Active

356 Elm Street

Biddeford ME, 04005

$745,000


Active

4 Baths

3,598 sqft

Multi-family

Built in 1890

Courtesy of Realty Sales Inc

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.

1580467

MLS ID

April 2, 2024

Updated

Map

356 Elm Street
Biddeford ME, 04005

Interior Features

Bathrooms

4 Baths


Interior Features

Bathtub


Laundry Description

Washer Hookup


Floor Description

Wood, Vinyl, Tile, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Multi-Zones, Hot Water, Baseboard

Exterior/Building Features

Lot Size

0.35 Acres


Lot Features

Corner Lot, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Public Transit


Architectual Style

Other Style


Roof

Pitched, Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$6,351


Tax Frequency

Annually


Garage

Yes


Garage Spaces

1


Parking

5 - 10 Spaces, Paved, On Site, Off Street


View

No


County

York


Water Source

Public


Pool

No


Zoning

B2


Buyer Agency Compensation

2%

Listing Contact: 207-985-4000

Courtesy of  Realty Sales Inc

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Brick & Barn Real Estate | Scott Rome shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 1:09 AM UTC, 4/2/2024

 

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