356 Elm ST Pending Save Request In-Person Tour Request Virtual Tour
Biddeford,ME 04005
Key Details
Property Type Multi-Family
Listing Status Pending
Square Footage 3,598 sqft
Price per Sqft $207
MLS Listing ID 1580467
Style Other Style
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,598
Originating Board Maine Listings
Year Built 1890
Annual Tax Amount $6,351
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Property Description
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!
Location
State ME
County York
Zoning B2
Rooms
Basement Dirt Floor,Full,Interior Entry,Unfinished
Interior
Interior Features Bathtub
Heating Multi-Zones,Hot Water,Baseboard
Cooling None
Flooring Wood,Vinyl,Tile,Carpet
Laundry Washer Hookup
Exterior
Garage 5 - 10 Spaces,Paved,On Site,Off Street
Garage Spaces 1.0
Waterfront No
View Y/N No
Roof Type Pitched,Shingle
Porch Porch,Screened
Parking Type 5 - 10 Spaces,Paved,On Site,Off Street
Garage Yes
Building
Lot Description Corner Lot,Level,Sidewalks,Near Shopping,Near Turnpike/Interstate,Near Public Transit
Foundation Granite
Sewer Public Sewer
Water Public
Architectural Style Other Style
Structure Type Vinyl Siding,Asbestos,Wood Frame
Others
Energy Description Oil