NOT LISTED FOR SALE

24 Simard Ave Biddeford, ME 04005

-- Bed
7 Baths
5,940 Sq Ft
0.36 Acres

Last Sold June 30, 2022

Last sale price $735,000 $124 Per Sq Ft

5 Days on Market

Highlights

  • Nearby Water Access
  • 2 Car Attached Garage
  • Landscaped
  • No HOA
  • Forced Air Zoned Heating System
  • 4-minute walk to Clifford Park

About This Home

As of June 2022

An excellent opportunity to own a 5 unit building with option to expand to 9 units! Located in a quiet neighborhood walkable to Westbrook Skating rink, several restaurants, Clifford Park and the Thriving Downtown! Recently renovated first floor two bedroom is vacant and ready to rent or occupy. The three 3-bedroom units are expansive and have had updates through-out the years. The unit above the garage was built in the mid-2000s and has also received updates over ownership. List of updates are included with listing! Parking is ample with 2 garage bays and a large driveway/parking lot. The property also includes a level fenced in yard for common use. This property will qualify for most loan products.

Last Agent to Sell the Property

Christina Connell

Berkshire Hathaway HomeServices Verani Realty Listed on: 05/10/2022

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

David Trottier

RE/MAX Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,277

Year Built

  • Built in 1930

Lot Details

  • 0.36 Acre Lot
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 7 Full Bathrooms
  • 5,940 Sq Ft Home
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Nearby Water Access
  • City Lot

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number BIDD-000042-000000-000008

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $36,629
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,277

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Pool Road with a left on Simard. Property on your left.
  • Above Grade Finished Sq Ft: 5940.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 126.25
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 5940.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: 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: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 72000.0
  • Income Expenses Operating Expenses: 36629.0
  • Style:Multi-Level: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Advertising Remarks:Advertising Remarks: An excellent opportunity to own a 5 unit building with option to expand to 9 units! Located in a quiet neighborhood walkable to Westbrook Skating rink, several restaurants, Clifford Park and the Thriving Downtown! Recently renovated first floor two bedroom is vacant and ready to rent or occupy. The three 3-bedroom units are expansive and have had updates through-out the years. The unit above the garage was built in the mid-2000s and has also received updates over ownership. List of updates are included with listing! Parking is ample with 2 garage bays and a large driveway/parking lot. The property also includes a level fenced in yard for common use. This property will qualify for most loan products.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 7
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15681.6
  • Parcel #: BIDD-000042-000000-000008
  • Zoning: R2

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 72000.0
  • Annual Operating Expense: 36629.0

Tax Info

  • Tax Annual Amount: 7277.0
  • Tax Lot: 8
  • Tax Year: 2021
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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 Prior Sale
06/30/2022 06/30/22 Sold $735,000 -2.0% $124 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $749,900 +294.7% $126 / Sq Ft
12/28/2012 12/28/12 Sold $190,000 -23.8% $32 / Sq Ft View Prior Sale
11/01/2012 11/01/12 Pending -- -- --
10/28/2011 10/28/11 For Sale $249,500 -- $42 / 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 $9,088 $639,100 $222,400 $416,700
2023 $8,385 $639,100 $222,400 $416,700
2022 $7,711 $469,900 $120,700 $349,200
2021 $7,277 $399,200 $100,700 $298,500
2020 $6,747 $336,500 $85,600 $250,900
2019 $6,723 $336,500 $85,600 $250,900
2018 $7,456 $336,500 $85,600 $250,900
2017 $7,941 $254,000 $57,100 $196,900
2016 $5,044 $254,000 $57,100 $196,900
2015 $4,945 $254,000 $57,100 $196,900
2014 $4,823 $254,000 $57,100 $196,900
2013 -- $312,100 $76,900 $235,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1527640

Maine Listings