Rare opportunity to acquire a well-maintained, stabilized six-unit multifamily investment in one of Saco's most desirable rental markets. This fully occupied property offers a 7.40% in-place cap rate, $114,680 NOI, and long-term tenants providing immediate, reliable cash flow.
Family-owned since 1970, this low-maintenance asset has been extensively updated with significant capital improvements, including updated electrical and plumbing, newer insulation, energy-efficient windows, spray-foamed basement areas, updated boiler, and renovated unit interiors. Each unit features modern kitchens with granite countertops, stainless steel appliances, in-unit laundry, solid wood doors, and LED/recessed lighting.
The oversized lot provides parking for 13 vehicles, private or shared outdoor space for each unit, owner-accessed garage and storage, a timber-framed trash shed, and a large backyard. A 2021 property survey and anticipated July 2027 zoning revisions may provide future expansion potential, subject to municipal approvals.
Conveniently located near downtown Saco, Portland, beaches, the Maine Turnpike, Amtrak, UNE, and USM, this is a rare opportunity to acquire a strong-performing multifamily asset with immediate income, minimal deferred maintenance, and long-term upside potential.
Active
Price cut: $170K (7/19)
$1,550,000
91 Bradley Street, Saco, ME 04072
11beds
6,321sqft
Multi Family
Built in 1892
-- sqft lot
$-- Zestimate®
$245/sqft
$-- HOA
What's special
Large backyardLed and recessed lightingGranite countertopsTimber-framed trash shedModern kitchensEnergy-efficient systemsOversized lot
- 67 days
- 223
- 11
Zillow last checked:
Listing updated:
Listed by:
Meservier & Associates
Source: Maine Listings,MLS#: 1669203
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 6
Heating
- Baseboard, Forced Air
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Wood
- Basement: Bulkhead,Unfinished
Interior area
- Total structure area: 6,321
- Total interior livable area: 6,321 sqft
- Finished area above ground: 6,321
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 11 - 20 Spaces, Off Street
Features
- Levels: Multi/Split
- Patio & porch: Porch
Lot
- Size: 0.79 Acres
- Features: City Lot, Near Shopping, Neighborhood, Level, Open Lot, Sidewalks, Wooded
Details
- Additional structures: Shed(s)
- Parcel number: SACOM052L080U000000
- Zoning: Med Den Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Farmhouse,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Granite
- Roof: Shingle
Condition
- Year built: 1892
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Saco
Financial & listing details
- Price per square foot: $245/sqft
- Tax assessed value: $736,200
- Annual tax amount: $15,563
- Date on market: 6/26/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2026 | Price change | $1,550,000-9.9%$245/sqft |
Source: | ||
| 6/26/2026 | Listed for sale | $1,720,000-3.9%$272/sqft |
Source: | ||
| 2/5/2026 | Listing removed | $1,790,000$283/sqft |
Source: | ||
| 1/7/2026 | Price change | $1,790,000-3.2%$283/sqft |
Source: | ||
| 11/14/2025 | Listed for sale | $1,850,000$293/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,859 | $736,200 |
| 2023 | $10,859 -1.1% | $736,200 +22.8% |
| 2022 | $10,985 +15.1% | $599,300 +18.5% |
| 2021 | $9,548 | $505,700 |
| 2020 | $9,548 +5.5% | $505,700 +8.2% |
| 2019 | $9,054 +1.7% | $467,200 +1.7% |
| 2018 | $8,899 +1.7% | $459,200 +1.7% |
| 2017 | $8,752 -4% | $451,600 -3.8% |
| 2016 | $9,120 +1.8% | $469,600 +0.7% |
| 2015 | $8,960 +3.2% | $466,200 |
| 2014 | $8,681 +0.2% | $466,200 |
| 2013 | $8,662 | $466,200 |
Find assessor info on the county website
Monthly payment
Est. payment








