$745,000
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,… Read More 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. Read Less
Courtesy of Realty Sales Inc 207-252-7474
Listing Snapshot
Days Online
165
Last Updated
Jun 29, 2024
Full Baths
4
Square Ft.
3,598
Lot Size
0.35 Acres
Year Built
1890
MLS Number
1580467
Additional Details
Basement
Basement: "Dirt Floor", "Full", "Interior Entry", "Unfinished"
Building
Architectural Style: "Other Style", Building Area Total: 3,598, Construction Materials: "Vinyl Siding", "Asbestos", "Wood Frame", Number Of Units Total: 4, Year Built: 1890
Cooling
Cooling: "None"
Expenses
Operating Expense: $15,265
Exterior Features
Patio And Porch Features: "Porch", "Screened", Patio And Porch Features: "Porch", "Screened"
Floors
Flooring: "Wood", "Vinyl", "Tile", "Carpet"
Foundation
Foundation Details: "Granite"
Garage
Attached Garage, Garage Included, 1 garage space
Heating
Heating: "Multi-Zones", "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $41,100
Interior Features
Features: "Bathtub"
Laundry
Features: "Washer Hookup"
Lot
Features: "Corner Lot", "Level", "Sidewalks", "Near Shopping", "Near Turnpike/Interstate", "Near Public Transit", 0.35 acres, Area: 0.35, 15,246 square feet
Parking
Features: "5 - 10 Spaces", "Paved", "On Site", "Off Street"
Property
Parcel Number: 356ElmBiddeford04005, Zoning: B2
Roof
Roof: "Pitched", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,351, Tax Lot: 177
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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