NOT LISTED FOR SALE

5 Cutts St Biddeford, ME 04005

Downtown Biddeford Neighborhood
-- Bed
10 Baths
6,713 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: September 1, 2023

Last sale price $1,240,000 $185 Per Sq Ft

Highlights

  • Additional Residence on Property
  • New Englander Architecture
  • 1 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Baseboard Heating

About This Home

As of September 2023

Fantastic value in downtown Biddeford. 10 units, two buildings plus a garage. New heating system and several other upgrades. Some units have historic details, 1 & 2 bedroom units with off street parking. Come see this investment opportunity.

Last Agent to Sell the Property

Jed Rathband

Keller Williams Realty Listed on: 09/05/2023

Keller Williams Realty

Last Buyer's Agent

Jason Bisson

Cottage & Co Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,763

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a freeway
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 10 Full Bathrooms
  • 6,713 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Brick Basement
  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Utilities

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

Additional Features

  • Additional Residence on Property
  • City Lot

Listing and Financial Details

  • Tax Lot 59 & 59-1
  • Assessor Parcel Number CuttsStreetBiddeford04005

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Pet Policy

  • Limit on the number of pets

Building Details

  • Operating Expense $60,229
  • Gross Income $132,144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,763

Year Built

Built in 1900

Lot Details

8,712 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Rt. 1 to Cutts, just beside the Cathedral Chruch.
  • Above Grade Finished Sq Ft: 6713.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 186.21
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 10.0
  • Property Information:SqFt Finished Above Grade: 6713.0
  • Property Information:Garage: Yes
  • Site:Level: 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
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 1.0
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 10
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 132144.0
  • Income Expenses Operating Expenses: 60229.0
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Roof:Pitched: Yes
  • Basement:BrickMortar: Yes
  • Property Information:Deed Restrictions: Unknown
  • Basement:Sump Pump: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Electric:Fuses: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Fantastic value in downtown Biddeford. 10 units, two buildings plus a garage. New heating system and several other upgrades. Some units have historic details, 1 & 2 bedroom units with off street parking. Come see this investment opportunity.
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Crawl Space, Partial, Sump Pump, Exterior Only, Unfinished
  • Full Bathrooms: 10
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Stories: 3

Exterior Features

  • Lot Features: Level, Intown, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Block, Other, Concrete Perimeter, Brick/Mortar
  • Roof: Composition, Fiberglass, Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: 1 Pet

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: CuttsStreetBiddeford04005
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 132144.0
  • Annual Operating Expense: 60229.0

Tax Info

  • Tax Annual Amount: 10763.0
  • Tax Lot: 59 & 59-1
  • Tax Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 Prior Sale
09/05/2023 09/05/23 For Sale $1,250,000 +0.8% $186 / Sq Ft
09/01/2023 09/01/23 Sold $1,240,000 +44.2% $185 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
10/27/2020 10/27/20 Sold $860,000 -4.4% $128 / Sq Ft View Prior Sale
08/26/2020 08/26/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $899,900 -- $134 / Sq Ft
Source: Maine Listings

Agents Affiliated with this Home

  • Jed Rathband

    Seller's Agent in 2023

    Jed Rathband

    Keller Williams Realty

    (207) 553-1319

    8 in this area

    112 Total Sales

    Jed Rathband
    Section Image
  • Jason Bisson

    Buyer's Agent in 2023

    Jason Bisson

    Cottage & Co Real Estate

    (207) 653-1188

    1 in this area

    164 Total Sales

    Jason Bisson
    Section Image

  • C

    Seller's Agent in 2020

    Christy Arnett

    Bean Group

  • M

    Seller Co-Listing Agent in 2020

    Martin McInnis

    Bean Group

    Section Image
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Map

Source: Maine Listings

MLS Number: 1557361

Maine Listings

APN: BIDD 38-58

Maine York County Biddeford 04005 Downtown Biddeford

5 Cutts St, Biddeford, ME

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Maine Listings 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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