Price Reduced 3.85%

$625,000

Est. Mortgage $0/mo *

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Price History

$650,000
7/3/2024

$625,000
8/12/2024

7 Garfield Street, Saco, ME, 04072

7 Garfield Street, Saco, ME, 04072
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3 Full baths

1925

New Englander

2,314 sqft

Seller concession offered. 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!

Status:

Active

Type:

Multi-family

Units:

2

Zoning:

R-2

Heating:

Baseboard

Cooling:

None

Basement:

Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished

Parking:

5 - 10 Spaces, Paved

Acreage:

0.75

Est. Taxes:

$4,980

Construction

Wood Siding, Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Level, Sidewalks, Near Town, Neighborhood

MLS #:

1575683

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Landing Real Estate