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356-360 Elm St

4 Unit Apartment Building $745,000 ($186,250/Unit) Biddeford, ME 04005

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Executive Summary

ROUTE 1 EXPOSURE WITH A HIGH TRAFFIC COUNT located at the 5 points intersection. 3.5 % DOWN PAYMENT-96.5 % FHA FINANCING AVAILABLE. This property is located in the B2 business zone and allows many different commercial & residential 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. Run your business from the large 1st floor front unit with the extensive route 1 exposure and collect the rent from the other three tenants. 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). One structure with a center party wall separation. Showings are Tuesdays & Thursdays at 3:00. 24 HOUR NOTICE REQUIRED.

356 Elm St Property Disclosures

356 Elm St Arsenic Wood

356 Elm St Lead Paint Addendum

356 Elm St Income & Expenses

356 Elm St Deed

356 Elm St Boundary Plan

Property Facts Under Contract

Price	$745,000	Apartment Style	Mid Rise
Price Per Unit	$186,250	Building Class	C
Sale Type	Investment	Lot Size	0.85 AC
No. Units	4	Building Size	2,550 SF
Property Type	Multifamily	No. Stories	3
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Year Built	1890

Price	$745,000
Price Per Unit	$186,250
Sale Type	Investment
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.85 AC
Building Size	2,550 SF
No. Stories	3
Year Built	1890

Unit Amenities

Air Conditioning
Heating

Kitchen
Refrigerator

Oven

Tub/Shower

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple BIDD-000027-000000-000176 BIDD-000027-000000-000177	Improvements Assessment	$414,500
Land Assessment	$528,700	Total Assessment	$943,200