NOT LISTED FOR SALE
-- Bed
4 Baths
4,030 Sq Ft
0.26 Acres

Last Sold October 30, 2024

Last sale price $675,000 $167 Per Sq Ft

47 Days on Market

Highlights

  • 0.26 Acre Lot
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • New Englander Architecture
  • Zoned Heating

About This Home

As of October 2024

*Open Showings Cancelled* Sprawling Biddeford 4-unit has three vacant apartments and one apartments with a long term tenant + a large parking lot. Two of the vacant units (one 2BR and one 4BR) have been freshly renovated and are ready to be moved into or leased up for market rate. The other two units (another 2BR and 4BR) offer an opportunity to add value on turnovers. The building has solid bones and great layouts, though the exterior could use some attention in the near term. This is the perfect building for a ''weekend warrior'' to add value with a little time and effort.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 09/11/2024

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Alexander Matthews

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,287

Year Built

  • Built in 1880

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Flat Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,030 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number BIDD-000039-000000-000154

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $24,000
  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,287

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4030.0
  • Architectural Style: Other, New Englander
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 157.57
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.26
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4030.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 34200.0
  • Income Expenses Operating Expenses: 24000.0
  • Exterior:Wood Siding: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Roof:Flat: Yes
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: Sprawling Biddeford 4-unit has two vacant apartments and two apartments with long term tenants + a large parking lot. The vacant units (one 2BR and one 4BR) have been freshly renovated and are ready to be moved into or leased up for market rate. The two occupied units (another 2BR and 4BR) offer stable income day one, with an opportunity to add value on turnovers. The building has solid bones and great layouts, though the exterior could use some attention in the near term. This is the perfect building for a ''weekend warrior'' to add value with a little time and effort.
  • Levels:Multi-Level3: Yes
  • Heat System:Zoned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Laminate, Carpet

Exterior Features

  • Lot Features: Open, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Flat, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, 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: 11325.6
  • Parcel #: BIDD-000039-000000-000154
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 34200.0
  • Annual Operating Expense: 24000.0

Tax Info

  • Tax Annual Amount: 6287.0
  • Tax Lot: 154
  • Tax Year: 2023
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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 List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $675,000 +6.3% $167 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $635,000 0.0% $158 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $635,000 -- $158 / Sq Ft
Source: Maine Listings

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 $6,814 $479,200 $199,000 $280,200
2023 $6,287 $479,200 $199,000 $280,200
2022 $5,325 $324,500 $104,300 $220,200
2021 $4,986 $273,500 $85,300 $188,200
2020 $4,501 $224,500 $66,400 $158,100
2019 $4,486 $224,500 $66,400 $158,100
2018 $4,423 $224,500 $66,400 $158,100
2017 $3,984 $198,500 $66,400 $132,100
2016 $3,942 $198,500 $66,400 $132,100
2015 $3,865 $198,500 $66,400 $132,100
2014 $3,770 $198,500 $66,400 $132,100
2013 -- $270,900 $94,000 $176,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1598610

Maine Listings