Multi-Family for Sale: 23 Union Street, Saco, ME 04072

2 full, 1 half baths
$510,000
$510,000
23 Union Street, Saco, ME 04072
2 full, 1 half baths
$510,000
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Price:
$510,000
$15,000 - 11/18/2024

Type Multi-Family
Style Farmhouse
Total Baths 2 full, 1 half baths
Square Feet 1,777 sqft
Lot Size 0.25 acres
Year Built 1840
Taxes Paid $4,875

City Saco
County York

MLS 1606956
Status Active Under Contract
DOM 63 days
Investment Opportunity: Mixed-Use Two-Unit Property. This well-located two-unit building offers a unique investment opportunity with a fully operational daycare permitted by the town. The property features: • Residential Units: A spacious three-bedroom, 1.5-bath unit above, and a cozy 1-bedroom, 1-bath unit side by side. • Prime Location: Just a short stroll to Thornton Academy and nearby shopping centers, plus only minutes from local beaches and easy access to I-95. • Recent Renovations: The building was converted from a single-family home in 2022, with significant upgrades including new plumbing, electrical systems, roof, siding, and decks. • Convenient Backyard: The fully enclosed backyard is perfect for the daycare, providing a safe outdoor space for children. • Tenancy: Current tenants are on a month-to-month lease and are open to signing a new annual lease. Please note that showings are blocked on weekends due to daycare operations. Don't miss out on this desirable mixed-use property that combines residential living with a thriving business opportunity!

Room Features

Basement Description Interior Entry, Unfinished, Sump Pump

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $4,875

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 3
Unit 2 Full Baths 1
Unit 2 Half Baths 1
Unit 2 of Bedrooms 3
Unit 2 of Rooms 7

Price History of 23 Union Street

Date Name Price Difference
11/18/2024 Price Adjustment $510,000 2.86%
10/16/2024 Listing Price $525,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$439,000
$225 / sqft
Average
$518,750
$277 / sqft
High
$650,000
$361 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Saco 04072 0 3.0 $510,000 1,777 $287 N/A
34 Maple Street Biddeford 04005 0 2.0 $455,000 1,844 $247 03/05/2024
23 High Street Biddeford 04005 0 2.0 $439,000 1,952 $225 05/16/2024
36 Smithwheel Road Old Orchard Beach 04064 0 3.0 $574,000 1,928 $298 08/23/2024
99 May Street Biddeford 04005 0 2.0 $497,000 1,667 $298 07/23/2024
223 Cleaves Street Biddeford 04005 0 2.0 $650,000 1,800 $361 08/30/2024
167 Cleaves Street Biddeford 04005 0 2.0 $500,000 1,887 $265 08/29/2024
54 High Street Saco 04072 0 2.0 $515,000 1,940 $265 09/11/2024
12 Stockman Avenue Saco 04072 0 2.0 $520,000 1,962 $265 11/12/2024

Map of 23 Union Street, Saco, ME

Location Map Street View
Photo of Fritz Schermer
Fritz Schermer
Associate Broker
Direct: 207-363-3658
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Better Homes & Gardens Real Estate/The Masiello Group, Jonathan Safford 207-560-4683
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23 Union Street (MLS #1606956) is a farmhouse multi-family listing located in Saco, ME. This multi-family listing is 1,777 sqft and on a lot of 10,890 sqft (or 0.25 acres) and is 184 years old. This property was listed on 10/16/2024 and has been priced for sale at $510,000.

The multi-family listing at 54 High Street in Saco is nearby and sold for $515,000 on 09/11/2024. Another nearby multi-family listing, 34 Maple Street in Biddeford sold for $455,000 on 03/05/2024.

Nearby zip codes are 04005, 04046, 04064 and 04074. This property neighbors other cities such as Arundel, Biddeford, Kennebunkport, Old Orchard Beach and Scarborough.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Better Homes & Gardens Real Estate/The Masiello Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.