162 Beach Street 1, Saco, ME 04072 (MLS# 1579866)

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

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.

Supplements: ********

More Information MLS# 1579866

Location Information

Unit #: 1 Book: 5034 Leased Land: No Page: 38 Map: 32 Lot: 243 Zoning Overlay: No Association: Yes Association Fee: 0 Fee Frequency Paid: Monthly School District: Saco Public Schools Street #: 162 Street Name: Beach Street Type: Street County: York Town: Saco State/Province: ME Zip Code: 04072 Zip +4: 2865 Zoning: HDR-High Density Res Neighborhood Association: Condominium Association Full Tax Amount $: 3210 Tax Year: 2022 Geo Lat: 43.499173 Geo Lon: -70.434222

Property Information

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

Site

Sidewalks: 1

Location

Intown: 1 Near Golf Course: 1 Near Turnpike/Interstate: 1

Roads

Association: 1 Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

Other: 1

Construction

Wood Frame: 1

Structure Type

Townhouse: 1

Basement

Full: 1 Slab: 1

Exterior

Vinyl Siding: 1

Roof

Shingle: 1

Heat System

Baseboard: 1 Hot Water: 1

Building Info

# Heating Units: 10

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 153600 Operating Expenses: 49000

Cooling

None: 1

Floors

Carpet: 1 Vinyl: 1

Accessibilitiy Amenities

32 - 36 Inch Doors: 1

Units

# of 2 BD Units: 10

Parking

11 - 20 Spaces: 1 Off Street: 1 On Site: 1 Paved: 1

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # 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

Electric

Circuit Breakers: 1

Unit 2

Utilities

Utilities On: Yes

Unit 3

Gas

No Gas: 1

Unit 4

Sewer

Public Sewer: 1

Unit 5

Water

Public: 1

Unit 6

Lease: No Level: First Security Deposit: No Monthly Rent: 1500 # Full Baths: 1 # 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: 1 # 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: 1 # 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

Unit 10

Driveway

Common: 1 Paved: 1

Sold Info

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

Basement Entry

Interior: 1

Water Heater

Off Heating System: 1

Amenities

Bathtub: 1 Fence: 1 Laundry - 2nd Floor: 1 Shower: 1

Patio and Porch Features

Deck: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 2100000 Sold Price: $2,075,000 Current Price: $2,075,000

Status Change Info

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

Fixtures Exclusions

Fixtures Exclusions: 10 dishwashers, 10 refirg, 9 elect stove

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

Deed Bk 5034, Pg 38 ›

Property Diclosure ›

Listing Office: EXP Realty

IDX

Last Updated: January - 17 - 2025

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