UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 5,794 sqft
MLS Listing ID 1643549
Style Other,Farmhouse
Full Baths 6
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 5,794
Year Built 1892
Annual Tax Amount $15,563
Tax Year 2025
Lot Size 0.790 Acres
Acres 0.79
Source Maine Listings
Land Area 5794
Property Description
Family-owned since 1970, this turnkey property has been extensively updated with modern kitchens, stainless appliances, granite counters, in-unit laundries, solid wood doors, LED and recessed lighting, and energy-efficient systems. Recent upgrades also include new electrical, plumbing, insulation, boiler, windows, and spray-foamed basement areas, making this a low-maintenance, energy-efficient investment. The property also offers off-street parking for 13 vehicles, shared and private decks for each unit, a timber-framed trash shed, owner-accessed garage and shed storage, and a large backyard. Convenient to downtown Saco, UNE, USM, Portland, beaches, and the Turnpike.
This property delivers steady cash flow from reliable tenants with minimal turnover. A 2021 property survey and upcoming July 2026 zoning changes offer the buyer a significant upside—potential to re-activate a seventh unit* and add up to three additional units. Don't miss this exceptional opportunity to acquire a rare, high-performing asset with both immediate returns and future development value.
Location
State ME
County York
Zoning Med Den Residential
Rooms
Basement Bulkhead, Unfinished
Interior
Heating Forced Air, Baseboard
Cooling None
Flooring Wood, Vinyl, Laminate
Exterior
Parking Features 5 - 10 Spaces, Paved
View Y/N No
Roof Type Shingle
Street Surface Paved
Porch Porch
Garage No
Building
Lot Description Open, Level, Sidewalks, Wooded, Intown, Near Shopping, Neighborhood
Foundation Stone, Granite
Sewer Public Sewer
Water Public
Architectural Style Other, Farmhouse
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Propane, Oil
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