7 Garfield St Saco, ME 04072
Central Saco NeighborhoodEstimated payment $3,774/month
Highlights
- Country Club
- Property is near a beach
- Deck
- Saco Middle School Rated A-
- 0.75 Acre Lot
- Property is near golf course, public transit, railroad, and shops
About This Home
This is the kind of property for both today's income and tomorrow's potential... and those are getting harder to find.
Beyond the existing income, the real upside is in the zoning. The property allows for up to 6 total units, and prior engineering and planning board approval in 2022 supports additional development potential. Buyer to verify current status with the town, approval expired 2/18/24.
Set on a .75 acre lot in a convenient Saco location, this two unit property delivers immediate cash flow, flexibility, and future upside.
Unit 1 spans 1,800 sqft with a 3 to 4 bedroom layout and 2 full baths, currently occupied by a long term tenant paying 2,200 per month. The layout includes first floor living with additional space upstairs, creating a setup that is both functional and highly livable.
Unit 2 is 600 sqft and has been fully renovated within the past year with a new kitchen, bathroom, flooring, and in unit washer and dryer. Previously rented at 1,450 per month, it is now vacant and ready for immediate occupancy or rental.
The property also includes a full basement for major systems, a paved driveway, and ample parking.
Located just minutes from downtown Saco, local restaurants, shopping, and the Maine coastline including Ferry Beach and Camp Ellis, with easy access to Route 1 and I 95 for commuting to Portland and surrounding areas.
A property that works on multiple levels, from immediate income to long term development potential in a market where demand continues to grow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,552
Year Built
- Built in 1925
Lot Details
- 32,670 Sq Ft Lot
- Property fronts a freeway
- Interior Lot
- Level Lot
- Open Lot
Home Design
- Duplex
- New Englander Architecture
- Brick Foundation
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2,314 Sq Ft Home
- 2-Story Property
- Storage
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- 3 Full Bathrooms
- Bathtub
- Shower
Laundry
- Laundry on main level
- Washer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Gravel Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Property is near a beach
- Deck
- Shed
- Porch
Location
- Property is near golf course, public transit, railroad, and shops
- Suburban Location
- Near Waterfront
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Heating System Uses Propane
- Baseboard Heating
- Hot Water Heating System
- Bottled Gas Heating
- Electricity To Lot Line
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 021
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Country Club
Building Details
- Operating Expense $8,852
- Gross Income $43,800
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,653 | $398,100 | $145,400 | $252,700 |
| 2024 | $5,503 | $391,700 | $145,400 | $246,300 |
| 2023 | $5,778 | $391,700 | $145,400 | $246,300 |
| 2022 | $4,980 | $271,700 | $110,800 | $160,900 |
| 2021 | $4,745 | $251,300 | $99,000 | $152,300 |
| 2020 | $4,438 | $225,600 | $86,900 | $138,700 |
| 2019 | $4,372 | $225,600 | $86,900 | $138,700 |
| 2018 | $4,221 | $217,800 | $79,100 | $138,700 |
| 2017 | $4,188 | $216,100 | $79,100 | $137,000 |
| 2016 | $4,107 | $211,500 | $74,200 | $137,300 |
| 2015 | $4,013 | $208,800 | $73,500 | $135,300 |
| 2014 | $3,888 | $208,800 | $73,500 | $135,300 |
| 2013 | $3,880 | $208,800 | $73,500 | $135,300 |
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 |
|---|---|---|---|---|
| 08/05/2026 08/05/26 | Pending | -- | -- | -- |
| 07/20/2026 07/20/26 | Price Changed | $599,999 | -3.2% | $259 / Sq Ft |
| 06/30/2026 06/30/26 | Price Changed | $620,000 | -5.9% | $268 / Sq Ft |
| 06/09/2026 06/09/26 | Price Changed | $659,000 | -5.7% | $285 / Sq Ft |
| 05/02/2026 05/02/26 | For Sale | $699,000 | -- | $302 / Sq Ft |
Source: Maine Listings
MLS Number: 1660328
APN: SACO-000067-000021
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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