12 Kossuth St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated payment $3,901/month
Highlights
- Colonial Architecture
- Main Floor Bedroom
- Detached Garage
- Property is near public transit
- No HOA
- Walk-In Closet
About This Home
Excellent investment opportunity in the heart of downtown Biddeford! This 3-unit property offers a strong rental history and potential for increased cash flow. Unit 201 was fully remodeled in 2020, and Unit 202 was updated in 2014. Major system upgrades include a new boiler, hot water heater, and oil tank installed in 2023. Enjoy a prime location just steps from the Biddeford mills, restaurants, local shops, and hotels—all within a one-mile radius. Whether expanding your portfolio or entering a thriving market, this is a standout opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,237
Year Built
- Built in 1900
Lot Details
- 5,663 Sq Ft Lot
Home Design
- Colonial Architecture
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Membrane Roofing
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,831 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- Main Floor Bedroom
- Walk-In Closet
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Exterior Basement Entry
- Sump Pump
Parking
- Detached Garage
- Carport
- Common or Shared Parking
- Shared Driveway
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Patio
- Outbuilding
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 161
- Assessor Parcel Number BIDD-000038-000000-000161
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $16,287
- Gross Income $41,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,237 | $438,600 | $125,000 | $313,600 |
| 2023 | $5,697 | $434,200 | $125,000 | $309,200 |
| 2022 | $4,734 | $288,500 | $61,400 | $227,100 |
| 2021 | $4,528 | $248,400 | $50,200 | $198,200 |
| 2020 | $4,002 | $199,600 | $39,100 | $160,500 |
| 2019 | $3,588 | $179,600 | $39,100 | $140,500 |
| 2018 | $3,538 | $179,600 | $39,100 | $140,500 |
| 2017 | $3,291 | $164,000 | $39,100 | $124,900 |
| 2016 | $3,257 | $164,000 | $39,100 | $124,900 |
| 2015 | $3,193 | $164,000 | $39,100 | $124,900 |
| 2014 | $2,924 | $164,000 | $39,100 | $124,900 |
| 2013 | -- | $196,700 | $62,700 | $134,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Price Changed | $609,900 | -3.6% | $215 / Sq Ft |
| 04/15/2025 04/15/25 | For Sale | $633,000 | +175.2% | $224 / Sq Ft |
| 05/31/2018 05/31/18 | Sold | $230,000 | +15.0% | -- |
| 04/15/2018 04/15/18 | Pending | -- | -- | -- |
| 04/09/2018 04/09/18 | For Sale | $200,000 | +21.2% | -- |
| 07/02/2012 07/02/12 | Sold | $165,000 | -8.0% | -- |
| 06/20/2012 06/20/12 | Pending | -- | -- | -- |
| 08/10/2011 08/10/11 | For Sale | $179,300 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $35,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $228,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $225,834 | FHA | |
| Closed | $162,011 | FHA | |
| Closed | $138,100 | FHA | |
| Closed | $146,160 | FHA |
Source: Maine Listings
MLS Number: 1619123
APN: BIDD-000038-000000-000161
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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