356 Elm Street Biddeford, ME

$745,000
Baths 4
Square Footage 3,598
Acres 0.35
Photo of 356 Elm Street Biddeford ME 04005




Description

ROUTE 1 EXPOSURE WITH A HIGH TRAFFIC COUNT located at the 5 points intersection. 3.5 % DOWN PAYMENT-96.5 % FHA FINANCING AVAILABLE. This property is located in the B2 business zone and allows many different commercial & residential 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. Run your business from the large 1st floor front unit with the extensive route 1 exposure and collect the rent from the other three tenants. 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.


Listed by Realty Sales Inc, David Trottier 207-252-7474

Details

MLS 1580467
Status Active
Price $745,000
DOM 157 days
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

Lot & Building Features

Cooling None
Tax Year 2024
Taxes Paid $6,351

Room Details

Basement Description Dirt Floor, Unfinished, Interior Entry, Full

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

Map

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

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Financing

$
20%
0.85248322147651%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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