NOT LISTED FOR SALE

287 Elm St Biddeford, ME 04005

-- Bed
4 Baths
4,518 Sq Ft
1.27 Acres

Last Sold December 17, 2021

Last sale price $699,000 $155 Per Sq Ft

8 Days on Market

Highlights

  • 1.27 Acre Lot
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of December 2021

This gorgeous Italianate 4-unit is something truly exceptional in the Biddeford market. The first unique features that stand out are the 1.27 acres of open space (which we dare say is picturesque, at least for a multi) and oversized 3 story barn, including the drive-out level in the rear for a lawn tractor. A tour of the residential apartments starts with a private deck or porch for each unit. Inside, the units are all in great condition with big rooms, high ceilings, and a wonderful sense of space. There are three 1bd and one 2bd, and all but one has a private washer & dryer. The systems, windows, roof, and siding are all in good condition and there is ample parking for all units. Finally, the property is located in a business zone and could be used for commercial activity if desired. This is the kind of building an investor or homeowner will be excited to own and definitely one worth seeing.

Last Listed By

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 10/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,983

Year Built

  • Built in 1910

Lot Details

  • 1.27 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,518 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 137
  • Assessor Parcel Number BIDD-000034-000000-000137

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $17,203
  • Gross Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,983

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.27
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4518.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 1.27
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4518.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: 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:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 46800.0
  • Income Expenses Operating Expenses: 17203.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 55321.2
  • Parcel #: BIDD-000034-000000-000137
  • Zoning: B2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 46800.0
  • Annual Operating Expense: 17203.0

Tax Info

  • Tax Annual Amount: 6983.0
  • Tax Book Number: 18140
  • Tax Lot: 137
  • Tax Map Number: 34
  • Tax Year: 2022

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
12/17/2021 12/17/21 Sold $699,000 0.0% $155 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $699,000 -- $155 / 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: 1512441

Maine Listings