NOT LISTED FOR SALE
-- Bed
6 Baths
5,686 Sq Ft
0.27 Acres Lot

Sale Details

Date Sold: April 2, 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

Katherine 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

  • 11,761 Sq Ft Lot
  • Property fronts a freeway
  • 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

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

Additional Features

  • 6 Full Bathrooms
  • Property is near shops

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

0.27 Acres

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,741 $826,800 $102,200 $724,600
2024 $7,850 $558,700 $155,100 $403,600
2023 $8,195 $555,600 $155,100 $400,500
2022 $6,969 $380,200 $118,300 $261,900
2021 $6,753 $357,700 $109,600 $248,100
2020 $4,583 $322,300 $96,400 $225,900
2019 $6,246 $322,300 $96,400 $225,900
2018 $6,572 $313,500 $87,600 $225,900
2017 $6,318 $326,000 $87,600 $238,400
2016 $6,572 $338,400 $69,300 $269,100
2015 $6,189 $322,000 $69,300 $252,700
2014 $5,996 $322,000 $69,300 $252,700
2013 $5,983 $322,000 $69,300 $252,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1582156

Maine Listings
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