5 Fall Street

Closed 3/15/23

Sold

Last Sold Price

$675,000

4 baths3,165 sqft

5 Fall St, Biddeford, ME 04005

Multi FamilyProperty Type

0.2 acresLot Size

1800Year Built

$213/sq ftPrice per sq ft

Description

Don't miss the fantastic opportunity! Fully occupied 4 unit incoming producing multi-family, located within walking distance of the rejuvenated and vibrant downtown Biddeford. All of the units have newer flooring in kitchens and baths, and they each have their own in unit washers and dryers, dedicated off street parking, and updated decking to round out this not to be missed building to add to your portfolio!Don't miss the fantastic opportunity! Fully occupied 4 unit incoming producing multi-family, located within walking distance of the rejuvenated and vibrant downtown Biddeford. All of the units have newer flooring in kitchens and baths, and they each have their own in unit washers and dryers, dedicated off street parking, and updated decking to round out this not to be missed building to add to your portfolio!

Listed by: Derek Goff Joseph Tomazin 207.774.4224 frontdesk@beangroup.com • Bean Group

Listing closed: 03/15/2023 12:00 AM • Source: Maine Listings, MLS#: 1552107

Recent comparable sales

Median sold price

$685,000

Avg days on market

Sale-to-list ratio

96.4%

1/14

$651,000

Sold 05/15/26

Unavailable
Bedrooms: 4
Bathrooms: 3,000
Square Feet: 0.12
Acres

13 Western Avenue, Biddeford, ME 04005

1/41

$805,000

Sold 09/17/26

Unavailable
Bedrooms: 4
Bathrooms: 3,224
Square Feet: 0.12
Acres

20 Vincent Avenue, Biddeford, ME 04005

1/26

$730,000

Sold 11/27/24

Unavailable
Bedrooms: 4
Bathrooms: 2,700
Square Feet: 0.15
Acres

16 Clifford Street, Biddeford, ME 04005

1/50

$685,000

Sold 02/06/25

Unavailable
Bedrooms: 4
Bathrooms: 2,688
Square Feet: 0.13
Acres

24 Congress Street, Biddeford, ME 04005

1/54

$605,000

Sold 08/21/26

Unavailable
Bedrooms: 4
Bathrooms: 2,624
Square Feet: 0.06
Acres

23 Green Street, Biddeford, ME 04005

1/25

$750,000

Sold 10/24/25

Unavailable
Bedrooms: 4
Bathrooms: 3,746
Square Feet: 0.24
Acres

3 Union Street, Biddeford, ME 04005

1/55

$650,000

Sold 05/28/25

Unavailable
Bedrooms: 4
Bathrooms: 2,875
Square Feet: 0.15
Acres

19 High Street, Biddeford, ME 04005

1/41

$587,000

Sold 05/18/26

Unavailable
Bedrooms: 4
Bathrooms: 3,448
Square Feet: 0.12
Acres

16 Hill Street, Biddeford, ME 04005

1/10

$870,000

Sold 08/15/25

Unavailable
Bedrooms: 4
Bathrooms: 3,648
Square Feet: 0.3
Acres

33 George Street, Biddeford, ME 04005

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Location

Listing Courtesy of Bean Group

Sold By Coldwell Banker Realty

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$4,070 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,604

Property Taxes

$467

HOA Dues

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Property Information for 5 Fall Street

Property Details

Taxes: $5,599 / year
MLS Type: Multi-Family
County: York County
Architectural Style: Colonial
Style: Colonial
Has Waterfront: No
Zoning: R2

Building Information

Residences: 4
Year Built: 1800
Lot Size: 0.20 AC / 8,712 SF

Summary

Location and General Information

Water View: No
Location: Intown, Neighborhood

Page: 798, 799
Directions: From Hill Street, Right on to Fall #5 on the left
Latitude: 43.48733
Longitude: -$70.46

Taxes and HOA

Association: No
Parcel Number: BIDD-000035-000000-000045

Tax Lot: 45
Tax Book Number: 18655
Tax Map Number: 35
Tax Year: 2022
Tax Annual Amount: $5,599.00

Parking

Parking Features: 5 - 10 Spaces, Paved, On Site
Parking: 5 - 10 Spaces, On Site

Vehicle Storage: No Vehicle Storage
Has Attached Garage: No
Has Garage: No

Property

Lot Information

Lot Features: Open, Level, Intown, Neighborhood
Lot Size Acres: 0.2

Lot Size Area: 0.2
Lot Size Source: Public Records
Lot Size Square Feet: 8712.0
Lot Size Units: Acres
Roads: Paved
Road Surface Type: Paved
SqFt Source: Public Records
Site: Level, Open

Property and Assessments

Above Grade Finished Area: 3165.0
Building Area Total: 3165.0

Property Type: Multi-Family
Construction: Wood Frame
Year Built: 1800

Building Features

Construction Materials: Vinyl Siding, Wood Frame

Financial Information

List Price/SqFt: $208.53

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: Vinyl Siding
Roof: Shingle

Driveway: Paved

Interior Features

Amenities: 1st Floor Bedroom, Bathtub, Main Level, Upper Level
Bathrooms Full: 4

Bathrooms Total Decimal: 4.0
Bathrooms Total Integer: 4
Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
Basement: Bulkhead, Sump Pump, Exterior Only, Unfinished
Basement: Bulkhead, Sump Pump, Unfinished
Patio And Porch Features: Deck
Has Cooling: No
Heating: Hot Water, Baseboard
Has Heating: Yes
Flooring: Vinyl, Carpet
Interior Features: 1st Floor Bedroom, Bathtub

Room Information

Laundry

Laundry Room Amenities: Laundry - 1st Floor, Upper Level, Main Level

Multi Family

Multi Family Information

# of 1 BD Units: 1
# of 2 BD Units: 2

# of 3 BD Units: 1
Number Of Units Total: 4

Income & Expenses

Gross Income: $78,000.00
Operating Expense: $14,435.00

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: First
Security Deposit: Yes
Actual Rent: $1,300.00
Beds Total: 1
Rooms Total: 3

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: First
Security Deposit: Yes
Actual Rent: $1,600.00
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: Second
Security Deposit: Yes
Actual Rent: $1,600.00
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: Second
Security Deposit: Yes
Actual Rent: $2,000.00
Beds Total: 3
Rooms Total: 5

Rental

Rent Information

Land Lease: No

Property History for 5 Fall Street

Date	Event & Source	Price	Appreciation
Mar 15, 2023	Sold (Public Record) Public Record #1508167686	$675,000	—
Mar 15, 2023	Sold Maine Listings #1552107	$675,000	—
Feb 13, 2023	Pending Maine Listings #1552107		—
Feb 8, 2023	Listed (Active) Maine Listings #1552107	$660,000	—
May 6, 2021	Sold Maine Listings #1483027	$490,000	—
Mar 8, 2021	Pending Maine Listings #1483027		—
Feb 26, 2021	Listed (Active) Maine Listings #1483027	$475,000	—

Date	Event & Source	Price
03/15/2023	Sold (Public Record) Public Record #1508167686	$675,000
03/15/2023	Sold Maine Listings #1552107	$675,000
02/13/2023	Pending Maine Listings #1552107	—
02/08/2023	Listed (Active) Maine Listings #1552107	$660,000
05/06/2021	Sold Maine Listings #1483027	$490,000
03/08/2021	Pending Maine Listings #1483027	—
02/26/2021	Listed (Active) Maine Listings #1483027	$475,000

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

Public records

5 Fall Street

Baths

Total Finished SqFt

3,165 SqFt

Above Grade Finished SqFt

3,165 SqFt

Unfinished Basement SqFt

1,294 SqFt

Stories

Lot Size

8,712 SqFt

Schools near 5 Fall Street

This home is within Biddeford Public Schools.


Rating	School	Type	Grades	Distance
NR	Biddeford Primary School	Public - Serves this home	K to 2	1.1 mi
6/10	Biddeford Intermediate School	Public - Serves this home	3 to 4	1.1 mi
3/10	Biddeford Middle School	Public - Serves this home	5 to 7	1.1 mi
5/10	Biddeford High School	Public - Serves this home	8 to 12	1.0 mi
NR	St James School	Private - Nearby school	PK to 8	0.3 mi


Rating	School	Distance
NR	Biddeford Primary School PublicK to 2 Serves this home	1.1 mi
6/10	Biddeford Intermediate School Public3 to 4 Serves this home	1.1 mi
3/10	Biddeford Middle School Public5 to 7 Serves this home	1.1 mi
5/10	Biddeford High School Public8 to 12 Serves this home	1.0 mi
NR	St James School PrivatePK to 8 Nearby school	0.3 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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 5 Fall Street, Biddeford, ME 04005	$675,000	–	4	3,165	8,712
1 Fall Street, Biddeford, ME 04005	$435,000	4	2	1,967	6,969
11 Fall Street, Biddeford, ME 04005	–	–	–	–	5,227
111 Summer Street, Biddeford, ME 04005	$286,000	–	3	2,398	4,356
100 Summer Street, Biddeford, ME 04005	$1,850,000	–	12	8,604	10,454
100-104 Summer Street, Biddeford, ME 04005	$890,000	–	12	8,604	10,454
101 Summer Street, Biddeford, ME 04005	$378,000	–	2	1,791	3,049
92 Summer Street, Biddeford, ME 04005	$135,000	2	1	1,340	1,742
15 Fall Street, Biddeford, ME 04005	–	3	2	1,792	7,841
104 Summer Street, Biddeford, ME 04005	–	–	6	4,212	5,227
99 Summer Street, Biddeford, ME 04005	$225,000	–	3	3,060	3,484
140 Hill Street, Biddeford, ME 04005	$188,000	3	1	1,440	6,969
88 Summer Street, Biddeford, ME 04005	–	–	5	3,371	6,098
145 Hill Street, Biddeford, ME 04005	$47,500	–	2	–	6,098
117 Summer Street, Biddeford, ME 04005	$255,000	3	1	2,596	12,196
84 Summer Street, Biddeford, ME 04005	$170,000	2	1	1,100	5,662

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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.