Ad #7663801
MLS #1660328
This is the kind of property for both today's income and
7 Garfield St, Saco, ME 04072
$620,000
--Beds
3Baths
2,314Sqft
0.75Acres
About this property
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.
Property Features
0 Beds
3 Baths
2,314 Sqft
Built in 1925
0.75 Acres
2 Stories
Off Street
Siding: Wood Frame, Vinyl Siding, Wood Siding
Shingle Roof
Baseboard, Oil, Zoned, Hot Water(Heating), Natural Gas, Propane (Heating)
$5,552 / yr property tax
York County
Additional Photos
Contact Information
Bailey Pate
Maine Real Estate Co
207-229-5449
Location
Listing Agent: Bailey Pate 207-229-5449
Broker: Maine Real Estate Co 207-229-5449 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Maine Real Estate Co 207-229-5449 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$620,000
--
Beds
3
Baths
2,314
Sqft
7 Garfield St, Saco, ME 04072
By contacting this agent you agree to these Terms and Conditions.
MLS# 1660328
This is the kind of property for both today's income and
$620,000
7 Garfield St, Saco, ME 04072
--
Beds
3
Baths
2,314
Sqft
0.75
Acres
$620,000
7 Garfield St, Saco, ME 04072
-- Beds
3 Baths
2,314 Sqft
0.75 Acres
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.
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Property Details
HOME DETAILS
0 Beds
3 Baths
2,314 Sqft
Built in 1925
0.75 Acres
2 Stories
EXTERIOR
Off Street
Siding: Wood Frame, Vinyl Siding, Wood Siding
Shingle Roof
INTERIOR
Baseboard, Oil, Zoned, Hot Water(Heating), Natural Gas, Propane (Heating)
FINANCIAL & COMMUNITY
$5,552 / yr property tax
York County
See More Details
Location
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Ad Statistics
Ad Number
7663801
Viewed
88 times
Listing Status
Active
Added
May 02, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Maine Listings
Source Property ID
1660328
Listing Agent: Bailey Pate 207-229-5449
Broker: Maine Real Estate Co 207-229-5449 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Maine Real Estate Co 207-229-5449 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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