5-7-9 Cutts Street, Biddeford, ME 04005

$1,240,000

Property Type: Multi-Family Baths: 10 Square Footage: 6,713 Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $1,240,000 List Date: 9/05/2023 Last Modified: 1/14/2025

Overview

Description

Fantastic value in downtown Biddeford. 10 units, two buildings plus a garage. New heating system and several other upgrades. Some units have historic details, 1 & 2 bedroom units with off street parking. Come see this investment opportunity.

Listing Details MLS# 1557361

Location Information

Street #: 5-7-9
Street Name: Cutts
Street Type: Street
County: York
Town: Biddeford
State/Province: ME
Zip Code: 04005
Zip +4: 2305
Leased Land: No
Book: 18442
Page: 561
Map: 38
Lot: 59 & 59-1
Zoning: MSRD2
Zoning Overlay: No
Association: No
Full Tax Amount $: 10763
Tax Year: 2023

Contract Information

Original List Price: 1250000

Property Information

Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Deed/Conveyance Type Offered: Quit Claim
Deed: All
Deed Restrictions: Unknown
2 Detached Houses on 1 Lot: Yes
Number of Units: 10
Total Baths: 10
Total Full Baths: 10
Color: Gray & Yellow
Year Built: 1900
SqFt Finished Above Grade: 6713
SqFt Finished Total: 6713
SqFt Source: Public Records
Other Source of Square Footage: Both building total SF per assessor
Garage: Yes
Garage Spaces: Yes
Lot Size Acres +/-: 0.2
Source of Acreage: Public Records
Acreage Other Source: Both parcels total acreage per assessor
Road Frontage: Yes
Road Frontage +/-: 100
Source of Road Frontage: Deed
Road Front Other Source: 100 feet approx per GIS measurement (see deed)
Total Half Baths: 0
SqFt Finished Below Grade: 0

Status Change Info

Pending Date: 2023-06-23
Closed Date: 2023-09-01
Closed Price: 1240000

Water Info

Water Frontage: No
Water View: No

Building Info

# Floors: 3
# Heating Units: 2
# Water Heaters: 10

More Information

Units

# of 1 BD Units: 4
# of 2 BD Units: 6

Unit 1

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1100
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1250
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 650
# Full Baths: Yes
# of Rooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 850
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 7

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1195
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 8

Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 842
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 9

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1350
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 10

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1375
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Utilities

Utilities On: Yes

Sold Info

Appraiser Email Address: jason@mainelandconsultants.com

Site

Level: Yes

Location

Intown: Yes
Near Town: Yes
Near Turnpike/Interstate: Yes

Roads

Paved: Yes
Public: Yes

Style

New Englander: Yes

Construction

Wood Frame: Yes

Basement

Brick/Mortar: Yes
Crawl Space: Yes
Partial: Yes
Sump Pump: Yes
Unfinished: Yes

Foundation Materials

Block: Yes
Brick/Mortar: Yes
Other: Yes
Poured Concrete: Yes

Exterior

Clapboard: Yes

Roof

Composition: Yes
Fiberglass: Yes
Pitched: Yes
Shingle: Yes

Heat System

Baseboard: Yes
Hot Water: Yes

Heat Fuel

Gas Natural: Yes
Oil: Yes

Income & Expenses

Gross Income: 132144
Operating Expenses: 60229

Cooling

None: Yes

Floors

Vinyl: Yes
Wood: Yes

Parking

5 - 10 Spaces: Yes
On Site: Yes

Electric

Circuit Breakers: Yes
Fuses: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Restrictions

1 Pet: Yes

Basement Entry

Exterior Only: Yes

Water Heater

Electric: Yes

Vehicle Storage

1 Car: Yes
Detached: Yes

Property Features

Site: Level Location: Intown; Near Town; Near Turnpike/Interstate Roads: Paved; Public Style: New Englander Construction: Wood Frame Basement: Brick/Mortar; Crawl Space; Partial; Sump Pump; Unfinished Basement Entry: Exterior Only Foundation Materials: Block; Brick/Mortar; Other; Poured Concrete Exterior: Clapboard Roof: Composition; Fiberglass; Pitched; Shingle Heat System: Baseboard; Hot Water Heat Fuel: Gas Natural; Oil Water Heater: Electric Cooling: None Floors: Vinyl; Wood Driveway: Paved Parking: 5 - 10 Spaces; On Site Vehicle Storage: 1 Car; Detached Restrictions: 1 Pet Electric: Circuit Breakers; Fuses Gas: Natural - On Site Sewer: Public Sewer Water: Public

Listing Office: Keller Williams Realty

IDX

Last Updated: January - 14 - 2025

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