NOT LISTED FOR SALE

5 Fall St Biddeford, ME 04005

-- Bed
4 Baths
3,165 Sq Ft
8,712 Sq Ft Lot

Last Sold March 15, 2023

Last sale price $675,000 $213 Per Sq Ft

4 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Bathtub
  • Deck
  • No HOA
  • Baseboard Heating

About This Home

As of March 2023

Don't miss the fantastic opportunity! Fully occupied 4 unit incoming producing multi-family, located within walking distance of the rejuvenated and vibrant downtown Biddeford. All of the units have newer flooring in kitchens and baths, and they each have their own in unit washers and dryers, dedicated off street parking, and updated decking to round out this not to be missed building to add to your portfolio!

Last Listed By

Derek Goff Joseph Tomazin

Bean Group Listed on: 02/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,599

Year Built

  • Built in 1800

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 3,165 Sq Ft Home
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Exterior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

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

Additional Features

  • Laundry on main level
  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number BIDD-000035-000000-000045

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $14,435
  • Gross Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,599

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Hill Street, Right on to Fall #5 on the left
  • Above Grade Finished Sq Ft: 3165.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1800
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3165.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • 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
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 78000.0
  • Income Expenses Operating Expenses: 14435.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Sump Pump: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Sump Pump, Exterior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • 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: 8712.0
  • Parcel #: BIDD-000035-000000-000045
  • Zoning: R2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 78000.0
  • Annual Operating Expense: 14435.0

Tax Info

  • Tax Annual Amount: 5599.0
  • Tax Book Number: 18655
  • Tax Lot: 45
  • Tax Map Number: 35
  • 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
03/15/2023 03/15/23 Sold $675,000 +2.3% $213 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $660,000 +34.7% $209 / Sq Ft
05/06/2021 05/06/21 Sold $490,000 +3.2% $155 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $475,000 -- $150 / 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: 1552107

Maine Listings