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365 Main St
Biddeford, ME 04005
Multifamily Property For Sale
·
5 Units


Executive Summary
Welcome to 365 Main Street. Exceptionally well maintained 5 unit building with solid mechanical systems located in the heart of the revitalized down town. Walking distance to all cafes, shops, restaurants, Riverwalk & Amtrak. Seller has owned these buildings for a very long time and is retiring. Excellent long term tenants is the reason for below market rents. Most of the tenants are ''Tenants At Will'', which will allow the rental income to catch up to the current market rate. If you're looking for an extremely well maintained building, then you need to view this property. It's not often a clean building like this comes to the market. SHOWINGS ARE TUESDAYS AT 12:00 & FRIDAYS AT 12:00. 48 HOUR NOTICE IS REQUIRED.
Property Facts
| Price Per Unit | $208,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| No. Units | 5 | Building Size | 10,874 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | B1 | ||
| Price Per Unit | $208,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 10,874 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | B1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
Property Taxes
| Parcel Number | BIDD-000037-000000-000039 | Improvements Assessment | $385,900 |
| Land Assessment | $127,200 | Total Assessment | $513,100 |
Property Taxes
Parcel Number
BIDD-000037-000000-000039
Land Assessment
$127,200
Improvements Assessment
$385,900
Total Assessment
$513,100
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