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29 Cutts Street, Biddeford, ME 04005
$925,000
29 Cutts Street, Biddeford, ME 04005View this property at 29 Cutts Street, Biddeford, ME 04005
29 Cutts StreetBiddefordME04005
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Property Description
SUPERIOR CONDITION. METICULOUSLY WELL MAINTAINED & UPGRADED CONSISTENTLY.JUST COLLECT THE RENT. You will not find a better multi-family building then this one, unless it is brand new. Wheel chair ramp accessible for both 1st floor units. All 6 units are identical layouts consisting of a kitchen, double living rooms, 3 bedrooms, 1.5 bathrooms and a shed/mudroom at the rear entry & a covered porch.Maintenance free floor decking. 2019 the building was completely painted from top to bottom. All 68 exterior window trims were redone with Azek . Most of the building also has Azek trim. New front porch roof & new exterior storms doors installed throughout.2015 Two Buderus Furnaces installed. 2013 rubber membrane roof. Parking behind the building.Rents are way below market rate. Calculate your own current market rates for these large units. Currently 3 vacant units with $1,850 per month ''projected rent'' per unit.Annual income is projected with all units rented at $1,850 per month.Natural Gas is stubbed in at building.Located one block from beautiful revitalized down town. Walk to all the restaurants, coffee shops, pubs etc. Amtrak & the Bus Line are also available. Don't let this excellent property pass you by. YOU WILL NOT BE DISAPPOINTED PREVIEWING THIS BUILDING! Annual Expenses- Taxes $7,104, Insurance $4,829, Water $788, Sewer $1,070, Oil-$4,523.36. The abutting land parcel 18-22 Bradbury Street (Lot 10 on the attached survey) can be purchased for $159,000. 4 new condo or apartment units can be built with planning board approval. Water & Sewer is stubbed in on the lot & Natural Gas is in the sidewalk.THIS IS A MUST SEE PROPERTY. DON'T LET THIS ONE PASS YOU BY.
Full Property Details
Full Property Details for 29 Cutts St
General
- Sold For: $925,000
- Taxes: $7,104 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 1537859
- Added to Site: 636 day(s) ago
Interior
- Flooring: Carpet, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 6
- Half Bathrooms: 6
Additional Information
- Amenities: Bathtub, Laundry - Hookup, Porch, Shed, Shower, Storage
Parking
- Parking Features: 11 - 20 Spaces, On-Site Parking, Paved
- Garage Description: No Vehicle Storage
Location
- County: York
- Transportation: Deep Water Access, Major Road Access, Public Transport Access, Rail Available
- Location Details: In Town, Near Shopping, Neighborhood
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Baseboard, Forced Air, Hot Water, Multi-Zone
- Heating Fuel: Oil
Utilities
- Gas: Natural - On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other Style
- Construction: Wood Frame
- Exterior Const.: Asbestos
- Basement Desc.: Full, Sump Pump, Unfinished
- Roof: Flat, Membrane
- Disability Access: Ramp to Main Level
- Stories/Levels: 3
- Square Feet: 7,170
- Sq. Ft. Source: Public Records
- Finished Total: 7,170 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.12
- Street/Road Desc.: Public
- Driveway/Sidewalk: Paved
- Zoning: MSRD2
- Lot Description: Corner Lot, Level, Open, Sidewalks
Financial Considerations
- Tax Amount: $7,104
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Surveyed: Yes
- Lot Number: 11
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Schools
Schools serving 29 Cutts St
School District:Biddeford School Department
Rating | Name | Grades | Distance |
---|---|---|---|
John F. Kennedy Memorial School
64 West St, Biddeford, ME 04005 | PK-K | 1.1 mi | |
Biddeford Primary School
320 Hill St, Biddeford, ME 04005 | 1-3 | 1.4 mi | |
335 Hill St, Biddeford, ME 04005 | 4-5 | 1.5 mi | |
25 Tiger Way, Biddeford, ME 04005 | 6-8 | 1.5 mi | |
20 Maplewood Ave, Biddeford, ME 04005 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 29 Cutts St
Date
Details
Price
Change
Source
10/14/2022
Sold
$925,000
7.68%
MLS
7/27/2022
Listed
$859,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
29 Cutts Street, Biddeford, ME 04005 (MLS# 1537859) is a Multi-Family property that was sold at $925,000 on October 14, 2022. Want to learn more about 29 Cutts Street? Do you have questions about finding other Multi-Family real estate for sale in Biddeford? You can browse all Biddeford real estate or contact a Coldwell Banker agent to request more information.