112 Elm Street

Closed 5/30/25

Sold

Last Sold Price

$674,000

3 baths2,532 sqft

112 Elm St, Saco, ME 04072

Multi FamilyProperty Type

0.12 acresLot Size

1867Year Built

$266/sq ftPrice per sq ft

2 carsParking Spaces

Description

Saco-downtown multifamily 2-unit homes do not come available like this particular one very often! Situated on a corner lot, one way street, eliminating the business of most downtown roads. Off street parking for 4+ vehicles w/yard. Sidewalks to stroll downtown for a coffee, bite to eat or some casual shopping- makes this location perfect for an owner or investor. Spacious & updated first floor 2-bedroom has an ideal layout for an owner occupy situation or if you're looking to obtain professional...Saco-downtown multifamily 2-unit homes do not come available like this particular one very often! Situated on a corner lot, one way street, eliminating the business of most downtown roads. Off street parking for 4+ vehicles w/yard. Sidewalks to stroll downtown for a coffee, bite to eat or some casual shopping- makes this location perfect for an owner or investor. Spacious & updated first floor 2-bedroom has an ideal layout for an owner occupy situation or if you're looking to obtain professional tenants at a monthly-rent premium- this one is a gem! Did I mention in-unit laundry-room as well. Unit-2 is two levels on the 2nd & 3rd floor & provides 4-bedrooms to maximize your potential rental income! Tastefully updated w/half bath & full bath. In unit Laundry and plenty of space. Both units feel very spacious and are carefully designed making it a great layout. New roof in 2016 w/plenty of life left. If you're an investor looking to invest in the growing Saco market or seeking to live here as your primary residence w/low monthly expenses this property should not be missed! Open House on Sunday, April 6th, from 11-1pm. Don't miss out on this opportunity!

Listed by: Nicholas Trepanier 207.781.1111 NICK@FOBAILEY.COM • F.O. Bailey Real Estate

Listing closed: 05/30/2025 12:00 AM • Source: Maine Listings, MLS#: 1617962

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Location

Listing Courtesy of F.O. Bailey Real Estate

Sold By Hearth & Key Realty

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$3,998 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,598

Property Taxes

$400

HOA Dues

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Property Information for 112 Elm Street

Property Details

Taxes: $4,799 / year
MLS Type: Multi-Family
County: York County
Architectural Style: Colonial
Style: Colonial
Subdivision Name: Historic Preservation District
Has Waterfront: No
Zoning: R3

Building Information

Stories: 3
Residences: 2
Year Built: 1867
Lot Size: 0.12 AC / 5,227 SF

Summary

Location and General Information

Water View: No
Location: Historic District, Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad

Page: 230
Latitude: 43.500909
Longitude: -$70.44
Transportation: Major Road Access, Public Transport Access, Rail Available

Taxes and HOA

Association: No
Parcel Number: SACO-000039-000023

Tax Lot: 23
Tax Book Number: 18677
Tax Map Number: 39
Tax Year: 24
Tax Annual Amount: $4,799.00

Parking

Parking Features: Storage Above, 1 - 4 Spaces, Paved, Common, Inside Entrance
Parking: 1 - 4 Spaces

Vehicle Storage: 2 Car, Attached, Direct Entry to Living, Storage Above
Has Attached Garage: Yes
Garage Spaces: 2.0
Has Garage: Yes

Property

Lot Information

Lot Features: Open, Corner Lot, Level, Sidewalks, Historic District, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Lot Size Acres: 0.12

Lot Size Area: 0.12
Lot Size Source: Public Records
Lot Size Square Feet: 5227.2
Lot Size Units: Acres
Roads: Public
Road Frontage: false
SqFt Source: Public Records
Site: Corner Lot, Level, Open, Sidewalks

Property and Assessments

Above Grade Finished Area: 2532.0
Building Area Total: 2532.0

Property Type: Multi-Family
Deed: All
Restrictions: No Restrictions
Construction: Wood Frame
Year Built: 1867

Building Features

Foundation Details: Brick/Mortar
Foundation Materials: Brick/Mortar

Construction Materials: Wood Siding, Clapboard, Wood Frame
Other Structures: Barn(s)
Color: Green
Stories: 3
Stories Total: 3

Financial Information

List Price/SqFt: $244.83

Green Features

Energy Efficiency: ENERGY STAR Qualified Appliances

Utilities

Heat Fuel: Oil
# Heating Units: 1

# Water Heaters: 2
Electric: Circuit Breakers
Gas: No Gas
Recreational Water: Nearby
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Clapboard, Wood Siding
Roof: Shingle

Driveway: Common, Paved

Interior Features

Accessibility Features: 32 - 36 Inch Doors, Level Entry
Amenities: 1st Floor Bedroom, Main Level, Upper Level, Shower

Appliances: ENERGY STAR Qualified Appliances
Bathrooms Full: 2
Bathrooms Half: 1
Bathrooms Total Decimal: 2.5
Bathrooms Total Integer: 3
Equipment: Internet Access Available, Cable
Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
Other Equipment: Internet Access Available, Cable
Basement: Interior, Brick/Mortar, Full, Unfinished
Basement: Full, Unfinished, Brick/Mortar
Patio And Porch Features: Glass Enclosed, Porch, Screened
Has Cooling: No
Heating: Steam
Has Heating: Yes
Flooring: Wood, Tile, Carpet
Interior Features: 1st Floor Bedroom, Shower

Room Information

Laundry

Laundry Room Amenities: Laundry - 1st Floor, Upper Level, Main Level

Multi Family

Multi Family Information

# of 2 BD Units: 1
# of 4+ BD Units: 1

Number Of Units Total: 2

Income & Expenses

Gross Income: $60,600.00
Operating Expense: $9,780.00

Unit Information

Unit 1

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: No
Level: First
Security Deposit: No
Actual Rent: $2,450.00
Beds Total: 2
Rooms Total: 6

Unit 2

Num Full Baths: 1
Num Half Baths: 1

Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: Yes
Level: Second
Security Deposit: Yes
Actual Rent: $2,650.00
Beds Total: 4
Rooms Total: 7

Rental

Rent Information

Land Lease: No
Pets Allowed: No Restrictions

Tenant Information

Occupant Type: Yes

Property History for 112 Elm Street

Date	Event & Source	Price	Appreciation
May 30, 2025	Sold (Public Record) Public Record #1558968994	$674,000	—
May 30, 2025	Sold Maine Listings #1617962	$674,000	—
Apr 2, 2025	Listed (Active) Maine Listings #1617962	$619,900	—
May 24, 2021	Sold Maine Listings #1487803	$450,000	—
Apr 19, 2021	Pending Maine Listings #1487803		—
Apr 15, 2021	Listed (Active) Maine Listings #1487803	$385,000	—
May 4, 2019	Sold Maine Listings #1406851	$316,000	—
Apr 1, 2019	Pending Maine Listings #1406851		—
Mar 14, 2019	Listed (Active) Maine Listings #1406851	$319,900	—
Nov 14, 2016	Sold Maine Listings #1270288	$228,900	—
Aug 26, 2016	Pending Maine Listings #1270288		—
Jun 16, 2016	Listed (Active) Maine Listings #1270288	$249,900	—
Sep 30, 2015	Sold Maine Listings #1217005	$95,000	—
Aug 31, 2015	Pending Maine Listings #1217005		—
May 15, 2015	Listed (Active) Maine Listings #1217005	$135,000	—
Apr 27, 2006	Sold Maine Listings #784781	$244,500	—
Apr 3, 2006	Pending Maine Listings #784781		—
Mar 30, 2006	Active Under Contract Maine Listings #784781		—
Mar 12, 2006	Expired Maine Listings #765473	$245,900	—
Mar 9, 2006	Listed (Active) Maine Listings #784781	$239,900	—
Sep 12, 2005	Listed (Active) Maine Listings #765473	$259,900	—

Date	Event & Source	Price
05/30/2025	Sold (Public Record) Public Record #1558968994	$674,000
05/30/2025	Sold Maine Listings #1617962	$674,000
04/02/2025	Listed (Active) Maine Listings #1617962	$619,900
05/24/2021	Sold Maine Listings #1487803	$450,000
04/19/2021	Pending Maine Listings #1487803	—
04/15/2021	Listed (Active) Maine Listings #1487803	$385,000
05/04/2019	Sold Maine Listings #1406851	$316,000
04/01/2019	Pending Maine Listings #1406851	—
03/14/2019	Listed (Active) Maine Listings #1406851	$319,900
11/14/2016	Sold Maine Listings #1270288	$228,900
08/26/2016	Pending Maine Listings #1270288	—
06/16/2016	Listed (Active) Maine Listings #1270288	$249,900
09/30/2015	Sold Maine Listings #1217005	$95,000
08/31/2015	Pending Maine Listings #1217005	—
05/15/2015	Listed (Active) Maine Listings #1217005	$135,000
04/27/2006	Sold Maine Listings #784781	$244,500
04/03/2006	Pending Maine Listings #784781	—
03/30/2006	Active Under Contract Maine Listings #784781	—
03/12/2006	Expired Maine Listings #765473	$245,900
03/09/2006	Listed (Active) Maine Listings #784781	$239,900
09/12/2005	Listed (Active) Maine Listings #765473	$259,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 112 Elm Street

Taxable Value

Land

$92,500

Additions

$241,500

Total$334,000

Tax Record

2025

$4,743 ($395 / month)

Home Facts

Baths

2.5

Total Finished SqFt

2,389 SqFt

Above Grade Finished SqFt

2,389 SqFt

Unfinished Basement SqFt

1,096 SqFt

Stories

Lot Size

5,227 SqFt

Style

Duplex

Year Built

1867

Year Renovated

1867

Zoning

HDR

County

YORK

APN

SACO M:039 L:023 U:000-000

Schools near 112 Elm Street

This home is within Saco Public Schools.


Rating	School	Type	Grades	Distance
6/10	C K Burns School	Public - Serves this home	3 to 5	0.2 mi
7/10	Saco Middle School	Public - Serves this home	6 to 8	2.0 mi
NR	Governor John Fairfield School	Public - Nearby school	K to 2	0.3 mi
NR	Young School	Public - Nearby school	K to 2	0.9 mi
NR	Notre Dame De Lourdes School	Private - Nearby school	PK to 8	0.3 mi
NR	Thornton Academy	Private - Nearby school	6 to 12	0.5 mi


Rating	School	Distance
6/10	C K Burns School Public3 to 5 Serves this home	0.2 mi
7/10	Saco Middle School Public6 to 8 Serves this home	2.0 mi
NR	Governor John Fairfield School PublicK to 2 Nearby school	0.3 mi
NR	Young School PublicK to 2 Nearby school	0.9 mi
NR	Notre Dame De Lourdes School PrivatePK to 8 Nearby school	0.3 mi
NR	Thornton Academy Private6 to 12 Nearby school	0.5 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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