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37 West St 4 Unit Apartment Building $849,000 ($212,250/Unit) Biddeford, ME 04005
Investment Highlights
- 2 miles to I95, hospital and all major shopping at Biddeford Crossing, Walmart, Home Depot etc.
Executive Summary
4 RESIDENTIAL APTS. & 8 STORAGE UNITS! ZONING WILL ALSO ALLOW FOR A 5TH UNIT. Nice apartment building located in an excellent & very convenient location. Minutes to the revitalized down town shops & restaurants, and about 10 minutes to area beaches. Great tenants and all ''tenants at will''. Building offers three 1st floor units & one 2nd floor unit. Units 101 & 102 are townhouse style units. All units have washer/dryer hook ups. Each tenant has an electric hot water tank and pay for their hot water. Each apartment has a Rinnai forced hot air heater and the landlord pays for the heat. All propane lines for the heat sources are separate, so by adding a few more propane tanks a conversion can be done if you want the tenants to heat themselves. Large yard & plenty of on site parking. Nice property. Worth previewing. Showings are Tuesday & Friday at 3:00. 24 HOUR NOTICE REQUIRED!
Property Facts
| Price | $849,000 | Building Class | C |
| Price Per Unit | $212,250 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 3,116 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1919 |
| Property Subtype | Apartment | Parking Ratio | 0.32/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | R2 - Residential 2 | ||
| Price | $849,000 |
| Price Per Unit | $212,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 3,116 SF |
| No. Stories | 2 |
| Year Built | 1919 |
| Parking Ratio | 0.32/1,000 SF |
| Zoning | R2 - Residential 2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
Site Amenities
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Property Taxes
| Parcel Number | BIDD-000028-000000-000165 | Improvements Assessment | $219,400 |
| Land Assessment | $252,400 | Total Assessment | $471,800 |
Property Taxes
Parcel Number
BIDD-000028-000000-000165
Land Assessment
$252,400
Improvements Assessment
$219,400
Total Assessment
$471,800
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37 West St
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