Multi-Family for Sale: 7 Garfield Street, Saco, ME 04072

3 full baths
$625,000
$625,000
7 Garfield Street, Saco, ME 04072
3 full baths
$625,000
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Price:
$625,000
$25,000 - 08/12/2024

Type Multi-Family
Style New Englander
Total Baths 3 full baths
Square Feet 2,314 sqft
Lot Size 0.75 acres
Year Built 1925
Taxes Paid $4,980

City Saco
County York

MLS 1575683
Status Active
DOM 91 days
Seller concession offered. Perfect investment opportunity for someone looking to add to their portfolio or develop more housing units.This property is currently being used as a 2 unit and the land it sits on is zoned to allow a total of 6 units. The current owner has gone through all of the permitting and approval process' to develop an additional 5 units on the property - with this plan you would need to convert the 2 unit back into a single family. There are other development opportunities a new owner could explore as well. Any additional units would require condos - the seller has already started this process as well. This really is a great opportunity!

Room Features

Basement Description Bulkhead, Unfinished, Interior Entry, Full, Exterior Entry

Lot & Building Features

Cooling None
Tax Year 2022
Taxes Paid $4,980

Unit Features

Unit 1 Full Baths 2
Unit 1 of Bedrooms 3
Unit 1 of Rooms 6
Unit 2 Full Baths 1
Unit 2 of Bedrooms 1
Unit 2 of Rooms 2

Price History of 7 Garfield Street

Date Name Price Difference
08/12/2024 Price Adjustment $625,000 3.85%
05/20/2024 Price Adjustment $650,000 3.70%
03/13/2024 Price Adjustment $675,000 2.17%
01/12/2024 Price Adjustment $690,000 1.29%
07/03/2024 Listing Price $699,000 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
$440,000
$183 / sqft
Average
$513,167
$221 / sqft
High
$605,000
$244 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Saco 04072 0 3.0 $625,000 2,314 $270 N/A
13 Orchard Street Biddeford 04005 0 3.0 $490,000 2,346 $209 10/31/2023
8 Porter Street Biddeford 04005 0 2.0 $528,000 2,366 $223 11/13/2023
34 Piersons Lane Biddeford 04005 0 3.0 $515,000 2,401 $214 12/06/2023
102 Common Street Saco 04072 0 2.0 $535,000 2,304 $232 01/19/2024
15 Elmwood Drive Saco 04072 0 2.0 $550,000 2,270 $242 01/08/2024
36 Green Street Saco 04072 0 2.0 $480,500 2,176 $221 01/17/2024
239 Elm Street Biddeford 04005 0 2.0 $440,000 2,408 $183 05/13/2024
76 Shadagee Road Saco 04072 0 2.0 $475,000 2,120 $224 04/26/2024
17 George Street Biddeford 04005 0 2.0 $605,000 2,480 $244 06/21/2024

Map of 7 Garfield Street, Saco, ME

Location Map Street View
Photo of Carol Camp
Direct: 603-868-1113
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Landing Real Estate, Katherine Kinney 207-775-7653
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7 Garfield Street (MLS #1575683) is a new englander multi-family listing located in Saco, ME. This multi-family listing is 2,314 sqft and on a lot of 32,670 sqft (or 0.75 acres) and is 99 years old. This property was listed on 07/03/2024 and has been priced for sale at $625,000.

The multi-family listing at 76 Shadagee Road in Saco is nearby and sold for $475,000 on 04/26/2024. Another nearby multi-family listing, 36 Green Street in Saco sold for $480,500 on 01/17/2024.

Nearby zip codes are 04005, 04046, 04064, 04074 and 04093. 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: Landing Real Estate

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.