NOT LISTED FOR SALE

61 W Cutts St Biddeford, ME 04005

-- Bed
4 Baths
2,424 Sq Ft
6,534 Sq Ft Lot

Last Sold March 25, 2021

Last sale price $394,115 $163 Per Sq Ft

96 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • Vinyl Flooring
  • No HOA
  • Level Lot

About This Home

As of March 2021

Great investment opportunity. This 4 unit is in a good location with off street parking. Close to downtown, schools, shopping etc. This property has a good rental history.
Masks and Gloves Required.

Last Agent to Sell the Property

Christopher Hawes

EXP Realty Listed on: 01/29/2021

EXP Realty

Last Buyer's Agent

Christopher Hawes

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,681

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • 2,424 Sq Ft Home
  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Sump Pump
  • Dirt Floor

Parking

  • Gravel Driveway
  • Off-Site Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 117-1
  • Assessor Parcel Number 61westcuttsbiddeford04005

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $12,019
  • Gross Income $44,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,681

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Downtown take Main St Left onto Harvey St Left onto West Cutts to #61 Second from end of dead end on right. No Sign
  • Above Grade Finished Sq Ft: 2424.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2424.0
  • Property Information:Garage: No
  • 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
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 44120.0
  • Income Expenses Operating Expenses: 12019.0
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Parking:Off Site: Yes
  • Water Info:Island3: No
  • Basement:Sump Pump: Yes
  • Foundation Materials:Granite2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Other, Sump Pump, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Laminate

Exterior Features

  • Lot Features: Level, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Off Site

Utilities

  • 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: 6534.0
  • Parcel #: 61westcuttsbiddeford04005
  • Zoning: R2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 44120.0
  • Annual Operating Expense: 12019.0

Tax Info

  • Tax Annual Amount: 4681.0
  • Tax Book Number: 17193
  • Tax Lot: 117-1
  • Tax Map Number: 37
  • 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
03/25/2021 03/25/21 Sold $394,115 -12.4% $163 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $450,000 +105.6% $186 / Sq Ft
03/01/2016 03/01/16 Sold $218,900 -5.2% $90 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
07/18/2015 07/18/15 For Sale $231,000 -- $95 / 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: 1474908

Maine Listings