207-885-5100
227 Elm St, Biddeford, ME for Sale
Apartments - FOR SALE
1/13
null | Request Cap Rate

227 Elm St
Biddeford, ME 04005


HIGHLIGHTS

  • (3) studio units, (3) 1-bedroom units and (3) 2-bedroom units
  • new windows and siding, plumbing and electrical ruffed in, spray foam insulation
  • Luchinvar furnace, FireTube boiler with individual zones, and an asphalt roof

OVERVIEW

Real Estate Foreclosure Auction 25-70 AUCTION PARCEL #2 9-Unit Apartment Building 227 Elm St., Biddeford, Maine Auction: Tuesday, November 25, 2025 at 11AM Preview: Tuesday, November 25, 2025 from 9-10AM Auction To Be Held At Parcel #2, 227 Elm St., Biddeford, Maine Real Estate: Consists of a .14+/- acre corner lot with 57+/- ft. of frontage on Elm St. and 103+/- ft. of frontage on Wentworth Ct. The property is improved with a circa 1900 3-story 6,072 SF 9-unit apartment building. The building contains (3) studio units, (3) 1-bedroom units and (3) 2-bedroom units each having a kitchen/dining area, living room and bath with 1-unit being finished and 8-units unfinished. Other amenities to the property include new windows and siding, plumbing and electrical ruffed in, spray foam insulation, Luchinvar furnace, FireTube boiler with individual zones, and an asphalt roof. The property is in the MSRD2 zone. Reference Map 38, Lot 205. Buyer Broker Participation Available. Contact Auctioneer For Qualifications and Form. Terms: A $10,000 deposit in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc., (deposited with the Auctioneer as a qualification to bid), with balance due and payable within 30 days from date of auction. The deposit must be increased to 10% of the purchase price within 5-business days of the public sale. The property will be sold by public auction subject to all outstanding municipal assessments. All other terms will be announced at the public sale. For a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction number 25-70. Richard J. Keenan #236. Our 53rd Year and 8,768th Auction.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

9

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Real Estate Foreclosure Auction 25-70

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

MSRD2

APN/PARCEL ID

BIDD-000038-000000-000205

ASK ABOUT THIS PROPERTY

Sherri HughesKeenan Auction CompanyMore Info
207-885-5100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sherri HughesKeenan Auction CompanyMore Info
207-885-5100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.