356 Elm Street, Biddeford, ME 04005
FOR SALE0.35 ACRES

356 Elm Street
Biddeford, ME 04005

  • Studio
  • 4 Baths
  • 3,598 sqft (on 0.35 acres)
  • Studio
  • 4 Baths
  • 3,598 sqft (on 0.35 acres)

$745,000

Est. Mortgage $4,642/mo*
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Local Information

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Commute Destination
Last check for updates: about 17 hours ago
Listing courtesy of Realty Sales Inc
Source: Maine Listings, MLS#1580467

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.

Home Highlights

Parking
1 Car Garage
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$207
Listed
No Info

Home Details for 356 Elm Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Dirt Floor,Full,Interior Entry,Unfinished
Beds & Baths
Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3598 Square Feet
Appliances & Utilities
Laundry: Washer Hookup
Heating & Cooling
Heating: Multi-Zones,Hot Water,BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Multi Zones
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Wood, Vinyl, Tile, Carpet
Levels, Entrance, & Accessibility
Floors: Wood, Vinyl, Tile, Carpet

Exterior Features

Exterior Home Features
Roof: Pitched ShinglePatio / Porch: Porch, ScreenedFoundation: GraniteNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: 5 - 10 Spaces,Paved,On Site,Off Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 3598 Square Feet

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Other
Building
Construction Materials: Vinyl Siding, Asbestos, Wood Frame

Price & Status

Price
List Price: $745,000Price Per Sqft: $207

Location

Direction & Address
City: Biddeford

Agent Information

Listing Agent
Listing ID: 1580467

Building

Building Area
Building Area: 3598 Square Feet

Lot Information

Lot Area: 0.35 acres

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 1580467

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4,356
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What Locals Say about Biddeford

  • Justin M.
    "they have live music in all part every week during the summer when they have an art festival on Main Street"
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  • Lmrousseau8
    "I’ve lived in this area for 5 years and love it. It’s a safe neighborhood for my kids which is most important "
    3
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  • Lifsabeach
    "There are lots of dogs in the neighborhood quiet roads and sidewalks to walk them. There are also trails and parks nearby. The only issue for us in our neighborhood is that there are several families that allow their dogs to be outside off leash and unfortunately our dog does not do well with other dogs."
    8
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  • Amy R.
    "I’m not really sure. I haven’t experienced much here to be honest. It’s a great community to live in though! "
    1
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  • Dale P.
    "I’ve lived in this neighborhood for 5 years. I know most of my neighbors and love that there are so many restaurants in walking distance. With Biddeford Pool and Old Orchard within 15 minutes, summers are filled with walks on the beach. "
    4
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  • unknown
    "While Biddeford is up and coming it still has a way to go. It is lower income living with a lot of crime. Shops are slowly popping up."
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  • Jmccarthy9225@gmail.com
    "alot of parks, and the people are getting friendlier. so far it's not bad city is really cleaning it up"
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  • Cecile P.
    "Information about school K - 12. Short drive to local beach in neighboring towns. Great starting point to drive to other local communities that offer there own sightseeing ventures. Absolutely great seafood available near by, Biddeford offers many wonderful restaurants to choose from"
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  • Tayloroldspoke
    "We have a vibrant arts community and various community events for all. We also have a great live theatre, restiraunts and brew bars. "
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  • Terrence H.
    "Centrally located, affordable, eclectic mix of working class people, folks on disability/ssi, and students "
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  • Renee O.
    "I've lived in this neighborhood for 9 months and is very quiet and friendly. I feel my kids are safe you play and neighbors are careful when driving. "
    1
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  • Mollybouchard
    "Biddeford is a new city to explore with my future husband. We are hoping the reviews are everything we have hoped for especially because we would like to start our family here. "
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  • Michelle L.
    "I live in town I'm in walking distance to all the amenities close to all the Mill buildings there are free concerts in the summer"
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  • Norm R. I.
    "A Norman Rockwell street! Fantastic area, park nearby, walk to stores and great neighborhood!"
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LGBTQ Local Legal Protections

Realty Sales Inc
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
356 Elm Street, Biddeford, ME 04005 is a studio, 4 bathroom, 3,598 sqft multi-family built in 1890. This property is currently available for sale and was listed by Maine Listings on Jan 16, 2024. The MLS # for this home is MLS# 1580467.