Biddeford, ME 04005,12 King ST
Biddeford, ME 04005,12 King ST
Biddeford, ME 04005,12 King ST
30
Listed by Realty Sales Inc
Bought with Real Broker
$687,500
$750,000
8.3%
Est.Price: ?

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5 BA
4,916 SqFt

12 King ST Biddeford, ME 04005

SOLD DATE : 12/27/2022

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Key Details

Sold Price $687,500

Property Type Multi-Family

Listing Status Sold

Square Footage 4,916 sqft

MLS Listing ID 1541379

Sold Date 12/27/22

Style Other Style

Full Baths 5

HOA Y/N No

Abv Grd Liv Area 4,916

Originating Board Maine Listings

Year Built 1890

Annual Tax Amount $3,954

Tax Year 2022

Lot Size 3,920 Sqft

Acres 0.09

Property Description

''NO FIRE SAFETY VIOLATIONS BUILDING'' JUST COLLECT THE RENT! See attached compliance letter from the City of Biddeford. Very well maintained 5 unit with a maintenance free exterior offering vinyl siding and no lawn to maintain. This urban style location is basically zero exterior maintenance. Non Smoking,No Pets
Building.Two brand new apartments.One is currently under construction and will be completed soon. The new completed 1st floor 2 bedroom unit could also make a great owner occupied building. Live for free. Let the other 4 tenants pay the expenses.Current three existing rents of $900, $900 & $1,000 are below market rates and should be increased. Current three tenants are all tenants at will. The $1,650 & $1,550 rents are the two vacant units, and the rents are projected, although accurate and possibly still low.The two vacant units are being left vacant purposely to allow a new owner to allocate the rental amounts they demand. This is a very good solid mechanical & turnkey building. Located in the heart of all down town amenities. 10 minute walk to Amtrak. If you want a GOOD BUILDING, this is the building to preview. 24 HOUR NOTICE REQUIRED.

Location

State ME

County York

Zoning MSRD2

Direction King Street is located in between Hill St & Foss St. In proximity behind Northeast FCU & the Biddeford Police Dept. Sign out front.

Rooms

Basement Dirt Floor, Full, Interior Entry

Interior

Interior Features Shower

Heating Multi-Zones, Hot Water, Heat Pump, Forced Air, Baseboard

Cooling Heat Pump

Flooring Wood, Vinyl, Laminate

Laundry Washer Hookup

Exterior

Garage 1 - 4 Spaces, Paved, On Site

Waterfront No

View Y/N No

Roof Type Membrane,Pitched,Shingle

Accessibility Level Entry

Porch Porch

Garage No

Building

Lot Description Level, Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit

Story 3

Foundation Granite

Sewer Public Sewer

Water Public

Architectural Style Other Style

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Oil, Electric

Financing Conventional

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Maine MLS (MREIS) IDX

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Chris Davis

Agent | me.BA924046

+1(207) 756-2442

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