Location and condition! This super clean 4 unit is ready for easy landlording! The Second floor units have been completely updated, with new kitchens, Baths and ceilings and paint and tile and the front halls are like new. .. .Third floor attic offers an opportunity to expand while in the basement you will find 4 newer hot water units(Tenants pay) and a newer higher efficiency boiler. The windows and many doors have also been done! Located in a convenient area next to the shopping center with lots of off street parking your tenants will love.
Incredible investment opportunity for both the investor or owner occupant. Introducing a well maintained, 4 unit building with plenty of parking. Tenants will enjoy living close to area shopping as well a convenient access to the Maine turnpike. Many of the updates and capital expenditures have already been done. Long-term tenants ensure the building will maintain its cash flow with room for growth. Call today to reserve your spot in the group showing on May 6th at 10:00.
MREIS #886691
Apr 9, 2008
Listed
$299,900
$74/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
York County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jan 5, 2024.
Property details
Parking
Parking Information
Parking Features: 5 - 10 Spaces, Paved, Common, Off Street
Interior
Bathroom Information
# of Baths (Full): 1
Basement Information
Basement Entry: Full, Bulkhead, Exterior Only
Interior Features
Interior Features: 1st Floor Bedroom, Attic
Window Features: Double-Pane Windows
Flooring: Laminate, Carpet
Other Equipment: Internet Access Available
Laundry Information
Laundry Features: Washer Hookup
Multi-Unit Information
# of Units Total: 4
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 3
Operating Expense: $14,617
Gross Income: $16,200
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,075
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,050
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 1
Actual Rent: $950
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
Actual Rent: $950
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: No
Water: No
Exterior
Building Information
Construction Materials: Asbestos, Wood Frame
Foundation Details: Granite
Roof: Shingle
Total Stories: 2
Total Building Area (Sq. Ft.): 4,036
Exterior Features
Patio & Porch Features: Porch
Other Structures: Outbuilding
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 4,036
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $9,583.20
Lot Size (Acres): 0.22
Lot Size Source: Public Records
Lot Features: Open, Level, Sidewalks, Intown, Near Turnpike/Interstate, Suburban, Near Railroad
Road Surface Type: Paved
Zoning: R-3
Financial
Tax Information
Annual Tax Amount: $6,409
Tax Year: 2018
Utilities
Utility Information
Has Heating
Heating: Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
Location Information
Unparsed Address: 37-39 Spring Street, Saco, ME 04072
Directions: Spring Street Near the blinking light behind Shaws
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: York County
APN: —
Home facts updated by county records on Jan 5, 2024
Around this home
Schools
C K Burns School
Public 3-5 • Assigned • 0.5mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 90° expected this year, 18 days in 30 years
6/10 Wind Factor
65% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Saco, ME • 04072
Average low and high temperatures (°F)
30
14
34
13
45
28
54
36
65
47
76
56
80
62
78
58
72
52
62
42
50
32
35
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$680,000 – $823,000
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