159 Elm Street, Biddeford, ME 04005
$2,300,000
Property Type:
Multi-Family
Baths:
17
Square Footage:
11,650
Lot Size (sq. ft.):
10,019
Status:
Closed
Current Price:
$2,300,000
List Date:
2/17/2023
Last Modified:
1/14/2025
Description
Turn key 16 unit mixed use building located in the heart of Biddeford which is one of Maine's fastest growing cities! This building offers (7) - 1 bedrooms, (7) - 2 Bedrooms, (1) -3 bedroom + (1) leased commercial garage space & office + 9 +/- parking spaces. All units have been updated including new flooring, granite, paint, bathrooms, + Wi-Fi camera/surveillance & fire suppression system! Please don't miss the opportunity to own an easy to manage building close to everything!
Supplements: ********
More Information MLS# 1552583
Location Information
Book: 18590
Leased Land: No
Page: 816
Map: 38
Lot: 145
Zoning Overlay: Unknown
Association: No
Street #: 159
Street Name: Elm
Street Type: Street
County: York
Town: Biddeford
State/Province: ME
Zip Code: 04005
Zip +4: 5241
Zoning: MSRD1
Full Tax Amount $: 16052
Tax Year: 2022
Geo Lat: 43.494265
Geo Lon: -70.459536
Property Information
Surveyed: Unknown
Seasonal: No
Number of Units: 16
Deed Restrictions: Yes
Lot Size Acres +/-: 0.23
Total Baths: 17
Total Half Baths: 2
Road Frontage: Yes
Road Frontage +/-: 97
Source of Road Frontage: Public Records
SqFt Finished Above Grade: 11650
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 5
Total Full Baths: 15
Year Built: 1900
SqFt Finished Total: 11650
Source of Acreage: Public Records
Site
Level: 1
Open: 1
Sidewalks: 1
Location
Intown: 1
Near Shopping: 1
Neighborhood: 1
Roads
Paved: 1
Public: 1
Transportation
Major Road Access: 1
Water Info
Water Frontage: No
Water View: No
Style
Colonial: 1
Other: 1
Construction
Masonry: 1
Levels
Multi-Level: 1
Basement
Unfinished: 1
Exterior
Brick: 1
Roof
Composition: 1
Fiberglass: 1
Shingle: 1
Heat System
Hot Water: 1
Building Info
# Stories: 2
# Floors: 2
Heat Fuel
Gas Natural: 1
Income & Expenses
Gross Income: 272364
Operating Expenses: 91672
Cooling
None: 1
Floors
Carpet: 1
Units
# of 1 BD Units: 7
# of 2 BD Units: 7
# of 3 BD Units: 2
Parking
5 - 10 Spaces: 1
Off Street: 1
Unit 1
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1350
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1100
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: No
Unit 3
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1350
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
Unknown: 1
Unit 4
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1925
# Full Baths: 1
# Half Baths: 1
# of Rooms: 5
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Sewer
Public Sewer: 1
Unit 5
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1100
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Water
Public: 1
Unit 6
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 1200
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1075
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 9
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1100
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 10
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1490
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 11
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1842
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 12
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1360
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 13
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1350
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 14
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1625
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 15
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 16
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1750
# Half Baths: 1
# of Rooms: 2
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: No
Refrigerator: No
Sewer: Yes
Water: Yes
Driveway
Paved: 1
Sold Info
Appraiser Email Address: mclane.hill@cushwake.com
Basement Entry
Not Applicable: 1
Water Heater
Gas: 1
Amenities
Other Amenities: 1
Storage: 1
Vehicle Storage
Other Vehicle Storage: 1
Contract Information
Status: Closed
Original List Price: 2560000
Sold Price: $2,300,000
Current Price: $2,300,000
Status Change Info
Pending Date: 2023-02-27
Closed Date: 2023-05-01
Closed Price: 2300000
Property Features
Site: Level; Open; Sidewalks
Location: Intown; Near Shopping; Neighborhood
Roads: Paved; Public
Transportation: Major Road Access
Style: Colonial; Other
Levels: Multi-Level
Construction: Masonry
Basement: Unfinished
Basement Entry: Not Applicable
Exterior: Brick
Roof: Composition; Fiberglass; Shingle
Heat System: Hot Water
Heat Fuel: Gas Natural
Water Heater: Gas
Cooling: None
Floors: Carpet
Amenities: Other Amenities; Storage
Driveway: Paved
Parking: 5 - 10 Spaces; Off Street
Vehicle Storage: Other Vehicle Storage
Electric: Circuit Breakers
Gas: Unknown
Sewer: Public Sewer
Water: Public
Documents
Income/Expense ›
Listing Office:
F.O. Bailey Real Estate
IDX
Last Updated: January - 14 - 2025
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