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

Sale Details

Date 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

5,227 Sq Ft Lot

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

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
04/28/2016 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

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1253379

Maine Listings
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