Closed

$775,000

478 Main Street, Biddeford, ME 04005

15beds

4,101sqft

Multi Family

Built in 1900

-- sqft lot

$863,600 Zestimate^®

$189/sqft

$1,787 Estimated rent

Home value

$863,600

$803,000 - $933,000

$1,787/mo

Zestimate^® history

Owner options

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$1,787/mo

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$1,787/mo

Rent Zestimate^®

Refinance and save

$3,838/mo

Est. payment

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$3,838/mo

Est. payment

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What's special

Introducing a prime multifamily opportunity in Biddeford, Maine! This property offers three updated 5 bedroom units with near identical floorplans. Recent renovations also include updated 400 amp electric service, newer roof, and coin-operated laundry facilities. The property features a green space back yard with Saco River access for kayaking and fishing. Don't miss out on this exceptional multifamily offering. Schedule your showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 3
Full bathrooms: 3

Heating

Hot Water

Cooling

None

Appliances

Laundry: Laundry - Coin

Features

Flooring: Carpet, Laminate, Wood
Basement: Interior Entry,Full,Unfinished

Interior area

Total structure area: 4,101
Total interior livable area: 4,101 sqft
Finished area above ground: 4,101
Finished area below ground: 0

Property

Parking

Parking features: Paved, 5 - 10 Spaces

Features

Levels: Multi/Split
Stories: 3
Patio & porch: Deck
On waterfront: Yes
Body of water: Saco River
Frontage length: Waterfrontage: 100,Waterfrontage Owned: 100

Lot

Size: 0.57 Acres
Features: Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Sidewalks

Details

Parcel number: BIDDM37L7
Zoning: R1B

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Asbestos
Foundation: Granite, Brick/Mortar
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Biddeford

Financial & listing details

Price per square foot: $189/sqft
Tax assessed value: $491,600
Annual tax amount: $6,347
Date on market: 5/2/2024

Price history

Date	Event	Price
6/7/2024	Sold	$775,000+4%$189/sqft
Source: Maine Listings #1588115 Report a problem
5/8/2024	Pending sale	$745,000$182/sqft
Source: Maine Listings #1588115 Report a problem
5/2/2024	Listed for sale	$745,000$182/sqft
Source: Maine Listings #1588115 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,991 +10.1%	$491,600 +1.6%
2023	$6,347 +18.5%	$483,800 +48.2%
2022	$5,356 +4.1%	$326,400 +15.7%
2021	$5,143 +8.6%	$282,100 +19.5%
2020	$4,734 +5.6%	$236,100 +5.2%
2019	$4,484 +1.4%	$224,400
2018	$4,421 +6.2%	$224,400 +8.2%
2017	$4,163 +1.1%	$207,400
2016	$4,119 +7.2%	$207,400
2015	$3,843 +2.5%	$207,400
2014	$3,749 -13.3%	$207,400 -15.9%
2013	$4,323 +18.7%	$246,600 -0.4%
2010	$3,641 +6.5%	$247,700 +38.1%
2006	$3,418	$179,400