Movoto Real Estate
Sold on 12/17/2021
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287 Elm St, Biddeford, ME 04005

$804,000

Last sold 12/17/2021 for $699K

  • 4

    bed

  • 4

    bath

  • 4,518

    Sqft ($155/Sqft)

Multi-family not for sale

About 287 Elm St

Property type Multi-family
Year built 1910
HOA fee $0/month
Lot size 1.27 Acre
Movoto estimate
Parking 2 garage spaces
Property description
This gorgeous Italianate 4-unit is something truly exceptional in the Biddeford market. The first unique features that stand out are the 1.27 acres of open space (which we dare say is picturesque, at least for a multi) and oversized 3 story barn, including the drive-out level in the rear for a lawn tractor. A tour of the residential apartments starts with a private deck or porch for each unit. Inside, the units are all in great condition with big rooms, high ceilings, and a wonderful sense of space. There are three 1bd and one 2bd, and all but one has a private washer & dryer. The systems, windows, roof, and siding are all in good condition and there is ample parking for all units. Finally, the property is located in a business zone and could be used for commercial activity if desired. This is the kind of building an investor or homeowner will be excited to own and definitely one worth seeing.
Listed by
Listing Agent - Briton Vitalius
Listing Office - Vitalius Real Estate Group, LLC
Source: MREIS mls logo
MLS#1512441 • last updated 6 months ago
Movoto checked MREIS for data 10 minutes ago
Overview
Heating Baseboard, Forced Air, Hot Water
Levels/Style Multi-Level, Other
MLS # 1512441
Virtual Tour N/A
SqFt 4518
Status Closed
Lot Size (Acres) 1.27
Lot Size (Sqft) 55321.2
Property Tax 6983
Year Built 1910
Interior
Total # of Bathrooms 4
# Full Baths 4
Flooring Tile, Wood
Exterior
Amenities / Utilities
Water Source Public
Location
Zoning B2
Multifamily Details
Total # Of Units 4
Operating Expense 17203
Gross Income 46800
$804K
Range: $643K-$964K
Last 30 days 
  • Dec 2021
    mls logo MLS # 1512441
  • Dec 17, 2021 Sold
    $699,000
  • Oct 28, 2021 Pending
    —
  • Oct 18, 2021 Listed
    $699,000
  • Year Property taxes Tax assessment
  • 2025
    $9,857 +6.3%
    $659,800 +1.21%
  • 2024
    $9,270 +8.4%
    $651,900
  • 2023
    $8,553 +15.4%
    $651,900 +44.29%
  • 2022
    $7,414 +6.2%
    $451,800 +17.93%
  • 2021
    $6,984 +7.9%
    $383,100 +18.72%
  • 2020
    $6,470
    $322,700
  • 287 Elm St
    $699K
  • —
  • 04005
    $584K +10% y/y
  • Biddeford
    $517K -8% y/y
No chart available
Statistics calculated by Movoto

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

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