162 Beach Street 1, Saco, ME 04072

$2,075,000
Property Type: Multi-Family Baths: 10 Square Footage: 1,540 Lot Size (sq. ft.): 45,302 Status: Closed
Current Price: $2,075,000 List Date: 1/04/2024 Last Modified: 1/17/2025

Overview

Description

10 Units of an 11-unit Condominium project that was built in 1989. One unit out sale in 1991, these are the 10 remaining. Condominium Declaration and By Laws recorded in 1989. Seller/owner of 10 units has been paying all fees. Association bookkeeping etc. can be set up under new owner. Yearly income 153,600 with 100% occupancy. Currently units 6 and 7 vacant.

Listing Details MLS# 1579866

Location Information

Street #
162
Street Name
Beach
Street Type
Street
Unit #
Yes
County
York
Town
Saco
State/Province
ME
Zip Code
04072
Zip +4
2865
Leased Land
No
Book
5034
Page
38
Map
32
Lot
243
Zoning
HDR-High Density Res
Zoning Overlay
No
Neighborhood Association
Condominium Association
Association
Yes
Fee Frequency Paid
Monthly
School District
Saco Public Schools
Full Tax Amount $
3210
Tax Year
2022
Association Fee
0

Contract Information

Original List Price
2100000

Property Information

Surveyed
Yes
Seasonal
No
Owner Occupied
No
Deed/Conveyance Type Offered
Warranty
Deed
Partial
Deed Restrictions
Yes
Bank Owned REO
No
2 Detached Houses on 1 Lot
No
Number of Units
10
Total Baths
10
Total Full Baths
10
Color
Tan
Year Built
1989
SqFt Finished Above Grade
1040
SqFt Finished Below Grade
500
SqFt Finished Total
1540
SqFt Source
Public Records
Other Source of Square Footage
Recordedd Building Plot Plan for Condominium
Garage
No
Lot Size Acres +/-
1.04
Source of Acreage
Survey
Acreage Other Source
Public Records
Road Frontage
Yes
Road Frontage +/-
150
Source of Road Frontage
Survey
Road Front Other Source
Public Records
Total Half Baths
0
Garage Spaces
0

Status Change Info

Pending Date
2024-01-04
Closed Date
2024-03-01
Closed Price
2075000

Water Info

Water Frontage
No
Water View
No

Building Info

# Heating Units
10

More Information

Units

# of 2 BD Units
10

Fixtures Exclusions

Fixtures Exclusions
10 dishwashers, 10 refirg, 9 elect stove

Unit 1

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1200
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 2

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1200
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1200
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1200
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Water
Yes
Sewer
Yes

Unit 5

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1200
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 6

Lease
No
Level
First
Security Deposit
No
Monthly Rent
1500
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
No
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 7

Lease
No
Level
First
Security Deposit
No
Monthly Rent
1500
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 8

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1400
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 9

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1200
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 10

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1200
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Utilities

Utilities On
Yes

Sold Info

Appraiser Email Address
Jonathan.Mace@cushwake.com; Mclane.Hill@cushwake.c

Site

Sidewalks
Yes

Location

Intown
Yes
Near Golf Course
Yes
Near Turnpike/Interstate
Yes

Roads

Association
Yes
Paved
Yes
Public
Yes

Style

Other
Yes

Construction

Wood Frame
Yes

Structure Type

Townhouse
Yes

Basement

Full
Yes
Slab
Yes

Exterior

Vinyl Siding
Yes

Roof

Shingle
Yes

Heat System

Baseboard
Yes
Hot Water
Yes

Heat Fuel

Oil
Yes

Income & Expenses

Gross Income
153600
Operating Expenses
49000

Cooling

None
Yes

Floors

Carpet
Yes
Vinyl
Yes

Accessibilitiy Amenities

32 - 36 Inch Doors
Yes

Parking

11 - 20 Spaces
Yes
Off Street
Yes
On Site
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Gas

No Gas
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Common
Yes
Paved
Yes

Basement Entry

Interior
Yes

Water Heater

Off Heating System
Yes

Amenities

Bathtub
Yes
Fence
Yes
Laundry - 2nd Floor
Yes
Shower
Yes

Patio and Porch Features

Deck
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Sidewalks Location: Intown; Near Golf Course; Near Turnpike/Interstate Roads: Association; Paved; Public Style: Other Structure Type: Townhouse Construction: Wood Frame Basement: Full; Slab Basement Entry: Interior Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Carpet; Vinyl Amenities: Bathtub; Fence; Laundry - 2nd Floor; Shower Patio and Porch Features: Deck Driveway: Common; Paved Parking: 11 - 20 Spaces; Off Street; On Site; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public

Documents

IDX
Listing Office: EXP Realty
Selling Office: Coldwell Banker Realty
Last Updated: January - 17 - 2025
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. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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