23 Union Street

Saco, ME 04072

$510,000
Price
4
Beds
1,777 Sq. Ft.
$287 / Sq. Ft.
1,777
Sq. Ft.
$287
per Sq. Ft.

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. 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
...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. 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. • 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. • 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. • 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!
  1. Listed by Jonathan Safford • Better Homes & Gardens Real Estate/The Masiello Group • 207-590-6026

Property Details for 23 Union Street

Waterfront
No
ArchitecturalStyle
Farmhouse
Garage
No
Zoning
MDR
LISTING UPDATED: 11/25/2024 04:26 PM

Property Details for 23 Union Street

StatusActive Under Contract
MLS #1606956
Days on Market73
Taxes$4,875 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1840
Lot Size0.25 AC / 10,890 SF
CountyYork County

Building Information for 23 Union Street

Stories-Residences2Year Built1840Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 23 Union Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 1905
  • Directions: GPS Friendly to 23 Union St, Saco
  • Town: Saco
  • State/Province: ME
  • Zip Code: 04072
  • County: York
  • Geo Latitude: 43.503053
  • Geo Longitude: -70.443729
  • Tax Lot: 221
  • Site:Level: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Neighborhood: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved, On Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 913
  • Tax Map Number: 39
  • Tax Year: 2023
  • Parcel Number: SACO-000039-000221
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,875.00
  • Restrictions:No Restrictions: Yes
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1777.0
  • Lot Size Acres: 0.25
  • Source of Acreage: Public Records
  • Building Area Total: 1777.0
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10890.0
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Street Number: 23
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: 1.00
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1840
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Sump Pump, Interior Entry, Unfinished
  • Flooring: Vinyl, Laminate
  • Cooling: None
  • Heating: Other Heat System, Hot Water, Direct Vent Heater, Baseboard
  • Foundation Details: Stone, Granite
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 2.50
  • Bathrooms Total (Notational): 2.10
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $46,800.00
  • Operating Expenses: $8,913.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Heating Units: 3
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $1,600.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $2,300.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: 1.00
  • Unit 2:# of Rooms: 7.00
  • Unit 2:# of Bedrooms: 3.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: No
  • Unit 2:Water: No
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 23 Union Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23 Union Street

Taxable ValueLand$206,100Additions$124,400Total$330,500
Tax Record2024$4,644 ($387 / month)
Home Facts
Baths2Total Finished SqFt1,777 SqFtAbove Grade Finished SqFt1,777 SqFtUnfinished Basement SqFt1,352 SqFtStories2Lot Size10,890 SqFtStyleSchoolYear Built1840ZoningR-1BCountyYORKAPNSACO M:039 L:221 U:000-000

Schools near 23 Union Street

This home is within Saco Public Schools.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
C K Burns School
Public3 to 5

Saco Middle School
Public6 to 8

Saco Transition Program
Public9 to 12

Governor John Fairfield School
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.