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356 Elm Street, Biddeford, ME, 04005 | $745,000
96. 5 % FHA FINANCING AVAILABLE. TERRIFIC OWNER OCCUPIED OR INVESTOR PURCHASE. Rents are below market rate and need to be increased. All tenants are tenants at will. Three units have been recently remodeled. Route one exposure with a high traffic count located at the 5 points intersection. This property is located in the B2 business zone and allows many different residential & commercial uses. Currently this building is utilized as a 4 unit apartment building, but it can additionally allocate for combined commercial & residential usage. This is an ideal diversified income producing property. Don't let this location pass you by. The real estate being conveyed is the right side of the building only. The left side of the building is owned by someone else (360-364 Elm St) but is available for purchase. One structure with a center party wall separation. 24 HOUR NOTICE REQUIRED FOR SHOWINGS. Seller will contribute towards buyers closing costs!
Features
- Amenities: Bathtub
- Baths: 4 full
- Units: 4
- Laundry: Washer Hookup
- Style: Other Style
- Year Built: 1890
- Garage: 1-car
- Heating: Multi-Zones, Hot Water, Baseboard
- Cooling: None
- Basement: Dirt Floor, Full, Interior Entry, Unfinished
- Approx Sq. Feet: 3,598
- Acreage: 0.35
- Est. Taxes: $6,351
- Lot Desc: Corner Lot, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Public Transit
- MLS#: 1580467
- Website: https://www.raveis.com
/prop/1580467/356elmstreet_biddeford_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of Realty Sales Inc
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