$699,000

Estimated payment $4,286/month

Total Views 3,114
-- Bed
3 Baths
3,783 Sq Ft
$185 Price per Sq Ft

Highlights

  • 1.1 Acre Lot
  • Dutch Colonial Architecture
  • 2 Car Attached Garage
  • Saco Middle School Rated A-
  • No HOA
  • Hot Water Heating System

About This Home

Endless Potential in the Heart of Saco! Discover an incredible investment opportunity in a high-traffic district of Saco! This commercially zoned 1.1-acre property offers multiple income streams and the flexibility to expand or bring your own business vision to life. The property includes a spacious main home featuring 3 bedrooms and 2 bathrooms, plus a separate 2-bedroom, 1-bath apartment — perfect for additional rental income or owner occupancy. The three-car garage is divided into two bays, with the third currently rented and offering extra space for storage or workspace needs. As a bonus, there's 500 sq. ft. of unused space behind the garage — ideal for expansion or creative use. Even better, the rear portion of the lot is zoned for up to six additional units, providing outstanding development potential. Don't miss this rare opportunity to invest, expand, or establish your business in one of Saco's most desirable commercial areas!

Listing Agent

Kelly Sahabo

Maine Real Estate Co. Listed on: 10/16/2025

Co-Listing Agent

Mike Sahabo

Maine Real Estate Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,525

Year Built

  • Built in 1842

Lot Details

  • 1.1 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 3,783 Sq Ft Home
  • Dutch Colonial Architecture
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heat Pump System
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Block 12
  • Assessor Parcel Number SACO-000043-000012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,900
  • Gross Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,525

Year Built

Built in 1842

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.1
  • Road Surface Type: Paved
  • Co List Office Phone: 207-292-1030
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 3783.0
  • Architectural Style: Dutch Colonial, Farmhouse
  • Garage Yn: Yes
  • Year Built: 1842
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.1
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3783.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 58200.0
  • Income Expenses Operating Expenses: 5900.0
  • Parking:On Site2: Yes
  • Parking:Paved3: Yes
  • Style Dutch Colonial: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Bulkhead, Unfinished
  • Full Bathrooms: 3
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Heat Pump
  • 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: 47916.0
  • Parcel #: SACO-000043-000012
  • Zoning: B-B2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 58200.0
  • Annual Operating Expense: 5900.0

Tax Info

  • Tax Annual Amount: 7525.0
  • Tax Block: 12
  • Tax Lot: 0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $7,525 $535,600 $206,200 $329,400
2023 $7,900 $535,600 $206,200 $329,400
2022 $6,775 $369,600 $157,400 $212,200
2021 $6,323 $334,900 $140,600 $194,300
2020 $5,370 $273,000 $96,300 $176,700
2019 $5,291 $273,000 $96,300 $176,700
2018 $4,401 $264,300 $87,600 $176,700
2017 $4,924 $254,100 $79,600 $174,500
2016 $4,808 $247,600 $71,700 $175,900
2015 $4,711 $245,100 $71,700 $173,400
2014 $4,564 $245,100 $71,700 $173,400
2013 $4,554 $245,100 $71,700 $173,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 For Sale $699,000 +6.7% $185 / Sq Ft
03/30/2023 03/30/23 Sold $655,000 -6.3% $173 / Sq Ft View Prior Sale
02/10/2023 02/10/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $699,000 +60.7% $185 / Sq Ft
11/30/2020 11/30/20 Sold $435,000 -9.2% $115 / Sq Ft View Prior Sale
10/07/2020 10/07/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $479,000 -- $127 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $655,000 None Available
Warranty Deed $655,000 None Available
Deed -- None Available
Deed -- None Available
Deed -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $643,136 FHA
Closed $643,136 FHA
Source: Public Records

Source: Maine Listings

MLS Number: 1641003

Maine Listings

APN: SACO-000043-000012