20 Vincent Avenue
20 Vincent Avenue
20 Vincent Avenue
20 Vincent Avenue
20 Vincent Avenue
20 Vincent Avenue
20 Vincent Avenue
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For Sale

20 Vincent Avenue

20 Vincent Avenue, Biddeford, ME 04005

$825,000

Four-Unit Multifamily Investment in the Heart of Biddeford

Opportunity awaits at 20 Vincent Avenue, a four-unit multifamily property featuring four 2-bedroom, 1-bath apartments in a convenient in-town location.

Each apartment offers a functional layout with separate living and kitchen areas, bright interior spaces, and hardwood flooring in many rooms. Off-street parking adds everyday convenience, while three of the four apartments are currently occupied on a month-to-month basis, providing flexibility for future ownership and investment strategies.

Located just minutes from Downtown Biddeford, the property offers convenient access to restaurants, breweries, shops, parks, businesses, everyday amenities, and major commuter routes.

The property may be purchased individually or together with the adjoining property at 17 Willett Street, creating a combined investment offering with six residential units, six oversized garage bays, shared parking, and multiple income streams.

A Rare Opportunity in Biddeford

Two Properties. One Investment.

Acquire 20 Vincent Avenue together with the adjoining property at 17 Willett Street to create a diversified multifamily investment with residential and garage rental income.

6
Residential Units
6
Oversized Garage Bays
Multiple
Income Streams

Continue operating the properties under their current income structures or evaluate new leasing and parking strategies over time. The adjoining parcels and complementary property features provide flexibility for a variety of ownership and management plans.

A Flexible Four-Unit Investment

With four similarly configured apartments, existing month-to-month occupancy, off-street parking, and convenient access to Downtown Biddeford, 20 Vincent Avenue offers a strong foundation for a variety of ownership and investment strategies.

🏡 Property Highlights
  • Four residential apartments
  • Four 2-bedroom units
  • One full bathroom per apartment
  • Functional interior layouts
  • Separate living and kitchen areas
  • Bright interior spaces
  • Hardwood flooring in many rooms
  • Off-street parking
💰 Investment Highlights
  • Established four-unit property
  • Four residential income streams
  • Three month-to-month occupancies
  • Flexibility for future ownership
  • Consistent apartment configurations
  • Portfolio expansion opportunity
  • Available individually or with 17 Willett Street
  • Combined six-unit investment potential
🛋️ Apartment Features
  • Two bedrooms in each unit
  • One bathroom in each unit
  • Separate kitchen spaces
  • Separate living areas
  • Natural light throughout
  • Traditional room layouts
  • Hardwood flooring in many areas
  • Independent residential spaces
📍 Location Highlights
  • Minutes from Downtown Biddeford
  • Restaurants and breweries nearby
  • Convenient access to local shops
  • Parks and recreation nearby
  • Close to everyday amenities
  • Access to major commuter routes
  • Convenient Southern Maine location
  • Growing business district nearby

Four Consistently Configured Apartments

The property offers four apartments, each featuring two bedrooms and one full bathroom. The consistent unit mix may simplify marketing, leasing, and ongoing management.

Each unit includes separate kitchen and living areas, creating clearly defined spaces for everyday use. Bright interiors and hardwood flooring in many rooms add traditional character while maintaining practical residential layouts.

The four-unit configuration provides income from multiple apartments within one property, making it an option for both established investors and buyers entering the multifamily market.

Existing Occupancy with Future Flexibility

Three of the four apartments are currently occupied on a month-to-month basis. This provides existing occupancy while allowing future ownership to evaluate each unit and establish plans based on individual investment goals.

Month-to-month arrangements may offer flexibility when considering future lease structures, rental adjustments, unit improvements, or other management strategies, subject to all applicable lease terms and Maine laws.

Prospective buyers should independently review all rental agreements, notices, deposits, payment histories, and occupancy information as part of their due diligence.

Convenient Off-Street Parking

Off-street parking provides an important everyday convenience in an in-town multifamily setting and supports the practical operation of the property.

When purchased with adjoining 17 Willett Street, the shared parking area creates additional flexibility when evaluating residential and garage leasing strategies.

Purchase Individually or as a Combined Investment

Purchase 20 Vincent Avenue
Acquire a four-unit multifamily property with four 2-bedroom apartments, existing occupancy, and off-street parking.

Purchase Both Properties
Combine 20 Vincent Avenue with adjoining 17 Willett Street for a total of six residential units and six oversized garage bays.

Diversify Income Sources
Generate income from residential apartments and separately leased garage bays across the adjoining properties.

Evaluate Future Strategies
Consider different leasing, parking, maintenance, and management approaches as market conditions and ownership goals evolve.

Combined Property Overview

20 Vincent Avenue

17 Willett Street

Combined

Residential Units

4

2

6

Garage Bays

None

6

6

2-Bedroom Units

4

2

6

The properties are being marketed separately and may also be purchased together. Buyers should inquire for additional information regarding the combined offering.

Minutes from Downtown Biddeford

20 Vincent Avenue is positioned near the restaurants, breweries, shops, businesses, parks, and amenities that continue to shape Downtown Biddeford.

The historic downtown and mill district include a growing mix of local businesses, dining destinations, creative spaces, professional services, residences, and community gathering places.

The property also provides convenient access to major commuter routes, connecting residents with Saco, Portland, surrounding employment centers, coastal destinations, and communities throughout Southern Maine.

Nearby Amenities and Destinations

Downtown Biddeford
Restaurants, breweries, shops, coffee houses, businesses, and community destinations.

Historic Mill District
A revitalized district with residences, businesses, restaurants, fitness facilities, and creative spaces.

Local Parks
Access to neighborhood parks, trails, recreation areas, and public spaces.

Shopping and Services
Grocery stores, healthcare, professional services, retail businesses, and everyday conveniences nearby.

Regional Transportation
Convenient access to major commuter routes and regional transportation options.

Southern Maine Coast
Biddeford's coastal areas and nearby beaches offer access to recreation and scenic destinations.

Evaluating the Investment

Prospective buyers should independently review all rental agreements, occupancy information, rental amounts, security deposits, payment histories, utility responsibilities, operating expenses, maintenance records, and other financial documents associated with the property.

Buyers should also verify permitted uses, occupancy requirements, parking arrangements, fire and life safety requirements, building code compliance, parcel boundaries, and any proposed changes with the City of Biddeford and other applicable authorities.

All measurements, property details, financial information, and future investment possibilities should be independently verified by the buyer as part of their due diligence.

8
beds

4
baths

3,224 Sq.Ft. LIVING AREA

0.12 Acres lot

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms4
  • full bathrooms4
  • Flooring Carpet, Wood

Area & Lot

  • Status For Sale
  • Living Area3,224 Sq.Ft.
  • Total Area3,224 Sq.Ft.
  • Lot Area0.12 Acres
  • MLS® ID1673816
  • TypeMulti-Family
  • YEAR BUILT1940
  • NeighborhoodYork County
  • Architecture StylesNew Englander

Exterior

  • water SourcePublic
  • roofShingle
  • lot featuresNear Shopping, Near Town, Neighborhood, Level
  • parkingPaved, 1 - 4 Spaces
  • HEAT TYPEOil, Hot Water
  • AIR CONDITIONINGNone
  • sewerPublic Sewer

Financial

  • Sales Price$825,000
  • Real Estate Tax $7,129/yr
  • Zoning R2
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Schedule a Showing

We would love to show you this fantastic property. Please select your preferred date and time below. We will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you this fantastic property. Please select your preferred date and time below. We will be in touch shortly to confirm your appointment.
Thank you for your interest in 20 Vincent Avenue, Biddeford, ME 04005. We are reviewing your request and will be in touch shortly!
Derek Goff

Derek Goff

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