Bought with Maine Community Real Estate
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72 Foss ST Biddeford, ME 04005
SOLD DATE : 08/30/2022Want to know what your home might be worth? Contact us for a FREE valuation!
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Key Details
Sold Price $658,000
Property Type Multi-Family
Listing Status Sold
Square Footage 4,256 sqft
MLS Listing ID 1531691
Sold Date 08/30/22
Style Multi-Level
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,256
Year Built 1890
Annual Tax Amount $5,810
Tax Year 2022
Lot Size 4,791 Sqft
Acres 0.11
Source Maine Listings
Land Area 4256
Property Description
Location! Location! Location! Great investment opportunity with easy walkability to downtown Biddeford & Saco and all that Main Street and the revitalized Mills have to offer! Beautifully updated, turn key four unit proudly maintained by the same family for more than 70 years. One of the Units is currently being used as Air BNB. All 4 Units are very spacious! Four ''off street'' parking spaces as well as two municipal parking lots steps away. Food & Wine Magazine names Biddeford as one of four American ''small cities with big food scenes.'' Three units have leases until Dec. 31, 2022. AIR BNB is rented until August 31, 2022. EXPENSES: Taxes - $5810, Insurance - $2700, Water & Sewer - $2500, Heating - 1740 gal., Electric in Common Areas - $240. NET OPERATING INCOME: $52,214.
48 hour notice required to view property.
Location
State ME
County York
Zoning MSRD2
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub
Heating Hot Water, Forced Air
Cooling None
Flooring Laminate, Carpet
Laundry Washer Hookup
Exterior
Parking Features 1 - 4 Spaces, Other, Paved, On Site
Utilities Available 1
View Y/N No
Roof Type Composition
Street Surface Paved
Garage No
Building
Lot Description Corner Lot, Sidewalks, Intown, Near Shopping, Near Public Transit
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Oil
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