91 Bradley Street, Saco, ME 04072
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
91 Bradley Street,Saco, ME 04072
$1,550,000
- - Beds
- 7 Baths
- 6,321 sq. ft.
- Multi-family
- Active
Office: meservier & associates
MLS#:1669203
Source:ME_MREIS
Price summary
- Price:$1,550,000
- Price per sq. ft.:$245.21
About this home
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. Seller just had front portion of the building's roof redone, so all three sections of the roof have been updated over the course of ownership....
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Home facts
- Year built:1892
- Listing ID #:1669203
- Updated:November 13, 2026 at 12:00 PM
Rooms and interior
- Total bathrooms:7
- Full bathrooms:6
- Flooring:Laminate, Vinyl, Wood
- Basement Description:Bulkhead, Unfinished
- Living area:6,321 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air, Heating, Oil, Propane
Structure and exterior
- Roof:Shingle
- Year built:1892
- Building area:6,321 sq. ft.
- Lot area:0.79 Acres
- Lot Features:Intown, Level, Near Shopping, Neighborhood, Open Lot, Sidewalks, Wooded
- Architectural Style:Farmhouse
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Porch
- Foundation Description:Granite, Stone
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$245.21
- Tax amount:$15,563 (2025)
Parking
- Parking description:11 - 20 Spaces, Off street, Paved
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