119 Lincoln Street, Saco, Maine
Step into timeless charm with this 4-unit, built in 1937. Offering classic turn-of-the-century features, this gem is a rare find for investors and homeowners alike. Each of the four units boasts the warmth of wood flooring throughout and the elegance of detailed woodworking. Two cozy fireplaces (currently non-functional) add a nod to the past, enhancing the character of this historic building.
Two of the units are spacious 3-bedroom layouts, while the remaining two provide ample living space with 4 bedrooms each, ideal for families or those needing room for a home office or two. Three of the units feature private decks, perfect for enjoying Maine’s serene summer evenings, while all units include their own washer and dryer hook-ups for added convenience.
Despite the current under-market rents, projected market rents make this property a fantastic opportunity for increased income potential. Whether you’re looking to invest or live in one of these charming units, the future holds great promise.
Situated in Saco, this property enjoys proximity to Maine’s stunning coastline. You’re just minutes away from Saco’s scenic beaches and the lively Old Orchard Beach, offering sandy shores and endless entertainment. The city of Saco itself is a growing, vibrant community known for its small-town charm and easy access to amenities such as restaurants, shopping, and outdoor recreation. It’s the perfect blend of coastal living with the convenience of city life.
Don’t miss this chance to own a piece of Saco’s history with promising potential for the future!
| Price: | $925,000 |
|---|---|
| Address: | 119 Lincoln Street |
| City: | Saco |
| State: | Maine |
| Zip Code: | 04072 |
| MLS: | 1605418 |
| Year Built: | 1937 |
| Square Feet: | 4,863 |
| Acres: | 0.18 |
| Lot Square Feet: | 0.18 acres |
| Bathrooms: | 4 |
| roof: | Flat, Pitched |
|---|---|
| sewer: | Public Sewer |
| taxLot: | 133 |
| cooling: | None |
| heating: | Hot Water, Baseboard |
| stories: | 3 |
| taxYear: | 2023 |
| basement: | Full, Interior Entry, Unfinished |
| electric: | Circuit Breakers |
| flooring: | Wood, Vinyl |
| garageYN: | no |
| coolingYN: | no |
| mlsStatus: | Active Under Contract |
| utilities: | Utilities On |
| fireplaceYN: | yes |
| grossIncome: | 78360 |
| landLeaseYN: | no |
| lotFeatures: | Corner Lot, Level, Open Lot, Sidewalks, Near Turnpike/Interstate, Near Town, Neighborhood |
| lotSizeArea: | 0.18 |
| waterSource: | Public |
| lotSizeUnits: | Acres |
| storiesTotal: | 3 |
| taxMapNumber: | 052 |
| waterfrontYN: | no |
| associationYN: | no |
| lotSizeSource: | Public Records |
| taxBookNumber: | 11562 |
| fireplacesTotal: | 2 |
| laundryFeatures: | Washer Hookup |
| parkingFeatures: | 5 - 10 Spaces, Paved, Off Street |
| roadSurfaceType: | Paved |
| taxAnnualAmount: | 7459 |
| attachedGarageYN: | no |
| interiorFeatures: | One-Floor Living, Storage |
| operatingExpense: | 26005 |
| foundationDetails: | Granite |
| lotSizeSquareFeet: | 7840.8 |
| architecturalStyle: | Multi-Level, New Englander |
| numberOfUnitsTotal: | 4 |
| waterInfoWaterView2: | No |
| patioAndPorchFeatures: | Deck, Porch |
| aboveGradeFinishedArea: | 4863 |
