332 Alfred Street

Closed 12/20/21

Sold

Last Sold Price

$496,500

4 baths3,028 sqft

332 Alfred St, Biddeford, ME 04005

Multi FamilyProperty Type

0.16 acresLot Size

1900Year Built

$164/sq ftPrice per sq ft

1 carParking Spaces

Description

This 4-unit multi is perfect for anyone seeking an easy-to-own investment property. All units are currently occupied by at-will tenants, and each unit offers 2 bedrooms/1 bath, updated electrical throughout, and ample parking via two driveways and a garage! Conveniently located next to the intersection of Alfred St and Route 1, countless businesses and shops are within easy walking distance, including Five Points Shopping Center. Spacious front porch and newly rebuilt back deck and stairs offer each...This 4-unit multi is perfect for anyone seeking an easy-to-own investment property. All units are currently occupied by at-will tenants, and each unit offers 2 bedrooms/1 bath, updated electrical throughout, and ample parking via two driveways and a garage! Conveniently located next to the intersection of Alfred St and Route 1, countless businesses and shops are within easy walking distance, including Five Points Shopping Center. Spacious front porch and newly rebuilt back deck and stairs offer each unit its own entrance and outdoor space. This property is an excellent opportunity to own a multi-unit in one of Maine's most up-and-coming cities.

Listed by: Jessica Wallimann 207.939.6832 jes@vitalius.com • Vitalius Real Estate Group, LLC

Listing closed: 12/20/2021 12:00 AM • Source: Maine Listings, MLS#: 1512792

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Location

Listing Courtesy of Vitalius Real Estate Group, LLC

Sold By Portside Real Estate Group

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$3,024 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,651

Property Taxes

$374

HOA Dues

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Property Information for 332 Alfred Street

Property Details

Taxes: $4,484 / year
MLS Type: Multi-Family
County: York County
Has Waterfront: No
Zoning: B2

Building Information

Residences: 4
Year Built: 1900
Lot Size: 0.16 AC / 6,969 SF

Summary

Location and General Information

Water View: No
Location: Near Shopping, Near Turnpike/Interstate, Near Town

Page: 172
Zoning Overlay: No
Latitude: 43.48386
Longitude: -$70.47

Taxes and HOA

Association: No
Parcel Number: BIDD-000028-000000-000019

Tax Lot: 19
Tax Book Number: 18492
Tax Map Number: 28
Tax Year: 2022
Tax Annual Amount: $4,484.00

Parking

Parking Features: 1 - 4 Spaces, Paved, Common, Detached, Off Street
Parking: 1 - 4 Spaces, Off Street

Vehicle Storage: 1 Car, Detached
Has Attached Garage: No
Garage Spaces: 1.0
Has Garage: Yes

Property

Lot Information

Lot Features: Open, Level, Near Shopping, Near Turnpike/Interstate, Near Town
Lot Size Acres: 0.16

Lot Size Area: 0.16
Lot Size Source: Public Records
Lot Size Square Feet: 6969.6
Lot Size Units: Acres
Roads: Paved, Public
Road Surface Type: Paved
Site: Level, Open

Property and Assessments

Above Grade Finished Area: 3028.0
Building Area Total: 3028.0

Property Type: Multi-Family
Surveyed: No
Construction: Wood Frame
Year Built: 1900

Building Features

Levels: Multi-Level
Levels: Multi-Level

Construction Materials: Asbestos, Wood Frame

Financial Information

List Price/SqFt: $131.77

Utilities

Heat Fuel: Oil
Electric: Circuit Breakers

Gas: No Gas
Sewer: Public Sewer
Water Source: Public
Water Heater: Off Heating System
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Asbestos
Roof: Flat

Driveway: Common, Paved

Interior Features

Bathrooms Full: 4
Bathrooms Total Decimal: 4.0

Bathrooms Total Integer: 4
Basement: Interior, Bulkhead, Full, Unfinished
Basement: Bulkhead, Full, Unfinished
Has Cooling: No
Heating: Hot Water, Forced Air
Has Heating: Yes
Flooring: Wood, Tile

Multi Family

Multi Family Information

# of 2 BD Units: 4
Number Of Units Total: 4

Income & Expenses

Gross Income: $43,200.00
Operating Expense: $11,424.00

Unit Information

Unit 1

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: No
Level: Second
Security Deposit: Yes
Actual Rent: $875.00
Beds Total: 2
Rooms Total: 4

Unit 2

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: No
Level: Second
Security Deposit: Yes
Actual Rent: $925.00
Beds Total: 2
Rooms Total: 4

Unit 3

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: No
Level: First
Security Deposit: Yes
Actual Rent: $925.00
Beds Total: 2
Rooms Total: 4

Unit 4

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: No
Level: First
Security Deposit: Yes
Actual Rent: $875.00
Beds Total: 2
Rooms Total: 4

Rental

Rent Information

Land Lease: No

Property History for 332 Alfred Street

Date	Event & Source	Price	Appreciation
Dec 20, 2021	Sold Maine Listings #1512792	$496,500	—
Oct 29, 2021	Pending Maine Listings #1512792		—
Oct 21, 2021	Listed (Active) Maine Listings #1512792	$399,000	—
Apr 14, 2000	Sold Maine Listings #341315	$124,000	—
Mar 3, 2000	Active Under Contract Maine Listings #341315		—
Feb 19, 2000	Listed (Active) Maine Listings #341315	$119,900	—

Date	Event & Source	Price
12/20/2021	Sold Maine Listings #1512792	$496,500
10/29/2021	Pending Maine Listings #1512792	—
10/21/2021	Listed (Active) Maine Listings #1512792	$399,000
04/14/2000	Sold Maine Listings #341315	$124,000
03/03/2000	Active Under Contract Maine Listings #341315	—
02/19/2000	Listed (Active) Maine Listings #341315	$119,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

332 Alfred Street

Baths

Total Finished SqFt

3,028 SqFt

Above Grade Finished SqFt

3,028 SqFt

Unfinished Basement SqFt

704 SqFt

Stories

Lot Size

6,970 SqFt

Schools near 332 Alfred Street

This home is within Biddeford Public Schools.


Rating	School	Type	Grades	Distance
NR	Biddeford Primary School	Public - Serves this home	K to 2	0.6 mi
6/10	Biddeford Intermediate School	Public - Serves this home	3 to 4	0.8 mi
3/10	Biddeford Middle School	Public - Serves this home	5 to 7	0.8 mi
5/10	Biddeford High School	Public - Serves this home	8 to 12	0.8 mi
NR	St James School	Private - Nearby school	PK to 8	0.7 mi


Rating	School	Distance
NR	Biddeford Primary School PublicK to 2 Serves this home	0.6 mi
6/10	Biddeford Intermediate School Public3 to 4 Serves this home	0.8 mi
3/10	Biddeford Middle School Public5 to 7 Serves this home	0.8 mi
5/10	Biddeford High School Public8 to 12 Serves this home	0.8 mi
NR	St James School PrivatePK to 8 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.