356 Elm

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Property Description:

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.

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Price:
$745,000
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Address: 356 Elm StreetCity: Biddeford
State: MEBuilding Area Total: 3598

Home Features

Basement: Dirt Floor, Full, UnfinishedConstruction Materials: Vinyl Siding, Asbestos, Wood Frame
Cooling: NoneFlooring: Wood, Vinyl, Tile, Carpet
Foundation Details: GraniteHeating: Multi-Zones, Hot Water, Baseboard
Lot Size Square Feet: 15246Parking Features: 5 - 10 Spaces, On Site, Paved, Off Street
Roof: Pitched, ShingleSewer: Public Sewer
Water Source: PublicYear Built: 1890
List Office Name: Realty Sales Inc

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