NOT LISTED FOR SALE

24 State St Biddeford, ME 04005

Downtown Biddeford Neighborhood
2 Beds
40 Baths
53,000 Sq Ft
1.8 Acres

Last Sold December 15, 2020

Last sale price $5,450,000 $103 Per Sq Ft

Highlights

  • 1.8 Acre Lot
  • No HOA
  • Open Lot
  • Property is near public transit
  • Cooling Available
  • Wood Siding

About This Home

As of December 2020

24 State St, Biddeford
42 unit apartment complex (excellent condition)
All townhouse style units, 90+/- parking spaces,
34 - 2 bedrooms, 8 - 3 bedrooms

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 12/15/2020

Last Buyer's Agent

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 12/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $60,048

Year Built

  • Built in 1920

Lot Details

  • 1.8 Acre Lot
  • Open Lot

Home Design

  • Mansard Roof Shape
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 53,000 Sq Ft Home
  • Interior Basement Entry

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number BIDD-000037-000000-000114

Community Details

Overview

  • No Home Owners Association
  • 42 Units

Building Details

  • Operating Expense $209,459
  • Gross Income $602,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$60,048

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.8
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 53000.0
  • Architectural Style: Mansard
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.8
  • Property Information:Total Baths: 40.0
  • Property Information:SqFt Finished Above Grade: 53000.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Property Information:Number of Units: 42
  • Income Expenses Gross Income: 602700.0
  • Income Expenses Operating Expenses: 209459.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Parking:Paved3: Yes
  • Parking Other Parking: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Style:Mansard: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Interior Entry
  • Full Bathrooms: 20
  • Half Bathrooms: 20
  • Flooring: Vinyl, Carpet

Exterior Features

  • Lot Features: Open Lot, Near Shopping, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Membrane, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site, Other, Off Street

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other Heat System
  • 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: 78408.0
  • Parcel #: BIDD-000037-000000-000114
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 42
  • Annual Gross Income: 602700.0
  • Annual Operating Expense: 209459.0

Tax Info

  • Tax Annual Amount: 60048.0
  • Tax Lot: 114
  • Tax Year: 2020

Range of Values:

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Average Value
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List Price
Sold Price
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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
12/15/2020 12/15/20 Sold $5,450,000 0.0% $103 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $5,450,000 +51.4% $103 / Sq Ft
09/11/2019 09/11/19 Sold $3,600,000 0.0% $68 / Sq Ft View Prior Sale
09/11/2019 09/11/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $3,600,000 -- $68 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas Gadbois

    Seller's Agent in 2020

    Thomas Gadbois

    F.O. Bailey Real Estate

    (207) 409-8339

    7 in this area

    149 Total Sales

    Thomas Gadbois
    Section Image
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Map

Source: Maine Listings

MLS Number: 1478260

Maine Listings
Maine York County Biddeford 04005 Downtown Biddeford

24 State St, Biddeford, ME

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