159 Elm Street

Multi-Family for Sale
Catylist Listing ID: 30131470
Property Subtypes: Low-Rise/Garden, Mixed Use
Number of Units: 17 Units
Building Size (RSF): 15,191 SF
Gross Land Area: 0.23 Acres
Sale Price: $1,095,000
Unit Price: $64,411.76 Per Unit
Property Use Type: Investment, Business
Usable Size (USF): 15,191 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2017

Overview / Comments

We are pleased to present for sale 159 Elm Street, Biddeford, offering 15 residential units (7 one-bed, 7 two-bed, and one 3-bed unit) plus an office and a garage unit with overhead door and work space. Many units boast recent upgrades, including appliances, cabinets, flooring, paint, counters, bathrooms, windows and insulation. There are four off-street parking spaces as well as on-street parking. Currently there is an on-site manager. This is an outstanding investment opportunity!
This property is also being offered for sale with 23 Green Street (a 4-unit residential property ideal as an owner-occupy).

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31050_38-145
Zoning: MSRD 2
Community Amenities: On-Site Maintenance
Highway Access: Easy access to I-95 (Maine Turnpike) and I-195
Airports: Biddeford Municipal Airport
Area Description: Biddeford is the principal commercial center of York County, in Southern Maine, located approximately 20 minutes south of Portland. The population was 21,277 at the 2010 census.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1900
Year Renovated: 2017
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Four on-site spaces plus on-street parking
Total Parking Spaces: 4
Heat Type: Hot Water
Fuel: Oil
Lot Frontage: 97.3
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,090 33,925 51,243
Median Age: 37.85 41.03 41.35
Households: 7,564 14,694 21,778
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