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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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7 Garfield St , Saco, ME 04072
$599,999
Est. Payment: $3,095.74/mo
0 Bed
3 Bath
2314 Sqft
Status: active | Days on site: 86
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

This is the kind of property for both today's income and tomorrow's potential... and those are getting harder to find. Beyond the existing income, the real upside is in the zoning. The property allows for up to 6 total units, and prior engineering and planning board approval in 2022 supports additional development potential. Buyer to verify current status with the town, approval expired 2/18/24. Set on a .75 acre lot in a convenient Saco location, this two unit property delivers immediate cash flow, flexibility, and future upside. Unit 1 spans 1,800 sqft with a 3 to 4 bedroom layout and 2 full baths, currently occupied by a long term tenant paying 2,200 per month. The layout includes first floor living with additional space upstairs, creating a setup that is both functional and highly livable. Unit 2 is 600 sqft and has been fully renovated within the past year with a new kitchen, bathroom, flooring, and in unit washer and dryer. Previously rented at 1,450 per month, it is now vacant and ready for immediate occupancy or rental. The property also includes a full basement for major systems, a paved driveway, and ample parking. Located just minutes from downtown Saco, local restaurants, shopping, and the Maine coastline including Ferry Beach and Camp Ellis, with easy access to Route 1 and I 95 for commuting to Portland and surrounding areas. A property that works on multiple levels, from immediate income to long term development potential in a market where demand continues to grow.

Highlights

Listed by Bailey Pate , 207-229-5449 Maine Real Estate Co , 207-292-1030. Maine Real Estate Information System, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.75

Year Built

1925

County

York

Listing ID

1660328

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Cable,Internet Access Available
Floor:Carpet,Vinyl,Wood
Above Ground Sq Ft:2314
Below Ground Sq Ft:0
Basement:Bulkhead,Interior Entry,Full,Unfinished
Other:1st Floor Bedroom,Bathtub,Shower,Storage,Primary Bedroom w/Bath
Other:Public

Exterior Features

Lot:Interior Lot,Near Country Club,Near Golf Course,Near Public Beach,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Suburban,Near Railroad,Level,Open Lot,Sidewalks
Zoning:R-2
Roof:Shingle
Others:Nearby,Public
Sewer:Public Sewer
Parking Features:Gravel,Paved,1 - 4 Spaces,5 - 10 Spaces,On Site,Off Street
Principal Interest
$3,096
Taxes
$463

Home Price

$599,999

Loan Details

30 yrs
6.695%

Down Payment

20%
$120,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,095.74

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,095.74 $462.68 $0.00 $3,558.42
Yearly $37,148.85 $5,552.20 $0.00 $42,701.05
Total $1,114,465.44 $166,566.00 $0.00 $1,281,031.44

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Saco, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


IDX service by Blueroof 360

Data last updated: 2026-08-02T07:29:11.000Z

© 2026 Maine Real Estate Information System, Inc.

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