50 Mason Street Biddeford, ME
Fully rented three-unit property offering immediate income with future owner-occupancy potential. Unit mix includes a spacious multi-level 3-bedroom, 1.5 bath unit, a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Recent updates include a new roof and new deck. Ample off-street parking with a six-car lot. Situated on a quiet dead-end street just minutes from downtown Biddeford, offering easy access to local shops, restaurants and everyday amenities.
Broker for this Listing:
Kathy Apon
50 Mason Street
Biddeford, ME 04005
$589,900 | MLS #1658490 | Active
Listed by: Greater Portland Realty
Source: Maine Listings | Date on Market: 4/21/2026
Property Type
Multi-Family Residence | Style: Colonial | 3 Units | Year Built: 1899 | Zoning: R1B
Dimensions
Total Living Area: 2,766 sq ft | Lot Size: 0.17 acres | Price per sq ft: $213
Bedrooms & Baths
6 Bedrooms | 3 Full Bathrooms | 1 Half Bathroom | Total Baths: 4
Unit Breakdown
Unit 1 (First Floor): 2 Bedrooms, 1 Full Bath, 4 Rooms | Rent: $1,550/mo
Unit 2 (Second Floor): 1 Bedroom, 1 Full Bath, 3 Rooms | Rent: $1,200/mo
Unit 3 (Second Floor): 3 Bedrooms, 1 Full Bath, 1 Half Bath, 6 Rooms | Rent: $1,600/mo
All units leased with security deposits. Each unit has a dedicated electric meter, range and refrigerator included.
Income & Expenses
Gross Annual Income: $52,200 | Monthly Income: $4,350 | Operating Expenses: $9,394 | Net Operating Income: $42,806
Interior Features
Flooring: Hardwood, Laminate. Basement: Full with Walk-Out Access (Exterior Entry Only). Foundation: Brick/Mortar. Heating: Forced Air, Hot Water (Gas Bottled, Oil). Cooling: None. Water Heater: Electric. Electric: Circuit Breakers. 3 Heating Units.
Lot & Exterior Features
0.17-acre corner lot, rolling/sloping terrain. Wood frame construction with vinyl siding. Shingle roof (new). Deck (new). Paved driveway with 5–10 on-site paved parking spaces. No garage. Public water and public sewer. Bottled gas.
Location
Intown location on a quiet dead-end street, minutes from downtown Biddeford. Easy access to local shops, restaurants and everyday amenities. Near major road access. York County.
Directions: Rt. 1 to Elm St. to Mason St.
Financial Details
List Price: $589,900 | Original List Price: $599,900 | Annual Taxes: $6,167 (2025) | Tax ID: BIDD-000037-000000-000097 | Price per sq ft: $213 | No HOA | No association fees.
Quick Summary
Property Type: Multi-Family (3 Units)
Style: Colonial
Price: $589,900
Living Area: 2,766 sq ft
Lot Size: 0.17 acres
Bedrooms / Baths: 6 BR / 4 BA (3 Full, 1 Half)
Gross Income: $52,200/yr
Operating Expenses: $9,394/yr
Parking: 5–10 paved on-site spaces
Year Built: 1899
Zoning: R1B
Taxes: $6,167 (2025)
MLS #: 1658490
Listed By: Greater Portland Realty