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!
Closed
$490,000
23 Union Street, Saco, ME 04072
4beds
1,777sqft
Multi Family
Built in 1840
-- sqft lot
$501,200 Zestimate®
$276/sqft
$2,387 Estimated rent
Owner options
What's special
Zillow last checked: 8 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#: 1606956
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