Saco ME Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,777
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1840
Baths:
3.00
MLS#:
1606956

ADDITIONAL INFORMATION

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!

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Saco Real Estate

The median home value in Saco, ME is $546,250. This is higher than the county median home value of $425,900. The national median home value is $338,100. The average price of homes sold in Saco, ME is $546,250. Approximately 62.49% of Saco homes are owned, compared to 29.24% rented, while 8.28% are vacant. Saco real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saco real estate agent to arrange a tour today!

Saco, Maine has a population of 20,203. Saco is more family-centric than the surrounding county with 33.25% of the households containing married families with children. The county average for households married with children is 27.9%.

The median household income in Saco, Maine is $72,700. The median household income for the surrounding county is $73,856 compared to the national median of $69,021. The median age of people living in Saco is 43.1 years.

Saco Weather

The average high temperature in July is 78.4 degrees, with an average low temperature in January of 10.8 degrees. The average rainfall is approximately 49.2 inches per year, with 60.6 inches of snow per year.

Saco Real Estate Market Conditions

  • Median sales price

    $546,250
    16.2% change since last quarter
  • # Active listings

    50
    30-day change

Saco Schools and Demographics

Education near Saco, ME

Metric City County
High School Graduates 94.49 94.39
College Degree - 2 year 9.86 11.18
College Degree - 4 year 40.75 32.77
Graduate Degree 12.64 8.96
Expenditures per Student 17,971 17,971
Students per Teacher 11.9 11.9

Elementary Schools near Saco, ME

School Grades Students P/T Ratio ZIP
Biddeford Primary School 01 - 03 556 12.8 04005
Blue Point School KG - 02 223 10.7 04074
C K Burns School 03 - 05 593 04072
Dayton Consolidated School KG - 05 138 04005
Eight Corners Elementary School KG - 02 221 10.4 04074
Governor John Fairfield School KG - 02 271 04072
Jameson Elementary School KG - 03 236 9.6 04064
John F Kennedy Memorial School KG - KG 184 13.7 04005
Pleasant Hill School KG - 02 173 11.8 04074
Wentworth School 03 - 05 697 12.7 04074
Young School KG - 02 317 04072

Middle Schools near Saco, ME

School Grades Students P/T Ratio ZIP
Biddeford Intermediate School 04 - 05 374 11.8 04005
Biddeford Middle School 06 - 08 534 10 04005
Loranger Middle School 04 - 08 295 8.7 04064
SACO Middle School 06 - 08 623 04072
Scarborough Middle School 06 - 08 799 11.6 04074

High Schools near Saco, ME

School Grades Students P/T Ratio ZIP
Biddeford High School 09 - 12 801 14.8 04005
Old Orchard Beach High School 09 - 12 257 8.7 04064
Scarborough High School 09 - 12 998 12.4 04074

Ungraded Schools near Saco, ME

School Grades Students P/T Ratio ZIP
Biddeford Regional Center of Tech UG - UG 0 0 04005

Demographics near Saco, ME

Metric City County
Neighborhood Type Suburban
Population 20,203 210,486
Population Density 525 212
Median Age 43.1 45.4
People per Household 2.3 2.4
Median Household Income 72,700 73,856
Average Income per Capita 40,927 39,450