NOT LISTED FOR SALE

281 Alfred St Biddeford, ME 04005

-- Bed
4 Baths
4,834 Sq Ft
10,019 Sq Ft Lot

Last Sold March 25, 2021

Last sale price $525,000 $109 Per Sq Ft

4 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Programmable Thermostat
  • No HOA
  • Zoned Heating
  • Baseboard Heating

About This Home

As of March 2021

It is difficult to find a more solid 4 unit! This building has been well maintained with a strong rental history. Two of the units boast over 1,500 sqft of living space! There is plenty of off-street parking, a 3 car garage for additional income potential, and a large side yard. Each unit has washer and dryer hookup. The heating system has a smart thermostat control board that is programable by the owner to control heating costs. Take advantage of the growing Biddeford market! Group showings Saturday 2/13 and Sunday 2/14 from 11-2.

Last Agent to Sell the Property

Nicholas Laverriere

Portside Real Estate Group Listed on: 02/11/2021

Last Buyer's Agent

Scott Sanford

Lucas Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,748

Year Built

  • Built in 1923

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,834 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number BIDD-000028-000000-000075

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $14,674
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,748

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • MLS Status: Closed
  • Directions: Turn left off of the Biddeford exit and continue on Alfred St to #281
  • Above Grade Finished Sq Ft: 4834.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Efficiency: Programmable Thermostat
  • Year Built: 1923
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4834.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: 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
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 45600.0
  • Income Expenses Operating Expenses: 14674.0
  • Style:Multi-Level: Yes
  • Roof:Membrane: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 10018.8
  • Parcel #: BIDD-000028-000000-000075
  • Zoning: R2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 45600.0
  • Annual Operating Expense: 14674.0

Tax Info

  • Tax Annual Amount: 5748.0
  • Tax Lot: 75
  • Tax Year: 2020

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 List to Sale Price per Sq Ft
03/25/2021 03/25/21 Sold $525,000 +16.7% $109 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $450,000 -- $93 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1481875

Maine Listings