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356-360 Elm St

4 Unit Apartment Building $1,046,487 CAD ($261,622 CAD/Unit) Biddeford, ME 04005

Executive Summary

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). One structure with a center party wall separation. Showings are Tuesdays & Thursdays at 3:00. 24 HOUR NOTICE REQUIRED.

Property Facts

Price $1,046,487 CAD
Price Per Unit $261,622 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Mid Rise
Building Class C
Lot Size 0.85 AC
Building Size 2,550 SF
No. Stories 3
Year Built 1890

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • BIDD-000027-000000-000176
  • BIDD-000027-000000-000177
Land Assessment
$743,564 CAD
Improvements Assessment
$582,953 CAD
Total Assessment
$1,326,516 CAD

zoning

Zoning Code B2
B2
  • Listing ID: 30669083

  • Date on Market: 2024-01-16

  • Last Updated:

  • Address: 356-360 Elm St, Biddeford, ME 04005

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