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Image 1 - 356 Elm St, Biddeford, Maine, 04005 - House for sale
Image 2 - 356 Elm St, Biddeford, Maine, 04005 - House for sale
Image 3 - 356 Elm St, Biddeford, Maine, 04005 - House for sale
Image 4 - 356 Elm St, Biddeford, Maine, 04005 - House for sale
Image 5 - 356 Elm St, Biddeford, Maine, 04005 - House for sale
Image 6 - 356 Elm St, Biddeford, Maine, 04005 - House for sale
Image 7 - 356 Elm St, Biddeford, Maine, 04005 - House for sale
Image 8 - 356 Elm St, Biddeford, Maine, 04005 - House for sale
Image 9 - 356 Elm St, Biddeford, Maine, 04005 - House for sale
Home For Sale In Biddeford, Maine
356 Elm St, Biddeford, Maine, 04005

Home For Sale In Biddeford, Maine

house for sale
views
Listed: 01/21/24

356 Elm St, Biddeford, Maine, 04005

Studio Bed:
4 Bath:
3,598 Sq Ft Living Area:
Save
Price
$ 745,000

About This House

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 and residential uses. Currently this building is utilized as a 4 unit apartment building, but it can additionally allocate for combined commercial and 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 (360-364Elm St). One structure with a center party wall separation. Showings are Tuesdays and Thursdays at 3:00. 24 hour notice required .

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Five Points Housing & Living

Household Income

Median household income: $49,812
Number of households: 8,545
The average household income in Biddeford, ME grew from $47,265 to $49,812 in the past year. This data is an estimate based upon 8,545 households in Biddeford, ME.
The chart below presents how household income is distributed in Biddeford, ME in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Biddeford, ME compared to median property taxes around the country. The prevalent amount of property taxes in Biddeford, ME equals $3k+ , which is more than the national average.