Movoto Real Estate
Sold on 07/01/2024
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470 Elm St, Biddeford, ME 04005

$631,428

Last sold 07/01/2024 for $620K

  • 3

    bed

  • 3

    bath

  • 3,150

    Sqft ($197/Sqft)

Multi-family not for sale

About 470 Elm St

Property type Multi-family
Year built 1929
HOA fee $0/month
Lot size 9,583 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
470 Elm St & 2 Janelle St...This unique investment property, located in the Business Zone, offers 3 Units with versatile living and business opportunities with two buildings on the lot. Its prime location provides easy access to major commuting routes, including the turnpike to Portland or Boston. Unit 1 (First Floor): Features: Spacious living area with a cozy fireplace. Additional Space: Enclosed porch perfect for relaxation or extra storage. Special Access: Direct access to the basement, offering additional storage or potential living space. Unit 2 (Second Floor): Features: Comfortable living space with an enclosed porch, ideal for enjoying the outdoors in privacy. Unit 3 (2 Janelle): Living Unit: Located above an oversized garage, providing a unique living or rental opportunity. Beaiutifully remodeled throughout. The space is zoned commercially, which means it can be used for business purposes or possibly converted into a fourth residential unit. Garage: NO SHOWINGS TIL OPEN HOUSES SATURDAY AND SUNDAY 10am-Noon. All Offers due by Noon Tuesday and reviewed Tuesday evening with 24 hour response.
Listed by
Listing Agent - Robert Letellier
Listing Agent Contact: 207-282-5988
Listing Office - Coldwell Banker Realty
Source: MREIS mls logo
MLS#1590597 • last updated 6 months ago
Movoto checked MREIS for data 44 minutes ago
Overview
Heating Baseboard, Other
Levels/Style Multi-Level, Other
MLS # 1590597
SqFt 3150
Status Closed
Lot Size (Acres) 0.22
Lot Size (Sqft) 9583.2
Property Tax 3867
Year Built 1929
Interior
Total # of Bathrooms 3
# Full Baths 3
Flooring Carpet, Laminate, Tile, Vinyl, Wood
Exterior
Patio/ Porch Porch
Lot Features Business District
Amenities / Utilities
Water Source Public
Location
Zoning B2
Multifamily Details
Total # Of Units 3
Operating Expense 11909
Gross Income 48000
$631K
Range: $568K-$694K
Last 30 days 
  • Jul 2024
    Public Records
  • Jul 2, 2024 Sold
    $620,000
  • Jul 2024
    mls logo MLS # 1590597
  • Jul 1, 2024 Sold
    $620,000 (+7.8%)
  • Jun 1, 2024 Pending
    —
  • Jun 1, 2024 Pending
    —
  • May 23, 2024 Listed
    $575,000
  • May 23, 2024 Listed
    $575,000 (+144.2%)
  • Oct 2016
    mls logo MLS # 1242889
  • Oct 28, 2016 Sold
    $235,500 (-0.2%)
  • Oct 28, 2015 Listed
    $235,900 (-1.7%)
  • Oct 2015
    mls logo MLS # 1216647
  • Oct 14, 2015 Expired
    —
  • May 13, 2015 Listed
    $239,900 (-12.7%)
  • Jan 2015
    mls logo MLS # 1132271
  • Jan 1, 2015 Expired
    —
  • Apr 28, 2014 Listed
    $274,900 (-37.5%)
  • Sep 2007
    mls logo MLS # 834289
  • Sep 1, 2007 Expired
    —
  • Mar 1, 2007 Listed
    $439,900 (-10.2%)
  • Mar 2007
    mls logo MLS # 834281
  • Mar 14, 2007 Expired
    —
  • Mar 1, 2007 Listed
    $489,900 (+75.0%)
  • Feb 2007
    mls logo MLS # 812644
  • Feb 28, 2007 Expired
    —
  • Aug 21, 2006 Listed
    $279,900
  • Year Property taxes Tax assessment
  • 2025
    $4,518 +6.4%
    $302,400 +1.31%
  • 2024
    $4,245 +9.7%
    $298,500 +1.26%
  • 2023
    $3,868 -14.2%
    $294,800 +7.28%
  • 2022
    $4,509 -2.0%
    $274,800 +8.87%
  • 2021
    $4,601 -1.8%
    $252,400 +8.0%
  • 2020
    $4,686
    $233,700
  • 470 Elm St
    $620K
  • —
  • 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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