Multifamily For Sale

$464,000

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86 Lincoln Street

  • – beds
  • – baths
  • 2,622 sqft
  • 11,326 sqft lot
  • $176 per sqft
  • 2000 build
  • on site

Rare find in Saco, a newer built duplex that's in very good condition. Both units are similar layouts around 1311 sqft. Very unique location with the property having frontage along the Saco River. Zoned R3 allowing certain types of commercial business. Currently set up as 2 residential units. New back deck off Unit 2 boasting lots of room to enjoy the outdoors and views of the water. Bring your kayak and other water toys. What a great feature to have in your backyard for yourself or tenants. Higher rents because of that. Adding on to existing structure to build another unit is possible with it being attached to current structure, with town of Saco and Corridor approval. Garage structure able to be built with non living space over it. Great for an office or small boutique. Easy access to the revitalized area of Saco/Biddeford. HWY 95 is a short 5 minute drive to be headed south or north. Perfect set up for owner occupied and a tenant in other unit. Rental can pay for most or all the properties expense. Investors you'd be in good shape with this one. Get a complex that's set up for premium rents with the location, condition, and layout. Also listed as a multi family under MLS 1480473

MREIS logo Listing courtesy of MREIS / EXP Realty, LLC

Last checked: Checking… • Last updated Feb 23, 2021 • Source: MREIS

MLS# 1478974 —

Amenities & Taxes

The Building

Year Built:
2000
Construction:
Wood Frame
SqFt Finished Total:
2622.00
Roof:
Shingle
Style:
Duplex
Exterior:
Vinyl Siding
SqFt Source:
Public Records
SqFt Finished Above Grade:
2622.00
Foundation Materials:
Poured Concrete
Basement:
Crawl Space, Unfinished

Interior

Floors:
Carpet, Tile, Vinyl

Location

Street Type:
Street

The Property

Property Type:
C
Zoning:
R3
Zoning Overlay:
Unknown
Site:
Level
Location:
Intown, Near Railroad, Near Shopping, Near Turnpike/Interstate
Surveyed:
Unknown
Lot Size Acres +/-:
0.26

Listing Agent

Contact info:

Taxes

Full Tax Amount:
4579.00
Tax Year:
2019

Heating & Cooling

Heat System:
Baseboard, Hot Water, Multi-Zones
Heat Fuel:
Propane
Cooling:
None

Utilities

Water:
Public
Electric:
Circuit Breakers
Gas:
Bottled, Underground
Sewer:
Public Sewer

The Community

Amenities:
1st Floor Bedroom, Porch
Accessibilitiy Amenities:
32 - 36 Inch Doors
Recreational Water:
River/Brook/Stream
Water Body Type:
River
Water Info: Water View:
Yes
Water Info: Water Frontage:
Yes
Water Info: Water Body Name:
Saco River
Water Info: Water Front Amount +:
55.00
Water Info: Water Frontage Owned:
55.00

Parking

Parking:
5 - 10 Spaces
Vehicle Storage:
No Vehicle Storage
Driveway:
Paved
Roads:
Public

Schools

Rating Details
N/A

Thornton Academy

  • Public
  • K-K
  • 0.8 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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Sale history

Date Event Source Price % Change
2/21/21
Price Changed MREIS $464,000 -2.3%
2/16/21
Relisted MREIS $475,000
2/10/21
Pending MREIS $475,000

Finding records…

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