7 Garfield Street, Saco, ME 04072
FOR SALE0.75 ACRES

7 Garfield Street
Saco, ME 04072

  • Studio
  • 3 Baths
  • 2,314 sqft (on 0.75 acres)
  • Studio
  • 3 Baths
  • 2,314 sqft (on 0.75 acres)

$675,000

Est. Mortgage $4,227/mo*

Local Information

map showing home location
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-- mins to
Commute Destination
Last check for updates: about 13 hours ago
Listing courtesy of Landing Real Estate
Source: Maine Listings, MLS#1575683

Description

Perfect investment opportunity for someone looking to add to their portfolio or develop more housing units.This property is currently being used as a 2 unit and the land it sits on is zoned to allow a total of 6 units. The current owner has gone through all of the permitting and approval process' to develop an additional 5 units on the property - with this plan you would need to convert the 2 unit back into a single family. There are other development opportunities a new owner could explore as well. Any additional units would require condos - the seller has already started this process as well. This really is a great opportunity!

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$292
Listed
No Info

Home Details for 7 Garfield Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Exterior Entry,Bulkhead,Interior Entry,Unfinished
Beds & Baths
Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2314 Square Feet
Heating & Cooling
Heating: BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Wood
Levels, Entrance, & Accessibility
Floors: Wood

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Block, Brick/MortarNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: 5 - 10 Spaces,Paved
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2314 Square Feet

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: New Englander
Building
Construction Materials: Wood Siding, Vinyl Siding, Wood Frame

Price & Status

Price
List Price: $675,000Price Per Sqft: $292

Location

Direction & Address
City: Saco

Agent Information

Listing Agent
Listing ID: 1575683

Building

Building Area
Building Area: 2314 Square Feet

Lot Information

Lot Area: 0.75 acres

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 1575683

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Property Taxes and Assessment

Year2022
Tax$4,980
Assessment$271,700
Home facts updated by county records

Comparable Sales for 7 Garfield Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Multi-Family Home
$499,000
10/18/23
3
1,836
0.63
Multi-Family Home
$515,000
06/08/23
2
1,890
0.61
Multi-Family Home
$545,000
12/22/23
4
2,081
0.77
Multi-Family Home
$500,000
09/08/23
3
2,753
0.98
Multi-Family Home
$650,000
11/30/23
4
2,880
0.90
Multi-Family Home
$490,000
09/07/23
3
2,198
0.96
Multi-Family Home
$700,000
08/28/23
4
2,760
0.89
Multi-Family Home
$480,500
01/17/24
2
2,176
0.88
Multi-Family Home
$455,000
03/05/24
2
1,844

What Locals Say about Saco

  • Fragnater
    "Nice walkways, 1-2 mile walk with sidewalks are common in our community. Drivers are courteous and yield to dog walkers. It’s a nice walk… especially in the fall when the leaves are turning color, there are maple as and oaks and ginkgo trees that are a spectacle of color. Very enjoyable."
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  • Leo D.
    "Each other I have one sister left in my family both my parents have passed.i am 58 years old and very quiet I keep to myself and live alone.i won't be any trouble and have no pets"
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  • Debbie G. M.
    "A 10 minute walk to downtown for small shops, city hall and police station. public transportation available with a five minute walk to neighboring areas. We are in town with out of the city quietness."
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  • Buchalgi
    "I have lived here for 20 years. High traffic and great schools. Neighbors can be friendly and it is a safe town to live in with a family. "
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  • Andrew P.
    "This is a nice community. Safe for families and children: close to Portland , Boston, mountains and the ocean"
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  • Debbie G. M.
    "It’s quiet as though we were In the country, and yet everything is in walking distance. We have a community garden. We are just a few minutes away from the beach. There is public transIt."
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  • Sonja B.
    "I’ve lived here for a year my neighbors are great for the most part and the streets are quite . My landlord is my neighbor no issues . Down fall is there is a public park on a dead end street. Questionable people always show up late at night but the police patrol the area great. "
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  • safford j.
    "The Ferry beach community meetings bring our ward 4 neighborhood together to help keep us informed. Other events like river jam and river clean up are great ways to volunteer. "
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  • Lroche528
    "It’s country and Oceanside living. It’s small town feel - there’s a tight-knit community open to everyone who moves into the area. "
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  • Bob A. J. B.
    "Live on Ocean Park Road. A little crazy in summer but very peaceful in other seasons. Shuttle bus runs daily in front of house, and plowed regularly during snow storm. Trash picked up weekly."
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  • darlene j.
    "I keep coming back. great place to raise children"
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  • Sasha
    "Perfect meaning of vacationland,everything is around you"
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  • Rs_campbell
    "Great area with large lots in a country setting. Convenient to Portland, Old Orchard Beach, and I-95."
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Landing Real Estate
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
7 Garfield Street, Saco, ME 04072 is a studio, 3 bathroom, 2,314 sqft multi-family built in 1925. This property is currently available for sale and was listed by Maine Listings on Oct 24, 2023. The MLS # for this home is MLS# 1575683.