NOT LISTED FOR SALE

27 Storer St Saco, ME 04072

Downtown Saco Neighborhood
-- Bed
6 Baths
5,686 Sq Ft
0.27 Acres

Last Sold April 02, 2024

Last sale price $1,100,000 $193 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • New Englander Architecture
  • 2 Car Attached Garage
  • Saco Middle School Rated A-
  • No HOA
  • 5-minute walk to Jubilee Park

About This Home

As of April 2024

Location, scale, and opportunity. This 6-unit investment is less than one block from the center of Saco's Main Street and just across the river from Saco Island and the Biddeford Mills. The building includes spacious 1-bedroom units and a 3-story barn- use your imagination to expand, rent, or have for personal use. This sets up as a great long term investment with highly rentable units in a location that has both ''arrived'' and is also still up and coming.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 02/13/2024

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Kate Scamman

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,195

Year Built

  • Built in 1880

Lot Details

  • 0.27 Acre Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 5,686 Sq Ft Home
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 049
  • Assessor Parcel Number SACO-000038-000049

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $40,816
  • Gross Income $115,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,195

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5686.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 193.46
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.27
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 5686.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Income Expenses Gross Income: 115620.0
  • Income Expenses Operating Expenses: 40816.0
  • Basement:Crawl Space: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: Location, scale, and opportunity. This 6-unit investment is less than one block from the center of Saco's Main Street and just across the river from Saco Island and the Biddeford Mills. The building includes spacious 1-bedroom units and a 3-story barn- use your imagination to expand, rent, or have for personal use. This sets up as a great long term investment with highly rentable units in a location that has both ''arrived'' and is also still up and coming
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Flooring: Wood, Tile, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11761.2
  • Parcel #: SACO-000038-000049
  • Zoning: MU-1

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 115620.0
  • Annual Operating Expense: 40816.0

Tax Info

  • Tax Annual Amount: 8195.0
  • Tax Lot: 049
  • Tax Year: 2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $1,100,000 0.0% $193 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $1,100,000 -- $193 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brit Vitalius

    Seller's Agent in 2024

    Brit Vitalius

    Vitalius Real Estate Group, LLC

    (207) 318-2555

    1 in this area

    174 Total Sales

    Brit Vitalius
    Section Image
  • Chris Sullivan

    Seller Co-Listing Agent in 2024

    Chris Sullivan

    Vitalius Real Estate Group, LLC

    (207) 730-0884

    2 in this area

    127 Total Sales

    Chris Sullivan
    Section Image

  • K

    Buyer's Agent in 2024

    Kate Scamman

    Berkshire Hathaway HomeServices Verani Realty

    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1582156

Maine Listings
Maine York County Saco 04072 Downtown Saco

27 Storer St, Saco, ME

Not Listed for Sale

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