4-unit property in a prime Saco location offering a rare opportunity for both investors and owner occupants alike. With rents currently below market, the property presents clear upside potential while still providing immediate income. The building features a well-balanced unit mix including two 2-bedroom units, one 3 bedroom unit, and an expansive 4 bedroom unit that spans portions of the first and second floors. This larger unit showcases a unique layout with a spiral staircase and generous living space, making it an ideal option for an owner occupant looking to offset their mortgage, or for an investor seeking to maximize rental income. Off street parking is available for all units, and the location offers strong appeal with close proximity to downtown Saco, local shops, schools, and convenient access to major roadways and rails. Whether you are looking to live in one unit while building equity or add a high potential asset to your portfolio, this property offers flexibility, income, and long-term upside in one package.
Multi-familyProperty Type
1966Year Built
6,534 sq ftLot Size
$191Price/Sq.Ft.
1 spaceParking
Listed by Nicholas Siviski• Harborview Properties, Inc.
Great investment opportunity! 4 unit multi-family. UNIT 1 is a spacious 2 floor unit with a spiral staircase, 2 bathrooms, 3 bedrooms and a bonus room. Excellent unit for owner occupancy. UNITS 2 and 3 both have 2 bedrooms. UNIT 4 is located on the 3rd floor with 3 bedrooms. There are many updates through out the building. Off street parking for all 4 units. The location is ideal. Walking distance to schools, coffee shop and downtown Saco. Group showing Friday, July 13 11:00-12:30. All offers will be reviewed Monday, July 16 at 12:00 pm.
MREIS #780823
Jan 25, 2006
Listed
$495,000
$128/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$8,413 (−4.7%)
$144,300 + $454,500
$598,800
2023
$8,832 (+13.6%)
$144,300 + $454,500
$598,800
2022
$7,774 (+6.6%)
$110,000 + $314,100
$424,100
2021
$7,295 (+11.0%)
$98,200 + $288,200
$386,400
2020
$6,570 (+1.5%)
$86,400 + $247,600
$334,000
2019
$6,473 (+2.4%)
$86,400 + $247,600
$334,000
2018
$6,322 (+1.2%)
$78,600 + $247,600
$326,200
2017
$6,250 (+15.6%)
$78,600 + $243,900
$322,500
2016
$5,405 (+9.5%)
$51,200 + $227,100
$278,300
2015
$4,934 (+3.5%)
$51,200 + $205,500
$256,700
2013
$4,769
$51,200 + $205,500
$256,700
Public record
Beds
6
Baths
5
Stories
3
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
—
Sq. Ft.
3,881
Year built
1966
Style
Multi-Family (5+ Unit)
County
York County
APN
727358
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Paved, Common
Interior
Bathroom Information
# of Baths (Full): 5
Basement Information
Basement Entry: Interior, Full, Unfinished
Interior Features
Window Features: Double-Pane Windows
Flooring: Vinyl, Tile, Laminate, Carpet
Other Equipment: Internet Access Available, Cable
Laundry Information
Laundry Features: Coin Laundry
Multi-Unit Information
# of Units Total: 4
# of 2 Bedroom Units: 2
# of 3 Bedroom Units: 1
# of 4 Bedroom Units: 1
Operating Expense: $26,409
Gross Income: $66,935
Unit 1 Information
# of Baths (Full): 1
# of Bedrooms: 2
# of Rooms: 5
Actual Rent: $1,250
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Baths (Full): 1
# of Bedrooms: 3
# of Rooms: 6
Actual Rent: $1,300
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Baths (Full): 1
# of Bedrooms: 2
# of Rooms: 5
Actual Rent: $1,450
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Baths (Full): 2
# of Bedrooms: 4
# of Rooms: 8
Actual Rent: $1,550
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Granite
Roof: Shingle
Total Building Area (Sq. Ft.): 3,881
Exterior Features
Patio & Porch Features: Porch
Property Information
Year Built: 1966
Above-Grade Finished Area (Sq. Ft.): 3,881
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $6,534
Lot Size (Acres): 0.15
Lot Size Source: Public Records
Lot Features: Sidewalks, Intown, Near Turnpike/Interstate, Near Town
Road Surface Type: Paved
Zoning: HDR
Financial
Tax Information
Annual Tax Amount: $8,503
Tax Year: 2026
Utilities
Utility Information
Has Heating
Heating: Direct Vent Heater
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas, Tankless
Location
HOA Information
Pets Allowed: No Restrictions
School Information
High School District: Saco Public Schools
Location Information
Unparsed Address: 87 High Street, Saco, ME 04072
Directions: Main Street, to Beach Street, To High Street.
Public facts
Beds: 6
Baths: 5.0
Sq. Ft.: 3,881
Stories: 3.0
Lot Size: 6,534 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1966
Year Renovated: —
County: York County
APN: 727358
Home facts updated by county records on Jul 30, 2026
Around this home
Schools
C K Burns School
Public 3-5 • Assigned • 0.1mi
6/10
Provided by GreatSchools
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
4/10 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
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45
28
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36
65
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80
62
78
56
72
52
62
42
50
32
35
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
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Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.