NOT LISTED FOR SALE
-- Bed
4 Baths
3,412 Sq Ft
5,227 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $236,000 $69 Per Sq Ft

3 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Main Floor Bedroom
  • Saco Middle School Rated A-
  • Wood Flooring
  • 1-minute walk to Saco Dog Park

About This Home

As of April 2016

Investors take notice of the location of this 4-unit intown Saco with easy access to bus route, train station, dog park and downtown area amenities. 11.2% cap rate, coin operated laundry, 3 different heating units. 2-1 bedroom units and 2-2br units, tenants at will, low expenses, and low tenant turnover.

Last Agent to Sell the Property

Deja Lett

Keller Williams Realty Listed on: 03/07/2016

Keller Williams Realty

Co-Listed By

Jules Radjavitch

Keller Williams Realty

Last Buyer's Agent

Brett Kelly

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 3,412 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms

Unfinished Basement

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

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 50SCHOOLST0SACO31032

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to deed restrictions

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $11,065
  • Gross Income $38,556

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,260

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: Main Street south, left on School Street, building is on left in 3rd block
  • Above Grade Finished Sq Ft: 3412.0
  • Architectural Style: Colonial
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 69.17
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3412.0
  • 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
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 38556.0
  • Income Expenses Operating Expenses: 11065.0
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Parking:No Parking: Yes
  • Exterior:Asbestos: Yes
  • Electric:Fuses: Yes
  • Transportation:Rail Available: Yes
  • Building Info:_pound_ Floors3: 2
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: Investors take notice of the location of this 4-unit intown Saco with easy access to bus route, train station, dog park and downtown area amenities. 11.2% cap rate, coin operated laundry, 3 different heating units. 2-1 bedroom units and 2-2br units, tenants at will, low expenses, and low tenant turnover.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, None

Utilities

  • Laundry Features: Washer Hookup, Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 50SCHOOLST0SACO31032
  • Zoning: R3

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 38556.0
  • Annual Operating Expense: 11065.0

Tax Info

  • Tax Annual Amount: 4260.0
  • Tax Lot: 32
  • Tax Year: 2016
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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
04/28/2016 04/28/16 Sold $236,000 -3.3% $69 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $244,000 -- $72 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1253379

Maine Listings