344 Main St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated payment $9,641/month
Highlights
- Hot Property
- No HOA
- Baseboard Heating
- Wood Flooring
- Property is near shops
About This Home
Welcome to 344 Main Street. Exceptionally well maintained 10 unit building with solid mechanical systems located in the heart of the revitalized down town. Walking distance to all cafes, shops, restaurants, Riverwalk & Amtrak. Seller has owned these buildings for a very long time and is retiring. Excellent long term tenants is the reason for below market rents. Most of the tenants are ''Tenants At Will'' , which will allow the rental income to catch up to the current market rate. If you're looking for an extremely well maintained building, then you need to view this property. It's not often a clean building like this comes to the market. THIS IS PART OF A 26 UNIT PORTFOLIO BEING OFFERED, ALONG WITH A 10 CAR PARKING LOT for overflow parking. Properties are 350 Main St (5 unit), 365 Main St (5 unit), 46-48 St. Mary's St (6 unit) & 361 Main St (10 car parking lot for 100K). ANOTHER 12 UNITS ARE ALSO AVAILABLE-329 Main St (6 unit) & 7 St. Mary's St (6 unit). SHOWINGS ARE TUESDAYS AT 12:00 & FRIDAYS AT 12:00. 48 HOUR NOTICE IS REQUIRED.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,326
Year Built
- Built in 1900
Home Design
- Pitched Roof
- Shingle Roof
Interior Spaces
- 10 Full Bathrooms
- 6,566 Sq Ft Home
- Exterior Basement Entry
Flooring
- Wood
- Carpet
- Linoleum
- Laminate
Utilities
- No Cooling
- Radiator
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
Additional Features
- 9,583 Sq Ft Lot
- Property is near shops
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 344 MainStBiddeford04005
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- Operating Expense $33,368
- Gross Income $99,300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $19,326 | $1,293,600 | $328,900 | $964,700 |
| 2024 | $18,135 | $1,275,300 | $328,900 | $946,400 |
| 2023 | $16,732 | $1,275,300 | $328,900 | $946,400 |
| 2022 | $10,834 | $660,200 | $180,400 | $479,800 |
| 2021 | $10,172 | $558,000 | $150,300 | $407,700 |
| 2020 | $9,381 | $467,900 | $127,700 | $340,200 |
| 2019 | $839 | $467,900 | $127,700 | $340,200 |
| 2018 | $2,306 | $467,900 | $127,700 | $340,200 |
| 2017 | $2,277 | $422,800 | $127,700 | $295,100 |
| 2016 | $8,129 | $409,300 | $127,700 | $281,600 |
| 2015 | $7,969 | $409,300 | $127,700 | $281,600 |
| 2014 | $7,773 | $409,300 | $127,700 | $281,600 |
| 2013 | -- | $493,500 | $182,200 | $311,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/24/2026 04/24/26 | For Sale | $1,525,000 | -- | $232 / Sq Ft |
Source: Maine Listings
MLS Number: 1659072
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Ask me questions while you tour the home.