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  • $905,000

    119 Lincoln Street, Saco, ME 04072

    14beds
    4,863sqft
    Multi Family
    Built in 1937
    -- sqft lot
    $951,900 Zestimate®
    $186/sqft
    $2,333 Estimated rent

    Home value

    $951,900

    $876,000 - $1.04M

    $2,333/mo

    Zestimate® history
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    $5,529/mo

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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Flaherty Group

    Bought with:

    Signature Homes Real Estate Group, LLC

    Source: Maine Listings,MLS#: 1605418MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • One-Floor Living, Storage
    • Flooring: Vinyl, Wood
    • Basement: Interior Entry,Full,Unfinished
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 4,863
    • Total interior livable area: 4,863 sqft
    • Finished area above ground: 4,863
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, 5 - 10 Spaces, Off Street
    Features
    • Levels: Multi/Split
    • Stories: 3
    • Patio & porch: Deck, Porch
    Lot
    • Size: 7,840 sqft
    • Features: Near Turnpike/Interstate, Near Town, Neighborhood, Corner Lot, Level, Open Lot, Sidewalks
    Details
    • Parcel number: SACOM052L133U000000
    • Zoning: HDR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander,Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Clapboard, Shingle Siding
    • Foundation: Granite
    • Roof: Flat,Pitched
    Condition
    • Year built: 1937

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Saco

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/4/2024Sold$905,000-2.2%$186/sqft
    Source: Maine Listings #1605418 Report a problem
    10/15/2024Pending sale$925,000$190/sqft
    Source: Maine Listings #1605418 Report a problem
    10/10/2024Contingent$925,000$190/sqft
    Source: Maine Listings #1605418 Report a problem
    9/30/2024Listed for sale$925,000$190/sqft
    Source: Maine Listings #1605418 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,459 $505,700
    2023$7,459 +13.2%$505,700 +40.6%
    2022$6,591 +2.3%$359,600 +5.4%
    2021$6,440 $341,100
    2020$6,440 +7%$341,100 +9.8%
    2019$6,019 +1.6%$310,600 +1.6%
    2018$5,926 +7.3%$305,800 +7.3%
    2017$5,521 -9.4%$284,900 -9.2%
    2016$6,094 +2.1%$313,800 +1.1%
    2015$5,966 +3.2%$310,400
    2014$5,780 +0.2%$310,400
    2013$5,767 +20%$310,400 -6.9%
    2011$4,806 +5.9%$333,300
    2009$4,540 +1.5%$333,300
    2008$4,473 $333,300

    Find assessor info on the county website

    Neighborhood: 04072

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $951,900
    2% more
    +$19,038
    With Zillow Showcase(estimated)
    $970,938