Sold
Last Sold Price
1,777 sqft$276/sqft
23 Union St, Saco, ME 04072
Multi FamilyProperty Type
0.25 acresLot Size
1840Year Built
$276/sq ftPrice per sq ft

Description

Investment Opportunity: Mixed-Use Two-Unit Property. This well-located two-unit building offers a unique investment opportunity with a fully operational daycare permitted by the town. The property features:
• Residential Units: A spacious three-bedroom, 1.5-bath unit above, and a cozy 1-bedroom, 1-bath unit side by side. The property features:
• Residential Units: A spacious three-bedroom, 1.5-bath unit above, and a cozy 1-bedroom, 1-bath unit side by side • Prime Location: Just a short stroll to Thornton
...Investment Opportunity: Mixed-Use Two-Unit Property. This well-located two-unit building offers a unique investment opportunity with a fully operational daycare permitted by the town. The property features:
• Residential Units: A spacious three-bedroom, 1.5-bath unit above, and a cozy 1-bedroom, 1-bath unit side by side. The property features:
• Residential Units: A spacious three-bedroom, 1.5-bath unit above, and a cozy 1-bedroom, 1-bath unit side by side • Prime Location: Just a short stroll to Thornton Academy and nearby shopping centers, plus only minutes from local beaches and easy access to I-95. • Prime Location: Just a short stroll to Thornton Academy and nearby shopping centers, plus only minutes from local beaches and easy access to I-95 • Recent Renovations: The building was converted from a single-family home in 2022, with significant upgrades including new plumbing, electrical systems, roof, siding, and decks. • Recent Renovations: The building was converted from a single-family home in 2022, with significant upgrades including new plumbing, electrical systems, roof, siding, and decks • Convenient Backyard: The fully enclosed backyard is perfect for the daycare, providing a safe outdoor space for children. • Convenient Backyard: The fully enclosed backyard is perfect for the daycare, providing a safe outdoor space for children • Tenancy: Current tenants are on a month-to-month lease and are open to signing a new annual lease. Please note that showings are blocked on weekends due to daycare operations. Don't miss out on this desirable mixed-use property that combines residential living with a thriving business opportunity!
  • Listed by: Jonathan Safford 207.590.6026 jonsafford@masiello.com • Better Homes & Gardens Real Estate/The Masiello Group
Listing closed: 02/07/2025 12:00 AM • Source: Maine Listings, MLS#: 1606956

Recent comparable sales

Median sold price

$545,000

Avg days on market

7

Sale-to-list ratio

103.7%

Saco, ME

9 comparable properties found

$545,000 | 25 Bradley Street, Saco, ME 04072
1/20
1

$545,000

Sold 05/23/25

Unavailable
Bedrooms
1,934
Square Feet
0.2
Acres
$520,000 | 12 Stockman Avenue, Saco, ME 04072
1/71
2

$520,000

Sold 11/12/24

Unavailable
Bedrooms
1,962
Square Feet
0.23
Acres
$545,000 | 3 Industrial Park Road, Saco, ME 04072
1/56
3

$545,000

Sold 11/14/25

Unavailable
Bedrooms
1,960
Square Feet
0.21
Acres
$510,000 | 6 Garfield Street, Saco, ME 04072
1/43
4

$510,000

Sold 02/20/26

Unavailable
Bedrooms
1,851
Square Feet
0.33
Acres
$410,000 | 143 Pleasant Street, Saco, ME 04072
1/31
5

$410,000

Sold 12/10/25

Unavailable
Bedrooms
2,024
Square Feet
0.14
Acres
$585,500 | 178 Bradley Street, Saco, ME 04072
1/52
6

$585,500

Sold 06/13/25

Unavailable
Bedrooms
2,000
Square Feet
0.25
Acres
$556,000 | 132 Beach Street, Saco, ME 04072
1/64
7

$556,000

Sold 11/06/24

Unavailable
Bedrooms
2,060
Square Feet
0.17
Acres
$599,000 | 54 Storer Street, Saco, ME 04072
1/26
8

$599,000

Sold 10/10/24

Unavailable
Bedrooms
2,016
Square Feet
0.12
Acres
$497,000 | 5 Buxton Road, Saco, ME 04072
1/43
9

$497,000

Sold 06/26/26

Unavailable
Bedrooms
1,792
Square Feet
2.25
Acres

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Sold By Maine Real Estate Co

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Payment Calculator

$2,897 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,491

Property Taxes

$406

HOA Dues

$0

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Property Information for 23 Union Street

Property Details
  • Taxes: $4,875 / year
  • MLS Type: Multi-Family
  • County: York County
  • Architectural Style: Farmhouse
  • Style: Farmhouse
  • Has Waterfront: No
  • Zoning: MDR
Building Information
  • Residences: 2
  • Year Built: 1840
  • Lot Size: 0.25 AC / 10,890 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Page: 19133
  • Directions: GPS Friendly to 23 Union St, Saco
  • Latitude: 43.503053
  • Longitude: -$70.44
Taxes and HOA
  • Association: No
  • Parcel Number: SACO-000039-000221
  • Tax Lot: 221
  • Tax Book Number: 913
  • Tax Map Number: 39
  • Tax Year: 2023
  • Tax Annual Amount: $4,875.00
Parking
  • Parking Features: Paved, 1 - 4 Spaces, On Street
  • Parking: 1 - 4 Spaces, Paved, On Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Sidewalks
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 1777.0
  • Building Area Total: 1777.0
  • Property Type: Multi-Family
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Year Built: 1840
Building Features
  • Foundation Details: Stone, Granite
  • Foundation Materials: Stone, Granite
  • Construction Materials: Wood Frame, Vinyl Siding
Financial Information
  • List Price/SqFt: $287.00
  • Property Repairs Y/N: No
Utilities
  • Heat Fuel: K-1/Kerosene, Propane
  • # Heating Units: 3
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Driveway: Paved
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 3
  • Basement: Interior Entry, Sump Pump, Unfinished
  • Basement: Sump Pump, Unfinished
  • Has Cooling: No
  • Heating: K-1/Kerosene, Propane, Baseboard, Direct Vent Heater, Hot Water
  • Has Heating: Yes
  • Flooring: Laminate, Vinyl
Multi Family
Multi Family Information
  • # of 1 BD Units: 1
  • # of 3 BD Units: 1
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $46,800.00
  • Operating Expense: $8,913.00
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions

Property History for 23 Union Street

DateEvent & SourcePriceAppreciation
Feb 7, 2025

Sold (Public Record)

Public Record #1550794246

$490,000

+43.5% / yr

Feb 7, 2025

Sold

Maine Listings #1606956

$490,000
Oct 16, 2024

Listed (Active)

Maine Listings #1606956

$525,000
DateEvent & SourcePrice
02/07/2025

Sold (Public Record)

Public Record #1550794246

$490,000

+43.5% / yr

02/07/2025

Sold

Maine Listings #1606956

$490,000
10/16/2024

Listed (Active)

Maine Listings #1606956

$525,000

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

Public Records for 23 Union Street

Taxable ValueLand$181,900Additions$224,600Total$406,500
Tax Record2025$5,772 ($481 / month)
Home Facts
Baths2Total Finished SqFt1,883 SqFtAbove Grade Finished SqFt1,883 SqFtUnfinished Basement SqFt1,352 SqFtStories2Lot Size10,890 SqFtStyleSchoolYear Built1840Year Renovated1840ZoningMDRCountyYORKAPNSACO M:039 L:221 U:000-000

Schools near 23 Union Street

This home is within Saco Public Schools.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - K to 2
Public - K to 2
Rating
School
Distance
C K Burns School
Public3 to 5

Saco Middle School
Public6 to 8

Governor John Fairfield School
PublicK to 2

Young School
PublicK to 2

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 23 Union Street, Saco, ME 04072
$490,000
1,777
10,890
$140,000
3
1,332
6,969
$135,000
3
1,856
5,662
$241,000
4
1,934
9,583
$329,900
3
1,455
17,859
$235,000
14,810

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.