Multi-Family for Sale: 356 Elm Street, Biddeford, ME 04005

4 full baths
$745,000
$745,000
356 Elm Street, Biddeford, ME 04005
4 full baths
$745,000
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Price:
$745,000
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Type Multi-Family
Style Other Style
Total Baths 4 full baths
Square Feet 3,598 sqft
Lot Size 0.35 acres
Year Built 1890
Taxes Paid $6,351
City Biddeford
County York
MLS 1580467
Status Pending
DOM 259 days
96.5 % FHA FINANCING AVAILABLE. TERRIFIC OWNER OCCUPIED OR INVESTOR PURCHASE. Rents are below market rate and need to be increased. All tenants are tenants at will. Three units have been recently remodeled. Route one exposure with a high traffic count located at the 5 points intersection. This property is located in the B2 business zone and allows many different residential & commercial uses. Currently this building is utilized as a 4 unit apartment building, but it can additionally allocate for combined commercial & residential usage. This is an ideal diversified income producing property. Don't let this location pass you by. The real estate being conveyed is the right side of the building only. The left side of the building is owned by someone else (360-364 Elm St) but is available for purchase. One structure with a center party wall separation. 24 HOUR NOTICE REQUIRED FOR SHOWINGS. Seller will contribute towards buyers closing costs!

Room Features

Basement Description Dirt Floor, Unfinished, Interior Entry, Full

Lot & Building Features

Cooling None
Tax Year 2024
Taxes Paid $6,351

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 1
Unit 2 of Rooms 4
Unit 3 Full Baths 1
Unit 3 of Bedrooms 2
Unit 3 of Rooms 4
Unit 4 Full Baths 1
Unit 4 of Bedrooms 1
Unit 4 of Rooms 4

Price History of 356 Elm Street

Date Name Price Difference
01/16/2024 Listing Price $745,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$750,000
$206 / sqft
Average
$807,667
$225 / sqft
High
$840,000
$247 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Biddeford 04005 0 4.0 $745,000 3,598 $207 N/A
41 Graham Street Biddeford 04005 0 3.0 $750,000 3,648 $206 11/17/2023
32 Wakefield Avenue Saco 04072 0 3.0 $840,000 3,402 $247 05/03/2024
84 Birch Street Biddeford 04005 0 4.0 $833,000 3,718 $224 05/31/2024

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Map of 356 Elm Street, Biddeford, ME

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Inquire about this property

Photo of Matthew Sukeforth
Direct: 207-776-8406
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Realty Sales Inc, David Trottier 207-252-7474
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356 Elm Street (MLS #1580467) is a other style multi-family listing located in Biddeford, ME. This multi-family listing is 3,598 sqft and on a lot of 15,246 sqft (or 0.35 acres) and is 134 years old. This property was listed on 01/16/2024 and has been priced for sale at $745,000.

The multi-family listing at 41 Graham Street in Biddeford is nearby and sold for $750,000 on 11/17/2023. Another nearby multi-family listing, 84 Birch Street in Biddeford sold for $833,000 on 05/31/2024.

Nearby zip codes are 04043, 04046, 04064 and 04072. This property neighbors other cities such as Arundel, Dayton, Kennebunkport, Old Orchard Beach and Saco.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Realty Sales Inc

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.