$730,000
SOLD NOV 27, 2024

16 Clifford St Biddeford, ME 04005

Downtown Biddeford Neighborhood
-- Bed
4 Baths
2,700 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

3% Below List Price

30 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • 4 Car Detached Garage
  • 4-minute walk to Clifford Park

About This Home

As of November 2024

Excellent investment opportunity located on the edge of Biddeford's thriving downtown. This cash flowing 4-unit property is just steps away from popular restaurants, breweries, and shops, ensuring a steady demand from tenants who want to be near the vibrant city life. Built in 1880, the 2,700 sq. ft. building spans three renovated floors, with a basement unit that can be upgraded to generate additional rental income.

Two driveways provide complete off-street parking for all tenants, while an oversized garage with designated storage spaces offers added monthly cash flow. This property is well-positioned to deliver consistent rental income and long-term value in a rapidly growing market.

Last Agent to Sell the Property

Dan Letellier

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 09/11/2024

Coldwell Banker Realty

Co-Listed By

CJ Maksut

RE/MAX Realty One Brokerage Phone: 207-282-5988

Last Buyer's Agent

Kelly Sahabo

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,527

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,700 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number BIDD-000041-000000-000093

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $11,160
  • Gross Income $55,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,527

Year Built

Built in 1880

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1039
  • Co List Office Phone: 207-282-5988
  • MLS Status: Closed
  • Directions: From Saco go over bridge and turn left on to Water St then right onto Clifford St. 16 Clifford St on corner of Clifford St & Freeman St.
  • Above Grade Finished Sq Ft: 2700.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1880
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2700.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 55800.0
  • Income Expenses Operating Expenses: 11160.0
  • Style:Multi-Level: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Partial, Interior Entry
  • Full Bathrooms: 4
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Intown, Near Town, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Membrane, Other

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: BIDD-000041-000000-000093
  • Zoning: R2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 55800.0
  • Annual Operating Expense: 11160.0

Tax Info

  • Tax Annual Amount: 5527.0
  • Tax Book Number: 15771
  • Tax Lot: 93
  • Tax Map Number: 41
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $730,000 +4.3% $270 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $699,900 -6.6% $259 / Sq Ft
09/11/2024 09/11/24 For Sale $749,000 -- $277 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dan Letellier

    Seller's Agent in 2024

    Dan Letellier

    Coldwell Banker Realty

    (207) 590-1776

    4 in this area

    91 Total Sales

    Dan Letellier
    Section Image
  • CJ Maksut

    Seller Co-Listing Agent in 2024

    CJ Maksut

    RE/MAX

    (207) 756-4334

    2 in this area

    46 Total Sales

    CJ Maksut
    Section Image

  • K

    Buyer's Agent in 2024

    Kelly Sahabo

    EXP Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1603392

Maine Listings

Maine York County Biddeford 04005 Downtown Biddeford

16 Clifford St, Biddeford, ME

This home is located at 16 Clifford St, Biddeford, ME 04005 and is currently priced at $730,000, approximately $270 per square foot. This property was built in 1880. 16 Clifford St is a home located in York County with nearby schools including John F Kennedy Memorial School, Biddeford Primary School, and Biddeford Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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