NOT LISTED FOR SALE

530 Main St Biddeford, ME 04005

-- Bed
8 Baths
7,034 Sq Ft
0.8 Acres

Last Sold March 31, 2022

Last sale price $1,500,000 $213 Per Sq Ft

5 Days on Market

Highlights

  • Nearby Water Access
  • River Front
  • No HOA
  • Public Beach
  • 0.8 Acre Lot
  • Bathtub

About This Home

As of March 2022

TURN-KEY (meticulously maintained) building - eight-unit investment opportunity for qualified professionals! Built by the sellers in 1982, this property has been consistently updated and cared for with pride and passion, for the last 40 years! All units (Townhouses) tastefully feature two floors; two-bedrooms; spacious rooms; washer/dryer hookup; new flooring in most units; private patio overlooking the Saco River. The building features a new roof; is well insulated and energy-efficient; new egress windows on the backside; off-street parking; storage space; long-term, professional tenants (T.A.W.); old and quiet neighborhood. The pictures represent three units only – all units are identical in design and equal in condition! The rents are below market value and all units are Tenants at Will. In town location is within walking distance to the high school and close to the revitalized and thriving downtown with all its amenities (restaurants, bars, brew-pubs, Amtrak, Turnpike and shopping centers); only a few miles to access four public beaches and U.N.E.'s main campus. Don't miss this rare opportunity to acquire one of the nicest and best-kept buildings in Biddeford! Check Docs for Income/Expense sheet.

Last Agent to Sell the Property

Patrick Ouellette

Realty Sales Inc Listed on: 01/03/2022

Last Buyer's Agent

Patrick Ouellette

Realty Sales Inc Listed on: 01/03/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,786

Year Built

  • Built in 1982

Lot Details

  • Home fronts a stream
  • River Front
  • Public Beach
  • Fenced

Property Views

  • Water
  • Woods

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,034 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Low Emissivity Windows

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Patio

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Block 11
  • Assessor Parcel Number BIDD-000036-000000-000011

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $21,354
  • Gross Income $84,120

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,786

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8
  • Road Surface Type: Paved
  • Water Body Name: Saco River
  • MLS Status: Closed
  • Directions: GPS - 530 Main St, Biddeford, ME. 04005
  • Above Grade Finished Sq Ft: 7034.0
  • Architectural Style: Multi-Level, Townhouse
  • Garage Yn: No
  • Efficiency: Low E Windows, Ceiling Fans
  • Year Built: 1982
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.8
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 7034.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • 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:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 8
  • Income Expenses Gross Income: 84120.0
  • Income Expenses Operating Expenses: 21354.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Low E Windows: Yes
  • Style:Townhouse: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Has Basement: Full, Doghouse, Unfinished
  • Full Bathrooms: 8
  • Flooring: Tile, Laminate, Carpet
  • Interior Amenities: Bathtub, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Sidewalks, Intown, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood
  • View: Trees/Woods
  • Waterfront Features: River, Stream
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • 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: 34848.0
  • Parcel #: BIDD-000036-000000-000011
  • Zoning: R1B

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 84120.0
  • Annual Operating Expense: 21354.0

Tax Info

  • Tax Annual Amount: 8786.0
  • Tax Block: 11
  • Tax Book Number: 06315
  • Tax Lot: 000
  • Tax Map Number: 36
  • Tax Year: 2020

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
03/31/2022 03/31/22 Sold $1,500,000 0.0% $213 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $1,500,000 -- $213 / 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: 1517297

Maine Listings