23 Union Street Saco, ME
$510,000
Baths 3
Square Footage 1,777
Acres 0.25
Description
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!
Listed by Better Homes & Gardens Real Estate/The Masiello Group, Jonathan Safford 207-560-4683
Details
MLS 1606956
Status Active Under Contract
Price $510,000
DOM 59 days
Type Multi-Family
Style Farmhouse
Total Baths 2 full, 1 half baths
Square Feet 1,777 sqft
Lot Size 0.25 acres
Year Built 1840
Taxes Paid $4,875
Lot & Building Features
Cooling None
Tax Year 2023
Taxes Paid $4,875
Room Details
Basement Description Interior Entry, Unfinished, Sump Pump
Unit Features
Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 3
Unit 2 Full Baths 1
Unit 2 Half Baths 1
Unit 2 of Bedrooms 3
Unit 2 of Rooms 7
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.