NOT LISTED FOR SALE

332 Alfred St Biddeford, ME 04005

-- Bed
4 Baths
3,028 Sq Ft
6,970 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $496,500 $164 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Hot Water Heating System
  • No HOA
  • Forced Air Heating System
  • Asbestos

About This Home

As of December 2021

This 4-unit multi is perfect for anyone seeking an easy-to-own investment property. All units are currently occupied by at-will tenants, and each unit offers 2 bedrooms/1 bath, updated electrical throughout, and ample parking via two driveways and a garage! Conveniently located next to the intersection of Alfred St and Route 1, countless businesses and shops are within easy walking distance, including Five Points Shopping Center. Spacious front porch and newly rebuilt back deck and stairs offer each unit its own entrance and outdoor space. This property is an excellent opportunity to own a multi-unit in one of Maine's most up-and-coming cities.

Last Listed By

Jessica Wallimann

Vitalius Real Estate Group, LLC Listed on: 10/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,484

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 4 Full Bathrooms
  • 3,028 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number BIDD-000028-000000-000019

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $11,424
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,484

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3028.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3028.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Driveway:Common2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 43200.0
  • Income Expenses Operating Expenses: 11424.0
  • Style:Multi-Level: Yes
  • Exterior:Asbestos: Yes
  • Roof:Flat: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 6969.6
  • Parcel #: BIDD-000028-000000-000019
  • Zoning: B2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 43200.0
  • Annual Operating Expense: 11424.0

Tax Info

  • Tax Annual Amount: 4484.0
  • Tax Book Number: 18492
  • Tax Lot: 19
  • Tax Map Number: 28
  • 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
12/20/2021 12/20/21 Sold $496,500 +24.4% $164 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $399,000 -- $132 / 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: 1512792

Maine Listings