$351,600
SOLD AUG 28, 2023
-- Bed
2 Baths
1,920 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$183 Per Sq Ft

12% Below List Price

19 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • 2 Car Detached Garage
  • The property is located in a historic district
  • No HOA
  • 4-minute walk to Clifford Park

About This Home

As of April 2025

87 High Street is your opportunity to own a investment property in up-and-coming Biddeford, Maine.

This property is located within walking distance to downtown Biddeford's Mill District. Live in one side and rent out the other to supplement your mortgage, or rent out both units. This building is just a few miles from some of the state's most pristine beaches and local parks, restaurants and breweries.

87 High Street has two units, each with their own dedicated storage units and parking. There is garage space for 2 vehicles and additional storage space above. This building as-is brings in nearly $40K in annual revenue.


Seller is a licensed Maine real estate agent.

Last Agent to Sell the Property

Evelina Forte

U&R Real Estate Listed on: 06/12/2023

Last Buyer's Agent

John Parvin

NextHome NorthEast Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,714

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Public Beach

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,920 Sq Ft Home
  • Laminate Flooring
  • Laundry on main level

Unfinished Basement

  • Exterior Basement Entry
  • Sump Pump
  • Dirt Floor
  • Crawl Space

Outdoor Features

  • Outbuilding
  • Enclosed Glass Porch

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 16-17 / 244
  • Assessor Parcel Number 87HighStreetBiddeford04005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $8,600
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,714

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Pool Street take a left onto High Street. Property is on right side of street.
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1920.0
  • Property Information:Garage: 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
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 39600.0
  • Income Expenses Operating Expenses: 8600.0
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Style:Duplex: Yes
  • Gas:Natural - At Street: Yes
  • Vehicle Storage:Storage Above: Yes
  • Basement:Sump Pump: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Crawl Space, Sump Pump, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Sidewalks, Historic District, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Brick/Mortar
  • Other Structures: Outbuilding
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Storage

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

Schools

  • Junior High Dist: Biddeford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 87HighStreetBiddeford04005
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39600.0
  • Annual Operating Expense: 8600.0

Tax Info

  • Tax Annual Amount: 2714.0
  • Tax Block: 244
  • Tax Book Number: 17463
  • Tax Lot: 16-17
  • Tax Map Number: 39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Apr 3, 2025
Sold by
Owens Nicholas S
Bought by
Mitchell Rod B and Mitchell Rosemary A
Seller's Agent
John Parvin
Dan Anderson Real Estate, Inc.
Buyer's Agent
Patrick Shaw
Portside Real Estate Group
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Views
28
Current Estimated Value
$395,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634
Avg. Annual Appreciation
-0.94%

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 28, 2023
Sold by
Forte Evelina M
Bought by
Owens Nicholas S
Seller's Agent
Evelina Forte
U&R Real Estate
Buyer's Agent
John Parvin
NextHome NorthEast Realty
List Price
$400,000
Sold Price
$351,600
Premium/Discount to List
-$48,400
-12.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$345,231
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 10, 2017
Closed on
May 1, 2017
Sold by
Libby Jonathan M and Libby Sally
Bought by
Forte Evelina M
Seller's Agent
Adam Parent
Coldwell Banker Realty
Buyer's Agent
Jennifer Eri Susan Croteau
Bean Group
List Price
$165,900
Sold Price
$162,000
Premium/Discount to List
-$3,900
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$159,065
Interest Rate
4.3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $395,000 None Available
Warranty Deed $395,000 None Available
Warranty Deed $351,600 None Available
Warranty Deed $351,600 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $345,231 FHA
Previous Owner $155,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $159,065 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $395,000 -1.3% $206 / Sq Ft
02/27/2025 02/27/25 For Sale $400,000 +13.8% $208 / Sq Ft
08/28/2023 08/28/23 Sold $351,600 -12.1% $183 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $400,000 +146.9% $208 / Sq Ft
05/01/2017 05/01/17 Sold $162,000 -2.4% $84 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $165,900 -- $86 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,356 $306,300 $122,800 $183,500
2023 $3,982 $303,500 $122,800 $180,700
2022 $3,228 $196,700 $59,400 $137,300
2021 $3,068 $168,300 $48,600 $119,700
2020 $2,805 $139,900 $37,800 $102,100
2019 $2,795 $139,900 $37,800 $102,100
2018 $2,756 $139,900 $37,800 $102,100
2017 $2,726 $135,800 $37,800 $98,000
2016 $2,697 $135,800 $37,800 $98,000
2015 $2,644 $135,800 $37,800 $98,000
2014 $2,579 $135,800 $37,800 $98,000
2013 -- $172,700 $47,800 $124,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1561791

Maine Listings

APN: BIDD-000039-000000-000244