Set within a quiet pocket near the Saco River, this multifamily $475,000

Lot For Sale near Saco River

Set within a quiet pocket near the Saco River, this multifamily opportunity includes two updated 3-bedroom residences. The building presents an excellent chance for investors seeking a value-driven investment in a sought-after location. Each residence features a private entrance and a 3-bedroom layout that feels comfortable rather than compressed. The first floor apartment was fully renovated in 2017 with a new kitchen, bath, and flooring, then refreshed again in December 2025 with updated kitchen flooring and interior paint. Upstairs, the living space has been opened to create a more natural flow between the living and dining areas, with refinished wood floors, new countertops, and new lower cabinetry. Stair carpeting is scheduled to be replaced March 3rd. Each unit includes its own dedicated driveway, and a small backyard with a storage shed, offering useful outdoor space. The setting is equally as compelling! Situated directly along the banks of the Saco River, this property offers a rare combination of serene waterfront living and urban convenience. Residents can enjoy a peaceful stroll along the river's edge or head just a half-mile down the street to immerse themselves in Biddeford's vibrant, revitalized downtown. The home is perfectly positioned for exploring the area's top amenities, located only a 3-minute drive or a pleasant 10-minute walk from the historic mill district, including the acclaimed Lincoln Hotel, local breweries, and the scenic Biddeford-Saco RiverWalk trail system. Open House scheduled for Wednesday, February 25th from 12 - 1pm, no appointment necessary!