NOT LISTED FOR SALE
-- Bed
5 Baths
3,557 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: June 12, 2025

Last sale price $800,000 $225 Per Sq Ft

19 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • No HOA
  • Saco Middle School Rated A-
  • New Englander Architecture
  • Zoned Heating

About This Home

As of June 2025

Welcome to 41 Thornton Avenue—a well-maintained 5-unit multifamily building ideally located just steps from downtown Saco. This turn-key investment opportunity offers a blend of charm, space, and convenience in one of southern Maine's most desirable rental markets.
The property consists of 5 well-maintained one bedroom apartments with a great rental history.
Whether you're looking to expand your portfolio or occupy a unit while renting the others, 41 Thornton Avenue presents a strong opportunity in a thriving rental market.
Showing times will be limited to Thursdays 12-5 and Saturdays 10-2 by appointment only.

Last Agent to Sell the Property

Josh Plowman

Plowman Realty Group Listed on: 04/10/2025

Last Buyer's Agent

Michelangelo Floridino

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,833

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,557 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Unfinished Basement

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

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number SACO-000038-000093

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $17,615
  • Gross Income $81,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,833

Year Built

Built in 1900

Lot Details

5,663 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3557.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 238.97
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3557.0
  • Property Information:Garage: 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:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 81000.0
  • Income Expenses Operating Expenses: 17615.0
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: Welcome to 41 Thornton Avenue—a well-maintained 5-unit multifamily building ideally located just steps from downtown Saco. This turn-key investment opportunity offers a blend of charm, space, and convenience in one of southern Maine's most desirable rental markets. The property consists of 5 well-maintained one bedroom apartments with a great rental history. Whether you're looking to expand your portfolio or occupy a unit while renting the others, 41 Thornton Avenue presents a strong opportunity in a thriving rental market. Showing times will be limited to Thursdays 12-5 and Saturdays 10-2 by appointment only.
  • Heat System:Zoned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Other Equipment: Cable
  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 5
  • Flooring: Wood
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: SACO-000038-000093
  • Zoning: D

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 81000.0
  • Annual Operating Expense: 17615.0

Tax Info

  • Tax Annual Amount: 6833.0
  • Tax Lot: 93
  • Tax Year: 2024

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
Jun 12, 2025
Sold by
Bought by
Seller's Agent
Josh Plowman
Plowman Realty Group
Buyer's Agent
Michelangelo Floridino
Landing Real Estate
List Price
$899,900
Sold Price
$800,000
Premium/Discount to List
-$99,900
-11.1%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.0676%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2011
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$800,000 None Available
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $600,000
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
06/12/2025 06/12/25 Sold $800,000 -5.9% $225 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/24/2025 04/24/25 Price Changed $850,000 -5.5% $239 / Sq Ft
04/10/2025 04/10/25 For Sale $899,900 -- $253 / 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 $8,475 $596,800 $98,300 $498,500
2024 $6,833 $486,300 $143,700 $342,600
2023 $7,173 $486,300 $143,700 $342,600
2022 $6,045 $329,800 $109,500 $220,300
2021 $5,841 $309,400 $101,400 $208,000
2020 $5,462 $277,700 $89,200 $188,500
2019 $5,382 $277,700 $89,200 $188,500
2018 $5,227 $269,700 $81,200 $188,500
2017 $5,178 $267,200 $81,200 $186,000
2016 $4,979 $256,400 $64,200 $192,200
2015 $4,872 $253,500 $64,200 $189,300
2014 $4,720 $253,500 $64,200 $189,300
2013 $4,710 $253,500 $64,200 $189,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1618642

Maine Listings
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