$740,000
SOLD MAY 5, 2026
-- Bed
5 Baths
3,881 Sq Ft
6,534 Sq Ft Lot Lot

Sale Details

Date Sold: May 5, 2026

$191 Per Sq Ft

10% Above List Price

5 on Market

Highlights

  • No HOA
  • Porch
  • Ceramic Tile Flooring
  • Saco Middle School Rated A-
  • Double Pane Windows
  • 1-minute walk to Pepperell Park

About This Home

As of May 2026

4-unit property in a prime Saco location offering a rare opportunity for both investors and owner occupants alike. With rents currently below market, the property presents clear upside potential while still providing immediate income.
The building features a well-balanced unit mix including two 2-bedroom units, one 3 bedroom unit, and an expansive 4 bedroom unit that spans portions of the first and second floors. This larger unit showcases a unique layout with a spiral staircase and generous living space, making it an ideal option for an owner occupant looking to offset their mortgage, or for an investor seeking to maximize rental income.
Off street parking is available for all units, and the location offers strong appeal with close proximity to downtown Saco, local shops, schools, and convenient access to major roadways and rails.
Whether you are looking to live in one unit while building equity or add a high potential asset to your portfolio, this property offers flexibility, income, and long-term upside in one package.

Last Agent to Sell the Property

nick siviski

Harborview Properties, Inc. Listed on: 04/15/2026

Last Buyer's Agent

Ashley Kilmartin

Landing Real Estate

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,503

Year Built

  • Built in 1966

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts a freeway

Home Design

  • Shingle Roof

Interior Spaces

  • 5 Full Bathrooms
  • 3,881 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Tile
  • Vinyl

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tax Block 071
  • Assessor Parcel Number SACO-000032-000071

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $26,409
  • Gross Income $66,935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,503

Year Built

Built in 1966

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • MLS Status: Closed
  • Directions: Main Street, to Beach Street, To High Street.
  • Above Grade Finished Sq Ft: 3881.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1966
  • Contract Information:List PriceSqFt: 173.92
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 5
  • Flooring: Carpet, Laminate, Tile, Vinyl, Ceramic Tile, Luxury Vinyl, Plank
  • Window Features: Double Pane Windows

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Saco Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: SACO-000032-000071
  • Zoning: HDR

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 66935.0
  • Annual Operating Expense: 26409.0

Tax Info

  • Tax Annual Amount: 8503.0
  • Tax Block: 071
  • Tax Lot: 00
  • Tax Year: 2026
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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 Prior Sale
05/05/2026 05/05/26 Sold $740,000 +9.6% $191 / Sq Ft
04/20/2026 04/20/26 Pending -- -- --
04/15/2026 04/15/26 For Sale $675,000 +82.4% $174 / Sq Ft
08/27/2018 08/27/18 Sold $370,000 +1.4% $95 / Sq Ft View Prior Sale
07/17/2018 07/17/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $365,000 -- $94 / Sq Ft
Source: Maine Listings

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 $8,413 $598,800 $144,300 $454,500
2023 $8,832 $598,800 $144,300 $454,500
2022 $7,774 $424,100 $110,000 $314,100
2021 $7,295 $386,400 $98,200 $288,200
2020 $6,570 $334,000 $86,400 $247,600
2019 $6,473 $334,000 $86,400 $247,600
2018 $6,322 $326,200 $78,600 $247,600
2017 $6,250 $322,500 $78,600 $243,900
2016 $5,405 $278,300 $51,200 $227,100
2015 $4,934 $256,700 $51,200 $205,500
2014 $4,780 $256,700 $51,200 $205,500
2013 $4,769 $256,700 $51,200 $205,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1657955

Maine Listings
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