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Sold on 10/20/2023
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13 Summer St, Biddeford, ME 04005

$950,000

Last sold 10/20/2023 after 63 Days

  • 7

    bed

  • 7

    bath

  • 7,020

    Sqft ($135/Sqft)

Multi-family not for sale

About 13 Summer St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 7,841 Sqft
Property description
Large in town 7 Unit building consisting of 3-three bedroom units, two with double living rooms, 2-two bedroom units & 2-one bedroom units. This building is in very good condition mechanically with updated windows, two newer furnaces & a new rubber roof on the front building in 2021. Mostly all hardwood flooring throughout all of the units. Adequate on site parking for 12 cars. Terrific in town location within walking distance to all down town amenities, bus line & Amtrak. Currently the rents are below market rates. Plenty of room for raising the income. All tenants pay their own hot water. ''6 apartments are tenants at will''. These larger buildings don't come by often. SHOWINGS WILL BE TUESDAY AT 3:00 & FRIDAY AT 3:00. 24 HOUR NOTICE IS REQUIRED.
Listed by
Listing Agent - David Trottier
Listing Office - Realty Sales Inc
Source: MREIS mls logo
MLS#1569318 • last updated 6 months ago
Movoto checked MREIS for data 14 minutes ago
Overview
Heating Baseboard, Direct Vent Furnace, Forced Air, Hot Water, Zoned
Levels/Style Other, 3
MLS # 1569318
SqFt 7020
Status Closed
Lot Size (Acres) 0.18
Lot Size (Sqft) 7840.8
Property Tax 8980
Year Built 1920
Interior
Total # of Bathrooms 7
# Full Baths 7
Flooring Vinyl, Wood
Exterior
Amenities / Utilities
Water Source Public
Location
Zoning MSRD2
Multifamily Details
Total # Of Units 7
Operating Expense 25720
Gross Income 132900
We are not permitted to show value estimates for this property.
  • Oct 2023
    mls logo MLS # 1569318
  • Oct 20, 2023 Sold
    $950,000
  • Sep 14, 2023 Pending
  • Sep 13, 2023 Listed
  • Sep 7, 2023 Pending
  • Sep 7, 2023 Active
  • Aug 19, 2023 Listed
    $1,150,000
  • Aug 18, 2023 Listed
    $1,150,000 (+21.7%)
  • Oct 2023
    Public Records
  • Oct 20, 2023 Sold
    $950,000 (-17.4%)
  • Jun 2022
    mls logo MLS # 1524682
  • Jun 1, 2022 Canceled
  • Apr 14, 2022 Listed
    $945,000
  • Year Property taxes Tax assessment
  • 2024
    $12,081 +8.4%
    $849,600
  • 2023
    $11,147 +24.1%
    $849,600 +55.26%
  • 2022
    $8,980 +6.6%
    $547,200 +18.42%
  • 2021
    $8,424 +10.3%
    $462,100 +21.29%
  • 2020
    $7,639
    $381,000
  • 13 Summer St
    $950K
  • Biddeford Downtown Mill District
    $469K -4% y/y
  • 04005
    $584K +10% y/y
  • Biddeford
    $525K -9% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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