7 Garfield St

Beds
2,314 Sq. Ft.
$285 / Sq. Ft.
2,314
Sq. Ft.
$285
per Sq. Ft.

Description

This is the kind of property for both today's income and tomorrow's potential... and those are getting harder to find. Beyond the existing income, the real upside is in the zoning. The property allows for up to 6 total units, and prior engineering and planning board approval in 2022 supports additional development potential. Buyer to verify current status with the town, approval expired 2/18/24. Set on a .75 acre lot in a convenient Saco location, this two unit property delivers immediate cash flow,...This is the kind of property for both today's income and tomorrow's potential... and those are getting harder to find. Beyond the existing income, the real upside is in the zoning. The property allows for up to 6 total units, and prior engineering and planning board approval in 2022 supports additional development potential. Buyer to verify current status with the town, approval expired 2/18/24. Set on a .75 acre lot in a convenient Saco location, this two unit property delivers immediate cash flow, flexibility, and future upside. Unit 1 spans 1,800 sqft with a 3 to 4 bedroom layout and 2 full baths, currently occupied by a long term tenant paying 2,200 per month. The layout includes first floor living with additional space upstairs, creating a setup that is both functional and highly livable. Unit 2 is 600 sqft and has been fully renovated within the past year with a new kitchen, bathroom, flooring, and in unit washer and dryer. Previously rented at 1,450 per month, it is now vacant and ready for immediate occupancy or rental. The property also includes a full basement for major systems, a paved driveway, and ample parking. Located just minutes from downtown Saco, local restaurants, shopping, and the Maine coastline including Ferry Beach and Camp Ellis, with easy access to Route 1 and I 95 for commuting to Portland and surrounding areas. A property that works on multiple levels, from immediate income to long term development potential in a market where demand continues to grow.
  1. Listed by Bailey Pate • Maine Real Estate Co
    P: (207)-229-5449 C: (207)-229-5449 bailey@merealestateco.com

Property Details for 7 Garfield Street

Architectural Style
New Englander
Furnished
Unfurnished
Style
New Englander
Has Waterfront
No
Waterfront Features
Nearby, Public
Zoning
R-2
LISTING UPDATED: 06/10/2026 04:38 PM

Property Details for 7 Garfield Street

StatusActive
MLS #1660328
Days on Market56
Taxes$5,552 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1925
Lot Size0.75 AC / 32,670 SF
CountyYork County

Location

Listing Courtesy of Maine Real Estate Co
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Building Information for 7 Garfield Street

Stories2Residences2Year Built1925Building Size-Lot Size0.75 AC / 32,670 SF

Payment Calculator

$3,747 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,284

Property Taxes

$463

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7 Garfield Street

Summary
Location and General Information
  • Page: 160
  • Latitude: 43.510568
  • Longitude: -$70.46
  • Island: No
Taxes and HOA
  • Association: No
  • Parcel Number: SACO-000067-000021
  • Tax Lot: 021
  • Tax Book Number: 10657
  • Tax Map Number: 067
  • Tax Year: 2026
  • Tax Annual Amount: $5,552.20
Parking
  • Parking: 1 - 4 Spaces, 5 - 10 Spaces, On Site, Paved, Off Street
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Interior Lot, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Near Railroad, Level, Open Lot, Sidewalks
  • Lot Size Acres: 0.75
  • Lot Size Area: 0.75
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 32670.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Open, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 2314.0
  • Building Area Total: 2314.0
  • Construction: Wood Frame
  • Structure Type: Duplex
  • Year Built: 1925
Building Features
  • Levels: Multi-Level
  • Foundation Details: Block, Brick/Mortar
  • Foundation Materials: Block, Brick/Mortar
  • Other Structures: Shed(s)
  • Color: White
  • Stories: 2
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $284.79
Utilities
  • Electric: On Site, Circuit Breakers
  • Gas: Bottled
  • Recreational Water: Nearby, Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding, Wood Siding
  • Roof: Shingle
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Laundry Features: Main Level, Washer Hookup
  • Other Equipment: Cable, Internet Access Available
  • Basement: Bulkhead, Interior Entry, Full, Unfinished
  • Has Fireplace: No
  • Has Cooling: No
  • Has Heating: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Features: 1st Floor Bedroom, Bathtub, Other, Shower, Storage, Primary Bedroom w/Bath
Multi Family
Multi Family Information
  • # of 3 BD Units: 1
  • Number Of Units Total: 2
Unit Information
Unit 1
  • Number of Full Baths: 2
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $2,200.00
  • Beds Total: 3
  • Rooms Total: 7
Unit 2
  • Number of Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: No
  • Actual Rent: $1,450.00
  • Beds Total: 1
  • Rooms Total: 3
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 7 Garfield Street

DateEvent & SourcePriceAppreciation
Jun 9, 2026

Price Change

Maine Listings #1660328

$659,000
May 2, 2026

Listed (Active)

Maine Listings #1660328

$699,000
Oct 1, 2024

Expired

Maine Listings #1575683

$625,000
DateEvent & SourcePrice
06/09/2026

Price Change

Maine Listings #1660328

$659,000
05/02/2026

Listed (Active)

Maine Listings #1660328

$699,000
10/01/2024

Expired

Maine Listings #1575683

$625,000

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

Public Records for 7 Garfield Street

Taxable ValueLand$145,400Additions$252,700Total$398,100
Tax Record2025$5,653 ($471 / month)
Home Facts
Baths2.5Total Finished SqFt2,314 SqFtAbove Grade Finished SqFt2,314 SqFtUnfinished Basement SqFt342 SqFtStories2Lot Size32,670 SqFtStyleDuplexYear Built1925ZoningMDRCountyYORKAPNSACO M:067 L:021 U:000-000

Schools near 7 Garfield Street

This home is within Saco Public Schools.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
C K Burns School
Public3 to 5

Saco Middle School
Public6 to 8

Saco Transition Program
Public9 to 12

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.

Similar Homes

7 Garfield Street is a multi-family home for sale in Saco, ME 04072. This property was listed for sale on May 2, 2026 by Maine Real Estate Co, it's currently listed at $659,000. This listing's school district is Saco Public Schools. Nearby schools include C K Burns School, Saco Middle School and Saco Transition Program. 7 Garfield Street is a 0-bed, 3-bath, 2,314 sqft multi-family home built in 1925.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Maine Real Estate Co

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.