24 State Street, Biddeford, ME 04005

$5,450,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1478260

25623702_60D70D2A_BF72_4684_A442_CC0FAFA

25623708_A3DC4C84_1CA9_4AA8_9788_2BFF92A

25623714_53BA92CD_AC9C_440C_9A9F_56C49FB

25623716_B4A823A2_DB36_4083_9FA9_9BA0DEC

25623719_FE737EBB_1C37_4CF0_88BC_BF837DE

25623722_11FDC076_2F03_4B08_8CE1_A0173C6

Property Type: Multi-Family Baths: 40 Square Footage: 53,000 Lot Size (sq. ft.): 78,408 Status: Closed

Current Price: $5,450,000 List Date: 12/15/2020 Last Modified: 1/06/2025

Overview

Description

24 State St, Biddeford 42 unit apartment complex (excellent condition) All townhouse style units, 90+/- parking spaces, 34 - 2 bedrooms, 8 - 3 bedrooms

Listing Details MLS# 1478260

Location Information

Street #: 24
Street Name: State
Street Type: Street
County: York
Town: Biddeford
State/Province: ME
Zip Code: 04005
Zip +4: 5256
Leased Land: No
Book: 18042
Page: 763
Map: 37
Lot: 114
Zoning: R-2
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 60048
Tax Year: 2020

Contract Information

Original List Price: 5450000

Property Information

Surveyed: Yes
Seasonal: No
Deed/Conveyance Type Offered: Warranty
Number of Units: 42
Total Baths: 40
Total Full Baths: 20
Total Half Baths: 20
Year Built: 1920
SqFt Finished Above Grade: 53000
SqFt Finished Total: 53000
Garage: No
Lot Size Acres +/-: 1.8
Source of Acreage: Public Records
Road Frontage +/-: 362
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2020-12-15
Closed Date: 2020-12-15
Closed Price: 5450000

Water Info

Water Frontage: No
Water View: No

Units

# of 2 BD Units: 34
# of 3 BD Units: 8

More Information

Unit 1

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# of Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
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: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 8

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
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: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
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: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
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: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
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: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
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: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
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: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
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: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 16

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 17

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 18

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 19

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 20

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 7
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Utilities

Utilities On: Yes

Site

Open: Yes

Location

Near Railroad: Yes
Near Shopping: Yes
Near Town: Yes

Roads

Paved: Yes
Public: Yes

Style

Mansard: Yes

Construction

Wood Frame: Yes

Basement

None: Yes

Foundation Materials

Slab: Yes

Exterior

Vinyl Siding: Yes
Wood Siding: Yes

Roof

Membrane: Yes
Shingle: Yes

Heat System

Other Heat System: Yes

Heat Fuel

Electric: Yes

Income & Expenses

Gross Income: 602700
Operating Expenses: 209459

Cooling

Other: Yes

Floors

Carpet: Yes
Vinyl: Yes

Parking

Other Parking: Yes
Off Street: Yes
On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Interior: Yes

Water Heater

Electric: Yes

Property Features

Site: Open Location: Near Railroad; Near Shopping; Near Town Roads: Paved; Public Style: Mansard Construction: Wood Frame Basement: None Basement Entry: Interior Foundation Materials: Slab Exterior: Vinyl Siding; Wood Siding Roof: Membrane; Shingle Heat System: Other Heat System Water Heater: Electric Cooling: Other Floors: Carpet; Vinyl Driveway: Paved Parking: Other Parking; Off Street; On Site; Paved Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Disclosures ›

IDX

Listing Office: F.O. Bailey Real Estate

Selling Office: F.O. Bailey Real Estate

Last Updated: January - 06 - 2025

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.