NOT LISTED FOR SALE
-- Beds
12 Baths
7,170 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: October 14, 2022

Last sale price $925,000 $129 Per Sq Ft

15 Days on Market

Highlights

  • Deep Water Access
  • Corner Lot
  • Porch
  • Property is near public transit and shops
  • No HOA
  • Bathtub

About This Home

As of October 2022

SUPERIOR CONDITION. METICULOUSLY WELL MAINTAINED & UPGRADED CONSISTENTLY.JUST COLLECT THE RENT. You will not find a better multi-family building then this one, unless it is brand new. Wheel chair ramp accessible for both 1st floor units. All 6 units are identical layouts consisting of a kitchen, double living rooms, 3 bedrooms, 1.5 bathrooms and a shed/mudroom at the rear entry & a covered porch.Maintenance free floor decking. 2019 the building was completely painted from top to bottom. All 68 exterior window trims were redone with Azek . Most of the building also has Azek trim. New front porch roof & new exterior storms doors installed throughout.2015 Two Buderus Furnaces installed. 2013 rubber membrane roof. Parking behind the building.Rents are way below market rate. Calculate your own current market rates for these large units. Currently 3 vacant units with $1,850 per month ''projected rent'' per unit.Annual income is projected with all units rented at $1,850 per month.Natural Gas is stubbed in at building.Located one block from beautiful revitalized down town. Walk to all the restaurants, coffee shops, pubs etc. Amtrak & the Bus Line are also available. Don't let this excellent property pass you by. YOU WILL NOT BE DISAPPOINTED PREVIEWING THIS BUILDING! Annual Expenses- Taxes $7,104, Insurance $4,829, Water $788, Sewer $1,070, Oil-$4,523.36. The abutting land parcel 18-22 Bradbury Street (Lot 10 on the attached survey) can be purchased for $159,000. 4 new condo or apartment units can be built with planning board approval. Water & Sewer is stubbed in on the lot & Natural Gas is in the sidewalk.THIS IS A MUST SEE PROPERTY. DON'T LET THIS ONE PASS YOU BY.

Last Agent to Sell the Property

David Trottier

Realty Sales Inc Listed on: 08/12/2022

Last Buyer's Agent

Nicholas Clark

Portside Real Estate Group

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,104

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 7,170 Sq Ft Home
  • 3-Story Property
  • Storage
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub
  • Shower

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Deep Water Access
  • Shed
  • Porch

Location

  • Property is near public transit and shops
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 29CuttsBiddeford04005

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $18,314
  • Gross Income $133,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,104

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • MLS Status: Closed
  • Directions: Main Street to Bradbury Street. Take 1st right on to Cutts Street. 1st building on the left. Sign out front.
  • Above Grade Finished Sq Ft: 7170.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 119.8
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 12.0
  • Property Information:SqFt Finished Above Grade: 7170.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: 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
  • Amenities:Storage: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 6
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 133200.0
  • Income Expenses Operating Expenses: 18314.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Basement:Sump Pump: Yes
  • Transportation:Deep Water Access: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Foundation Materials:Granite2: Yes
  • Exterior:Asbestos: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Roof:Flat: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: SUPERIOR CONDITION. METICULOUSLY WELL MAINTAINED & UPGRADED CONSISTENTLY.JUST COLLECT THE RENT. You will not find a better multi-family building then this one, unless it is brand new. Wheel chair ramp accessible for both 1st floor units. All 6 units are identical layouts consisting of a kitchen, double living rooms, 3 bedrooms, 1.5 bathrooms and a shed/mudroom at the rear entry & a covered porch.Maintenance free floor decking. 2019 the building was completely painted from top to bottom. All 68 exterior window trims were redone with Azek . Most of the building also has Azek trim. New front porch roof & new exterior storms doors installed throughout.2015 Two Buderus Furnaces installed. 2013 rubber membrane roof. Parking behind the building.Rents are way below market rate. Calculate your own current market rates for these large units. Currently 3 vacant units with $1,850 per month ''projected rent'' per unit. Annual income is projected with all units rented at $1,850 per month.Natural Gas is stubbed in at building.Located one block from beautiful revitalized down town. Walk to all the restaurants, coffee shops, pubs etc. Amtrak & the Bus Line are also available. Don't let this excellent property pass you by. YOU WILL NOT BE DISAPPOINTED PREVIEWING THIS BUILDING! Annual Expenses- Taxes $7,104, Insurance $4,829, Water $788, Sewer $1,070, Oil-$4,523.36. The abutting land parcel 18-22 Bradbury Street (Lot 10 on the attached survey) can be purchased for $159,000. 4 new condo or apartment units can be built with planning board approval. Water & Sewer is stubbed in on the lot & Natural Gas is in the sidewalk.THIS IS A MUST SEE PROPERTY. DON'T LET THIS ONE PASS YOU BY.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Half Bathrooms: 6
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Granite
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Flat, Membrane
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, On Site

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
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 29CuttsBiddeford04005
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 133200.0
  • Annual Operating Expense: 18314.0

Tax Info

  • Tax Annual Amount: 7104.0
  • Tax Lot: 11
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 14, 2022
Sold by
Dap Properties 2 Llc
Bought by
Seller's Agent
David Trottier
Realty Sales Inc
Buyer's Agent
Nicholas Clark
Portside Real Estate Group
List Price
$859,000
Sold Price
$925,000
Premium/Discount to List
$66,000
7.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,800
Outstanding Balance
$797,250
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2022
Sold by
Perron Donald A
Bought by
Dap Properties 2 Llc

Purchase Details

Closed on
Sep 26, 2019
Sold by
Perron Donald A and Caddigan Diane P
Bought by
Perron Properties Llc

Purchase Details

Closed on
Aug 26, 2019
Sold by
Perron Robert Est and Perron
Bought by
Robert Perron Ret and Perron
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$925,000 None Available
Dap Properties 2 Llc -- None Available
Perron Properties Llc -- --
Robert Perron Ret -- --
Perron Donald A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $840,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $925,000 +7.7% $129 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $859,000 -- $120 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $12,388 $829,200 $131,200 $698,000
2024 $11,606 $816,200 $131,200 $685,000
2023 $10,709 $816,200 $131,200 $685,000
2022 $7,522 $458,400 $107,800 $350,600
2021 $7,104 $389,700 $89,800 $299,900
2020 $6,588 $328,600 $76,300 $252,300
2019 $6,565 $328,600 $76,300 $252,300
2018 $59,955 $328,600 $76,300 $252,300
2017 $7,092 $287,300 $76,300 $211,000
2016 $5,706 $287,300 $76,300 $211,000
2015 $5,165 $287,300 $76,300 $211,000
2014 $5,038 $287,300 $76,300 $211,000
2013 -- $319,000 $75,300 $243,700
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1537859

Maine Listings
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