Elias Leland
Coldwell Banker Realty
(207) 544-4351
115 Total Sales
1 in Downtown Saco
$721,000 Price
42 Storer St Saco, ME 04072
Downtown Saco Neighborhood
--
Beds
4
Baths
2,558
Sq Ft
8,712
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- Hot Water Heating System
- Saco Middle School Rated A-
- Property is near shops
- 1-minute walk to Jubilee Park
About This Home
As of April 2025Located in the heart of Saco, this 4-unit multi-family property presents an exceptional opportunity for investors or owner-occupants looking to build equity. Situated just a short walk from downtown Saco, you'll enjoy easy access to local shops, restaurants, and attractions, all while being in a peaceful and desirable neighborhood.
This property has been professionally managed for 5+ years and has a newer, efficient boiler for added peace of mind. Each of the 4 units offer one bedroom, living areas filled with natural light, and ample parking is available for tenants and guests.
Whether you're an investor looking to expand your portfolio or a homeowner seeking a property with income potential, this property offers unbeatable value in a thriving area. Don't miss your chance to own this multi-family property—schedule a tour today!
Last Agent to Sell the Property
Vitalius Real Estate Group, LLC Listed on: 02/20/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,464
Year Built
- Built in 1880
Lot Details
- 8,712 Sq Ft Lot
- Property fronts a freeway
- Level Lot
Home Design
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 4 Full Bathrooms
- 2,558 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
Parking
- Gravel Driveway
- Off-Street Parking
Location
- Property is near shops
Utilities
- No Cooling
- Radiator
- Heating System Uses Natural Gas
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 32
- Assessor Parcel Number SACO-000038-000032
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $17,667
- Gross Income $31,800
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Saco, ME
-
Elias Leland
-
Katherine Scamman
Katherine Scamman
EXP Realty
(207) 610-6829
77 Total Sales
3 in Downtown Saco
$250K - $1.1M Price Range
-
Roslind Anton
Roslind Anton
EXP Realty
(207) 503-3755
166 Total Sales
4 in Downtown Saco
$194K - $515K Price Range
-
Michelle Libby
Michelle Libby
Century 21 North East
(207) 517-4917
76 Total Sales
1 in Downtown Saco
$362,000 Price
-
Luke Morris
Luke Morris
REAL Broker NH, LLC
(855) 625-7038
62 Total Sales
1 in Downtown Saco
$340,000 Price
-
Scott Reiff Denise Reiff
Scott Reiff Denise Reiff
Coldwell Banker Realty
(207) 891-6314
96 Total Sales
1 in Downtown Saco
$599,000 Price
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 |
|---|---|---|---|
| $587,500 | None Available | ||
| 42 Storer Street Llc | -- | -- | |
| Trunorth Inv Llc | -- | -- | |
| Lilac Ridge Props Llc | -- | -- | |
| Fontaine Jailene | -- | -- | |
| Fontaine Jailene | -- | -- |
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 | $440,625 | ||
| Previous Owner | 42 Storer Street Llc | $316,000 | |
| Previous Owner | Trunorth Inv Llc | $161,250 | |
| Previous Owner | Fontaine Jailene | $220,500 | |
| Previous Owner | Fontaine Jailene | $220,500 | |
| Previous Owner | Parkhurst Brendan | $68,100 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $587,500 | -1.9% | $230 / Sq Ft | |
| 02/20/2025 02/20/25 | For Sale | $599,000 | +51.6% | $234 / Sq Ft | |
| 06/20/2019 06/20/19 | Sold | $395,000 | 0.0% | $154 / Sq Ft | View Prior Sale |
| 05/10/2019 05/10/19 | Pending | -- | -- | -- | |
| 05/01/2019 05/01/19 | For Sale | $395,000 | +83.7% | $154 / Sq Ft | |
| 05/23/2016 05/23/16 | Sold | $215,000 | -15.7% | $84 / Sq Ft | View Prior Sale |
| 03/31/2016 03/31/16 | Pending | -- | -- | -- | |
| 04/30/2015 04/30/15 | For Sale | $254,900 | -- | $100 / 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 | $5,610 | $395,100 | $141,400 | $253,700 |
| 2024 | $5,464 | $388,900 | $141,400 | $247,500 |
| 2023 | $5,736 | $388,900 | $141,400 | $247,500 |
| 2022 | $5,129 | $279,800 | $107,800 | $172,000 |
| 2021 | $5,033 | $266,600 | $99,800 | $166,800 |
| 2020 | $4,662 | $237,000 | $87,800 | $149,200 |
| 2019 | $4,196 | $216,500 | $87,800 | $128,700 |
| 2018 | $4,041 | $208,500 | $79,800 | $128,700 |
| 2017 | $3,988 | $205,800 | $79,800 | $126,000 |
| 2016 | $4,214 | $217,000 | $63,100 | $153,900 |
| 2015 | $4,132 | $215,000 | $63,100 | $151,900 |
| 2014 | $4,003 | $215,000 | $63,100 | $151,900 |
| 2013 | $3,995 | $215,000 | $63,100 | $151,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Wallimann
Seller's Agent in 2025
Jessica Wallimann
Vitalius Real Estate Group, LLC
(207) 939-6832
3 in this area
143 Total Sales
-
Chris Sullivan
Seller Co-Listing Agent in 2025
Chris Sullivan
Vitalius Real Estate Group, LLC
(207) 730-0884
2 in this area
123 Total Sales
-
Christine Karales Paul
Buyer's Agent in 2025
Christine Karales Paul
Your Real Estate Company
(207) 468-3396
2 in this area
206 Total Sales
-
Cheri Bonawitz
Seller's Agent in 2019
Cheri Bonawitz
Malone Commercial Brokers, Inc.
(207) 210-6638
30 Total Sales
-
Karen Rich
Seller Co-Listing Agent in 2019
Karen Rich
Malone Commercial Brokers, Inc.
(207) 210-6637
11 Total Sales
-
MC
Seller's Agent in 2016
Marc Cardullo
Regency Realty Group
Map
Source: Maine Listings
MLS Number: 1614705
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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