Charming 3-Unit Building in Saco, Maine
Located in a highly sought-after neighborhood, this 3-unit building offers a perfect blend of comfort, convenience, and location. Whether you're an investor looking for a prime rental property or someone seeking to live in one unit and rent the others, this property has great potential . You'll enjoy a peaceful setting with easy access to everything you need.
Close to Beaches: Just a 10-minute drive to the stunning beaches of Southern Maine, perfect for summer relaxation or year-round coastal enjoyment.Proximity to Golf Courses: Located near several top-rated golf courses, providing a great opportunity for golf enthusiasts to enjoy their favorite pastime.Easy Access to Major Highways: With quick access to the Maine Turnpike (I-95), commuting to Portland, Boston, or other parts of New England is a breeze.Spacious Units: The building features three comfortable units, each with ample living space, natural light, and a welcoming atmosphere. This is a Great Investment Opportunity: Whether you're interested in long-term rental income or owner-occupancy with rental income from the other units, this property is a fantastic investment.
This property offers the best of both worlds: a peaceful neighborhood setting with easy access to the vibrant Maine coast, golf courses, and major routes. Don't miss out on the chance to own a piece of this growing and desirable area. No showings until after the Open House on Saturday December 14th 12:00 noon - 2:00 p.m.
Closed
$561,000
5 Wakefield Avenue, Saco, ME 04072
6beds
2,122sqft
Multi Family
Built in 1850
-- sqft lot
$574,400 Zestimate®
$264/sqft
$2,080 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 26, 2025 at 06:58am
Listed by:
Bayley Realty Group
Bought with:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1611101
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Features
- 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage
- Flooring: Carpet, Laminate, Other, Vinyl, Wood
- Basement: Exterior Entry,Bulkhead,Full,Other,Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,122
- Total interior livable area: 2,122 sqft
- Finished area above ground: 2,122
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Other, 5 - 10 Spaces
Features
- Levels: Multi/Split
- Stories: 25
- Patio & porch: Porch
Lot
- Size: 0.35 Acres
- Features: Interior Lot, City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad, Level, Open Lot
Details
- Additional structures: Shed(s)
- Parcel number: SACOM031L127U000000
- Zoning: MDR
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vertical Siding, Wood Siding
- Foundation: Stone, Granite
- Roof: Shingle
Condition
- Year built: 1850
Utilities & green energy
- Electric: Circuit Breakers, Combination
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Saco
Other
Other facts
- Listing terms: 1031 Exchange
- Road surface type: Paved