Sold
Last Sold Price
40 Water St, Biddeford, ME 04005
Multi FamilyProperty Type
3,920 sq ftLot Size
1920Year Built

Description

This fully occupied 3-unit is located at the foot of the newly revitalized "Mission Hill" neighborhood and overlooks the Saco River. Directly across from Mechanics Park and North Dam Mill, it offers easy access to public transportation (bus and rail), I-95 as well as walking distance to local restaurants. Each unit has washer/dryer hook-up and many interior updates with historical character and charm.This fully occupied 3-unit is located at the foot of the newly revitalized "Mission Hill" neighborhood and overlooks the Saco River. Directly across from Mechanics Park and North Dam Mill, it offers easy access to public transportation (bus and rail), I-95 as well as walking distance to local restaurants. Each unit has washer/dryer hook-up and many interior updates with historical character and charm.
  • Listed by: Michael Gagnon 207.767.3497 mwebster@downeastrealty.com • Downeast Realty, Inc.
Listing closed: 02/28/2017 12:00 AM • Source: Maine Listings, MLS#: 1262529

Recent comparable sales

Median sold price

$480,000

Avg days on market

54

Sale-to-list ratio

90.7%

Biddeford, ME

9 comparable properties found

$100,000 | 74 Summer Street, Biddeford, ME 04005
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1

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Unavailable
Bedrooms
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Square Feet
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$248,000 | 8 Pinette Avenue, Biddeford, ME 04005
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Unavailable
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Square Feet
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$525,000 | 84 Pike Street, Biddeford, ME 04005
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Unavailable
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$613,900 | 99 Hill Street, Biddeford, ME 04005
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$555,000 | 12 Kossuth Street, Biddeford, ME 04005
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Unavailable
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$620,000 | 201 Cleaves Street, Biddeford, ME 04005
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Unavailable
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Square Feet
0.33
Acres
$480,000 | 10-12 Maple Street, Biddeford, ME 04005
1/42
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Sold 03/13/26

Unavailable
Bedrooms
2,644
Square Feet
0.28
Acres
$450,000 | 20 Green Street, Biddeford, ME 04005
1/49
8

$450,000

Sold 08/18/26

Unavailable
Bedrooms
2,144
Square Feet
0.11
Acres
$430,000 | 39 Green Street, Biddeford, ME 04005
1/16
9

$430,000

Sold 12/12/25

Unavailable
Bedrooms
2,872
Square Feet
0.1
Acres

Location

Listing Courtesy of Downeast Realty, Inc.

Sold By Coldwell Banker Realty

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$943 per month

30 year fixed, 6.55% Interest

Principal and Interest

$757

Property Taxes

$186

HOA Dues

$0

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Property Information for 40 Water Street

Property Details
  • Taxes: $2,231 / year
  • MLS Type: Multi-Family
  • County: York County
  • Architectural Style: Other, Colonial
  • Style: Colonial, Other
  • Has Waterfront: No
  • Zoning: R2
Building Information
  • Stories: 3
  • Residences: 3
  • Year Built: 1920
  • Lot Size: 0.09 AC / 3,920 SF
Summary
Location and General Information
  • Water View: Yes
  • Location: Intown
  • Page: 666
  • Latitude: 43.491921
  • Longitude: -$70.45
  • Transportation: Public Transport Access
  • Water Body Type: River
  • Water Body Name: Saco River
Taxes and HOA
  • Association: No
  • Parcel Number: BIDD-000041-000000-000115
  • Tax Lot: 115
  • Tax Book Number: 16932
  • Tax Map Number: 41
  • Tax Year: 2015
  • Tax Annual Amount: $2,231.00
Parking
  • Parking Features: No Driveway, Off Site, Paved, Off Street
  • Parking: Off Site, Paved, Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
Property
Lot Information
  • Lot Features: Level, Intown, Near Public Transit
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 3920.4
  • Lot Size Units: Acres
  • Roads: Public
  • Road Frontage: false
  • Site: Level
Property and Assessments
  • Property Type: Multi-Family
  • Construction: Wood Frame
  • Year Built: 1920
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Construction Materials: Other Exterior, Wood Frame
  • Stories: 3
Utilities
  • Heat Fuel: Oil
  • Electric: Fuses, Circuit Breakers
  • Gas: No Gas
  • Recreational Water: Nearby, River/Brook/Stream
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
  • Utilities On: No
Interior and Exterior Features
Exterior Features
  • Exterior: Other Exterior
  • Roof: Pitched, Shingle
  • Driveway: No Driveway
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Basement: Full, Not Applicable, Unfinished
  • Basement: Full, Unfinished
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Has Heating: Yes
  • Flooring: Vinyl, Carpet
Multi Family
Multi Family Information
  • # of 2 BD Units: 2
  • # of 3 BD Units: 1
  • Number Of Units Total: 3
Rental
Rent Information
  • Land Lease: No

Property History for 40 Water Street

DateEvent & SourcePriceAppreciation
Feb 28, 2017

Sold

Maine Listings #1262529

$149,000
Dec 20, 2016

Pending

Maine Listings #1262529

May 13, 2016

Listed (Active)

Maine Listings #1262529

$155,000
DateEvent & SourcePrice
02/28/2017

Sold

Maine Listings #1262529

$149,000
12/20/2016

Pending

Maine Listings #1262529

05/13/2016

Listed (Active)

Maine Listings #1262529

$155,000

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

Public Records for 40 Water Street

Taxable ValueLand$119,300Additions$173,300Total$292,600
Tax Record2025$4,371 ($364 / month)
Home Facts
Baths3Total Finished SqFt3,494 SqFtAbove Grade Finished SqFt3,494 SqFtUnfinished Basement SqFt1,344 SqFtStories3Lot Size3,920 SqFtStyleTriplexYear Built1920Year Renovated1920ZoningMSRD2CountyYORKAPNBIDD M:41 L:115

Schools near 40 Water Street

This home is within Biddeford Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 4
Public - 5 to 7
Public - 8 to 12
Rating
School
Distance
Biddeford Primary School
PublicK to 2

Biddeford Intermediate School
Public3 to 4

Biddeford Middle School
Public5 to 7

Biddeford High School
Public8 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 40 Water Street, Biddeford, ME 04005
$149,000
3,920
$35,000
3,049
$450,000
1,440
2,613
$260,000
3,896
10,018
3
2,241
60,113
15
11,952
9,583

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Downeast Realty, Inc.

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