NOT LISTED FOR SALE

72 Foss St Biddeford, ME 04005

Downtown Biddeford Neighborhood
-- Bed
4 Baths
4,256 Sq Ft
4,792 Sq Ft Lot

Last Sold August 30, 2022

Last sale price $658,000 $155 Per Sq Ft

35 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Bathtub
  • Main Floor Bedroom
  • No HOA
  • 5-minute walk to Shevenell Park

About This Home

As of August 2022

Location! Location! Location! Great investment opportunity with easy walkability to downtown Biddeford & Saco and all that Main Street and the revitalized Mills have to offer! Beautifully updated, turn key four unit proudly maintained by the same family for more than 70 years. One of the Units is currently being used as Air BNB. All 4 Units are very spacious! Four ''off street'' parking spaces as well as two municipal parking lots steps away. Food & Wine Magazine names Biddeford as one of four American ''small cities with big food scenes.'' Three units have leases until Dec. 31, 2022. AIR BNB is rented until August 31, 2022. EXPENSES: Taxes - $5810, Insurance - $2700, Water & Sewer - $2500, Heating - 1740 gal., Electric in Common Areas - $240. NET OPERATING INCOME: $52,214.
48 hour notice required to view property.

Last Agent to Sell the Property

Peggy Mailman

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 06/09/2022

Coldwell Banker Realty

Co-Listed By

Jana Mailman Keegan

Coldwell Banker Realty Brokerage Phone: 207-282-5988

Last Buyer's Agent

Ezra Provost

Benchmark Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,810

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,256 Sq Ft Home
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block .11 / 424
  • Assessor Parcel Number BIDD-000038-000000-000424

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $14,500
  • Gross Income $69,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,810

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Co List Office Phone: 207-282-5988
  • MLS Status: Closed
  • Directions: Alfred Street to Pool Street, left onto Foss Street to #72 on the left.
  • Above Grade Finished Sq Ft: 4256.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1890
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4256.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 69500.0
  • Income Expenses Operating Expenses: 14500.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Transportation:Public Transport Access: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Other, Paved, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: BIDD-000038-000000-000424
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 69500.0
  • Annual Operating Expense: 14500.0

Tax Info

  • Tax Annual Amount: 5810.0
  • Tax Block: 424
  • Tax Lot: .11
  • 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 List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $658,000 -6.0% $155 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $700,000 -- $164 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Peggy Mailman

    Seller's Agent in 2022

    Peggy Mailman

    Coldwell Banker Realty

    (207) 590-7491

    2 in this area

    92 Total Sales

    Peggy Mailman
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jana Mailman Keegan

    Coldwell Banker Realty

    (207) 282-5988

    2 in this area

    34 Total Sales

    Jana Mailman Keegan
    Section Image

  • E

    Buyer's Agent in 2022

    Ezra Provost

    Benchmark Real Estate

    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1531691

Maine Listings
Maine York County Biddeford 04005 Downtown Biddeford

72 Foss St, Biddeford, ME

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