$745,000
Active
152 Days Online
0 Beds4 Baths3,598 SQFT
Active

356 Elm Street Biddeford, ME 04005

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyYork
  • Taxes$6,351
  • HOA/Condo/Coop Fees$0
  • Days on Site152 Days
  • MLS StatusActive
  • MLS ID Number1580467
  • Home Size Source N/A
  • Year Built1890
  • Lot Size0.35 Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Style Other Style
  • Construction Vinyl SidingAsbestos
  • Parking 5 - 10 SpacesPavedOn SiteOff Street
  • Sewer Public Sewer
  • Electric Circuit Breakers
  • Basement Dirt FloorFullInterior EntryUnfinished
  • Acreage 0.35
  • Water Public
  • Garage Spaces 1
  • Zoning B2

Interior Features

  • Cooling None
  • Heating Multi- ZonesHot WaterBaseboard
  • Flooring WoodVinylTileCarpet
  • Interior Bathtub
  • Laundry Features Washer Hookup

Exterior Features

  • Roof Shingle
  • Waterfront Property No
  • Lot Corner LotLevelSidewalksNear ShoppingNear Turnpike/ InterstateNear Public Transit
  • Patio And Porch PorchScreened

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Monthly Payment (Est.)

$3,945
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