330 Main Street

Biddeford, ME 04005

MLS ID# 1442797 Closed

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Closed $475,000

4973 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details
• Virtual Tour 1

Description

DUE TO STATE REGULATION DURING COVID THERE HAVE BEEN NO-SHOWINGS FOR THIS RARE: LOCATION + 6-Unit!!! Raise rent to market and make $90,000+/year. 100 million dollar project being built around the corner!!!! Investors and Biddeford enthusiasts take note! A well maintained 6-Unit property on Main street nestled closely to the bustling downtown amenities! Multi-families this size don't pop up often and are typically only sold off-market. Especially after the Biddeford boom! A mixture of One bedroom and two bedroom units this building is cash-flowing nicely and will continue to do so as Biddeford's growth continues. The building is currently rented and monthly gross is $5300 with room to raise rents to market. All of the units have been updated, new gas efficiency boiler, new roof, updated electrical and plumbing. Possible room for the addition of another unit with the City approval to make this a seven unit! Beautiful hardwood floors scattered throughout and a ton of character as you can see in the pictures! Come see it for yourself! DUE TO STATE REGULATION DURING COVID THERE HAVE BEEN NO-SHOWINGS FOR THIS RARE: LOCATION + 6-Unit!!! Raise rent to market and make $90,000+/year. 100 million dollar project being built around the corner!!!! Investors and Biddeford enthusiasts take ... show more

Location Information

• Street # 330
• Street Name Main
• Street Type Street
• County York
• Town Biddeford
• State/Province ME
• Zip Code 04005
• Zip +4 2355
• Leased Land No
• Book 17191
• Page 996-997
• Map 38
• Lot 42
• Zoning MSRD2
• Zoning Overlay No
• Tax ID BIDD-000038-000000-000042
• Association No
• Full Tax Amount 6286
• Tax Year 2019

Property Information

• Surveyed No
• Seasonal No
• Number of Units 6
• Total Baths 6
• Total Full Baths 6
• Total Half Baths 0
• Year Built 1900
• SqFt Finished Above Grade 4973
• SqFt Finished Below Grade 0
• SqFt Finished Total 4973
• Garage No
• Lot Size Acres +/- 0.17
• Source of Acreage Public Records

Compensation & Misc Info

• Buyer Agency 2.5%

Directions

Main st to #330

Details

• Site

  Open

• Roads

  Paved

• Water Info

  No Water Frontage, No Water View

• Income & Expenses

  Gross Income:0, Operating Expenses:0

• Units

  # of 1 BD Units:2, # of 2 BD Units:4, # of 3 BD Units:0, # of 4+ BD Units:0

• Unit 1

  Lease, Level:First, Security Deposit, Monthly Rent:1075, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  Lease, Level:Second, Security Deposit, Monthly Rent:725, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 3

  Lease, Level:First, Security Deposit, Monthly Rent:840, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 4

  Lease, Level:Second, Security Deposit, Monthly Rent:905, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 5

  No Lease, Level:Second, Security Deposit, Monthly Rent:800, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 6

  Lease, Level:Second, Security Deposit, Monthly Rent:976, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Style

  Multi-Level

• Construction

  Wood Frame

• Basement

  Full

• Basement Entry

  Bulkhead

• Exterior

  Vinyl Siding

• Roof

  Shingle

• Heat System

  Baseboard, Hot Water

• Heat Fuel

  Gas Natural

• Water Heater

  Gas

• Cooling

  None

• Floors

  Laminate, Tile, Vinyl, Wood

• Driveway

  Paved

• Parking

  Off Street

• Vehicle Storage

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  Natural - On Site

• Sewer

  Public Sewer

• Water

  Public

• Sold Info

  Buyer's Zip Code:04101, Appraiser:012722, Appraiser Name:Paul Cloutier, Appraiser Phone Number:207-699-2808, Appraiser Email Address:[email protected]

• Sold Terms

  Cash

• Sold Terms Other

  Not Applicable