NOT LISTED FOR SALE

284 Elm St Biddeford, ME 04005

-- Bed
4 Baths
4,195 Sq Ft
4,792 Sq Ft Lot

Last Sold September 01, 2022

Last sale price $500,000 $119 Per Sq Ft

109 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Attic
  • Wood Flooring
  • Victorian Architecture
  • Corner Lot

About This Home

As of September 2022

**back on market due to buyer under contract losing financing option***

Recent cashflow increase

Look no further for an excellent investment property in growing Biddeford. Ideal for owner occupancy or investment, units are currently rented under market value. Spacious, bright and sunny units with large windows and private balconies. Excellent location near shopping, some stores within walking distance. Located in the Office Residential zone also opens up potential uses. Two story farmer porch was rebuilt in 2020.

Showings by appointment 12-2 Saturday and Sunday only starting 8/27

Last Listed By

Christine Karales Paul

Your Real Estate Company Listed on: 08/17/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,195 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number BIDD-000034-000000-000017

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $17,520
  • Gross Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,468

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: none
  • Directions: Coming from the North, the property is on the right across from Hannaford, corner of Elm and Orchard.
  • Above Grade Finished Sq Ft: 4195.0
  • Architectural Style: Multi-Level, Victorian
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4195.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 58200.0
  • Income Expenses Operating Expenses: 17520.41
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Electric:Fuses: Yes
  • Roof:Slate: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Other
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Roof: Composition, Other, Slate
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Security: Fire System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Biddeford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: BIDD-000034-000000-000017
  • Zoning: OFFICE RESIDENTIAL

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 58200.0
  • Annual Operating Expense: 17520.41

Tax Info

  • Tax Annual Amount: 6468.0
  • Tax Book Number: 14677
  • Tax Lot: 17
  • Tax Map Number: 34
  • Tax Year: 2021

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
09/01/2022 09/01/22 Sold $500,000 -25.8% $119 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $673,700 -- $161 / 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: 1526534

Maine Listings