$475,000
SOLD DEC 4, 2020
-- Bed
6 Baths
4,973 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

5% Below List Price

250 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Open Lot
  • No HOA

About This Home

As of August 2023

DUE TO STATE REGULATION DURING COVID THERE HAVE BEEN NO-SHOWINGS FOR THIS RARE: LOCATION + 6-Unit!!! Raise rent to market and make $90,000+/year. 100 million dollar project being built around the corner!!!! Investors and Biddeford enthusiasts take note! A well maintained 6-Unit property on Main street nestled closely to the bustling downtown amenities! Multi-families this size don't pop up often and are typically only sold off-market. Especially after the Biddeford boom! A mixture of One bedroom and two bedroom units this building is cash-flowing nicely and will continue to do so as Biddeford's growth continues. The building is currently rented and monthly gross is $5300 with room to raise rents to market. All of the units have been updated, new gas efficiency boiler, new roof, updated electrical and plumbing. Possible room for the addition of another unit with the City approval to make this a seven unit! Beautiful hardwood floors scattered throughout and a ton of character as you can see in the pictures! Come see it for yourself!

Last Agent to Sell the Property

Tyler Hall

Keller Williams Realty Listed on: 08/25/2020

Keller Williams Realty

Last Buyer's Agent

Jed Rathband

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,286

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 4,973 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number BIDD-000038-000000-000042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,286

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main st to #330
  • Above Grade Finished Sq Ft: 4973.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4973.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: 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
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 6
  • Style:Multi-Level: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead
  • Full Bathrooms: 6
  • Flooring: Wood, Vinyl, Tile, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 7405.2
  • Parcel #: BIDD-000038-000000-000042
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 6286.0
  • Tax Book Number: 17191
  • Tax Lot: 42
  • Tax Map Number: 38
  • Tax Year: 2019

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
08/18/2023 08/18/23 Sold $610,000 -12.2% $123 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $695,000 +46.3% $140 / Sq Ft
12/04/2020 12/04/20 Sold $475,000 -5.0% $96 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $499,999 +81.2% $101 / Sq Ft
02/26/2016 02/26/16 Sold $275,900 +0.4% $55 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
07/22/2015 07/22/15 For Sale $274,900 -- $55 / 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: 1442797

Maine Listings