38 South St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated payment $6,474/month
Highlights
- Colonial Architecture
- Cooling Available
- Vinyl Flooring
- No HOA
- Baseboard Heating
- 4-minute walk to Shevenell Park
About This Home
Perfect investment opportunity in a very desirable area of Biddeford. This 5 unit property has been in the same family for several generations. Major renovations have happened throughout the building since 2017. Electrical, plumbing, heating, kitchens, baths, flooring, insulation, this list goes on and on! All units are occupied. OFF STREET PARKING for ALL TENANTS! Each unit has been tastefully remodeled and updated. Positive cash flow right out of the chute.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,324
Year Built
- Built in 1875
Lot Details
- 6,098 Sq Ft Lot
Home Design
- Colonial Architecture
- Shingle Roof
Interior Spaces
- 4,428 Sq Ft Home
- Interior Basement Entry
Flooring
- Laminate
- Vinyl
Utilities
- Cooling Available
- Heat Pump System
- Baseboard Heating
Listing and Financial Details
- Tax Lot 190
- Assessor Parcel Number BIDD-000038-000000-000190
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Operating Expense $31,075
- Gross Income $110,400
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 |
|---|---|---|---|---|
| 2024 | $7,807 | $549,000 | $123,100 | $425,900 |
| 2023 | $7,123 | $542,900 | $123,100 | $419,800 |
| 2022 | $6,068 | $369,800 | $61,900 | $307,900 |
| 2021 | $5,821 | $319,300 | $50,700 | $268,600 |
| 2020 | $5,131 | $255,900 | $39,400 | $216,500 |
| 2019 | $4,468 | $223,600 | $39,400 | $184,200 |
| 2018 | $4,405 | $223,600 | $39,400 | $184,200 |
| 2017 | $4,076 | $203,100 | $39,400 | $163,700 |
| 2016 | $4,034 | $203,100 | $39,400 | $163,700 |
| 2015 | $3,954 | $203,100 | $39,400 | $163,700 |
| 2014 | $3,667 | $203,100 | $39,400 | $163,700 |
| 2013 | -- | $281,600 | $63,100 | $218,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Pending | -- | -- | -- |
| 11/05/2025 11/05/25 | For Sale | $1,100,000 | -- | $248 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1642796
APN: BIDD-000038-000000-000190
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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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