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  • $490,000

    23 Union Street, Saco, ME 04072

    4beds
    1,777sqft
    Multi Family
    Built in 1840
    -- sqft lot
    $484,600 Zestimate®
    $276/sqft
    $2,419 Estimated rent

    Home value

    $484,600

    $431,000 - $543,000

    $2,419/mo

    Zestimate® history
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    $2,427/mo

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    $2,427/mo

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    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: February 07, 2025 at 12:32pm

    Listed by:

    Better Homes & Gardens Real Estate/The Masiello Group 207-590-6026

    Bought with:

    Maine Real Estate Co

    Source: Maine Listings,MLS#: 1606956MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Direct Vent Heater, Hot Water, Other
    Cooling
    • None
    Features
    • Flooring: Laminate, Vinyl
    • Basement: Interior Entry,Sump Pump,Unfinished
    Interior area
    • Total structure area: 1,777
    • Total interior livable area: 1,777 sqft
    • Finished area above ground: 1,777
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, 1 - 4 Spaces, On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.25 Acres
    • Features: City Lot, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Sidewalks
    Details
    • Parcel number: SACOM039L221U000000
    • Zoning: MDR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Farmhouse
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Stone, Granite
    • Roof: Shingle
    Condition
    • Year built: 1840

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Saco

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/7/2025Sold$490,000-3.9%$276/sqft
    Source: Maine Listings #1606956 Report a problem
    2/7/2025Pending sale$510,000$287/sqft
    Source: Maine Listings #1606956 Report a problem
    11/25/2024Contingent$510,000$287/sqft
    Source: Maine Listings #1606956 Report a problem
    11/18/2024Price change$510,000-2.9%$287/sqft
    Source: Maine Listings #1606956 Report a problem
    10/16/2024Listed for sale$525,000+176.3%$295/sqft
    Source: Maine Listings #1606956 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,875 $330,500
    2023$4,875 -8.1%$330,500 +14.2%
    2022$5,305 +68.1%$289,400 +73.2%

    Find assessor info on the county website

    Neighborhood: 04072

    Nearby schools

    GreatSchools rating
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