Are you in search of an investment opportunity? Look no further! This 3-unit building is located in a fantastic neighborhood and is well-maintained and managed. The property boasts a solid rental history and features a newer on-demand hot water system. Additionally, two of the units have laundry facilities. Enjoy the large, sunny lot with yard and patio area, as well as the enclosed porch in Unit #1. The property includes a detached garage and ample parking space in the driveway. Each unit has a separate entrance and is well laid out and spacious. With the potential for income generation through owner occupancy or renting all three units, this property is a great investment. Located close to town amenities, this property is truly a wonderful opportunity. Unit #3 was owner occupied.
Closed
$573,500
18 Fall Street, Biddeford, ME 04005
5beds
3,270sqft
Multi Family
Built in 1900
-- sqft lot
$680,600 Zestimate®
$175/sqft
$2,343 Estimated rent
Home value
$680,600
$640,000 - $721,000
$2,343/mo
Zestimate® history
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Owner options
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$2,343/mo
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Rent Zestimate®
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$2,840/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: January 14, 2025 at 07:03pm
Listed by:
Kennebunk Beach Realty
Bought with:
U&R Real Estate
Source: Maine Listings,MLS#: 1561118
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Zoned
Cooling
- None
Features
- 1st Floor Bedroom, Bathtub, Shower, Walk-In Closet(s)
- Flooring: Carpet, Laminate, Tile, Wood
- Basement: Interior Entry,Full,Partial,Unfinished
Interior area
- Total structure area: 3,270
- Total interior livable area: 3,270 sqft
- Finished area above ground: 3,270
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Common, Paved, 5 - 10 Spaces, On Site, On Street, Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Patio & porch: Patio, Porch
Lot
- Size: 0.30 Acres
- Features: City Lot, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Shopping Mall, Near Railroad, Sidewalks
Details
- Parcel number: BIDDM35L40
- Zoning: R2
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Aluminum Siding, Vinyl Siding
- Foundation: Granite, Other, Brick/Mortar
- Roof: Composition
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Biddeford
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2023 | Sold | $573,500+6.4%$175/sqft |
Source:  Maine Listings #1561118 Report a problem | ||
| 6/30/2023 | Pending sale | $539,000$165/sqft |
Source: Maine Listings #1561118 Report a problem | ||
| 6/9/2023 | Contingent | $539,000$165/sqft |
Source: Maine Listings #1561118 Report a problem | ||
| 6/4/2023 | Listed for sale | $539,000+111.4%$165/sqft |
Source: Maine Listings #1561118 Report a problem | ||
| 2/14/2017 | Sold | $255,000+3.2%$78/sqft |
Source: Maine Listings #1290966 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,706 +9.4% | $471,600 +1% |
| 2023 | $6,128 +17.6% | $467,100 +47% |
| 2022 | $5,213 +3.9% | $317,700 +15.4% |
Find assessor info on the county website
Neighborhood: 04005
Nearby schools
GreatSchools rating
- NAJohn F Kennedy Memorial SchoolGrades: PK-KDistance: 0.8 mi
- 3/10Biddeford Middle SchoolGrades: 5-8Distance: 1.1 mi
- 5/10Biddeford High SchoolGrades: 9-12Distance: 0.9 mi
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- Maine
- York County
- Biddeford
- 04005
- 18 Fall Street