Great Island Realty

42 Thornton Avenue, Unit 3Saco, ME 04072Price: $745,000

  • Price: $745,000
  • Est. Mortgage of $/month
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$
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Federal 30-year interest rate: 6.33% last updated on Dec 8, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $745,000List Price
  • 4Bathrooms
  • 0.23Acreage
  • 4,804Square Feet
Listed by EXP Realty,LLC
Pending

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Multiunit for sale in prime downtown Saco location. Close to Main Street, Reny's, and Shaw's. Two 2 BR/1BA apartments built in 2019 with multiple year leases in place. Both expire in 2026 so you have guaranteed income (with increases built in) for 4 years! Tenants pay all utilities except water and sewer.A 2800sf house in the process of being converted to two 2+ bedroom apartments with plans included. All cabinets, countertops, flooring, and appliances for planned upstairs kitchen included! A new downstairs bathroom and laundry room will be completed prior to closing. The house is currently vacant but was being rented by the room with shared living space. The living room was being used as a downstairs bedroom and the dining room was turned into the living area. There is a large eat-in kitchen.A sprinkler system is required by code. Seller will provide contact information for installer and $20,000.00 allowance.Home can easily be returned to single family living with minor work.There is a security system in place (through Vivint) that monitors exterior of the property and interior common areas of main house, easily removed if not wanted.Fully insulated attic with high ceilings - great for bonus room however cannot be used for sleeping per code.Four Natural Gas boilers installed in 2021. Two belong to the existing apartments, the other two supply the house and provide room to divide the home into two apartments that pay their own heat. Those two boilers will also heat the water while the apartments use hybrid electric hot water heaters installed in 2019.Driveway paved in 2020 with parking for 9 vehicles.

Property Details of 42 Thornton Avenue, Unit 3

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Great Island Realty participates in ©2022 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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