,100,000
DateEvent & SourcePrice
11/12/2025

Pending

Maine Listings #1642796

11/12/2025

Active Under Contract

Maine Listings #1642796

11/04/2025

Listed (Active)

Maine Listings #1642796

$1,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38 South Street

Taxable ValueLand$123,100Additions$425,900Total$549,000
Tax Record2024$7,807 ($651 / month)
Home Facts
Baths3Total Finished SqFt4,428 SqFtAbove Grade Finished SqFt4,428 SqFtUnfinished Basement SqFt2,394 SqFtStories3Lot Size6,098 SqFtStyleTriplexYear Built1800ZoningMSRD2CountyYORKAPNBIDD M:38 L:190Fireplace TypeHas Fireplace

Schools near 38 South 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.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Meservier & Associates

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.