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$561,000
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Property Description
Charming 3-Unit Building in Saco, Maine Located in a highly sought-after neighborhood, this 3-unit building offers a perfect blend of comfort, convenience, and location. Whether you're an investor looking for a prime rental property or someone seeking to live in one unit and rent the others, this property has great potential . You'll enjoy a peaceful setting with easy access to everything you need. Close to Beaches: Just a 10-minute drive to the stunning beaches of Southern Maine, perfect for summer relaxation or year-round coastal enjoyment.Proximity to Golf Courses: Located near several top-rated golf courses, providing a great opportunity for golf enthusiasts to enjoy their favorite pastime.Easy Access to Major Highways: With quick access to the Maine Turnpike (I-95), commuting to Portland, Boston, or other parts of New England is a breeze.Spacious Units: The building features three comfortable units, each with ample living space, natural light, and a welcoming atmosphere. This is a Great Investment Opportunity: Whether you're interested in long-term rental income or owner-occupancy with rental income from the other units, this property is a fantastic investment. This property offers the best of both worlds: a peaceful neighborhood setting with easy access to the vibrant Maine coast, golf courses, and major routes. Don't miss out on the chance to own a piece of this growing and desirable area. No showings until after the Open House on Saturday December 14th 12:00 noon - 2:00 p.m.
Full Property Details
Full Property Details for 5 Wakefield Ave
General
- Sold For: $561,000
- Taxes: $4,613 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1611101
- Added to Site: 478 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage
- Flooring: Wood, Vinyl, Other, Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Other Rooms
- Laundry: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: 5 - 10 Spaces, Gravel, Other
Location
- County: York
Heating & Cooling
- Cooling Type: None
- Heating Type: Multi-Zone, Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Multilevel, New Englander
- Construction: Wood Siding, Vertical Siding, Wood Frame
- Roof: Shingle
- Stories/Levels: 25
- Building Size: 2122
- Square Feet: 2,122
- Living Area: 2,122 Sq. Ft.
- Finished Total: 2,122 Sq. Ft.
- Finished Above Grnd: 2,122 Sq. Ft.
- Year Built: 1850
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Lot Size Source: Public Records
- Zoning: MDR
- Lot Description: Level, Open Lot, Interior Lot, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Financial Considerations
- Tax Amount: $4,613
- Tax Year: 2024
Disclosures and Reports
- Exclusions: all appliances not included with sale
- Lot Number: 127
Listed by Bayley Realty Group (207) 883-9211
Sold by Portside Real Estate Group (207) 536-4222
Get Pre-Approved Today
Schools
Schools serving 5 Wakefield Ave
School District:Saco Public Schools
| Name | Grades | Distance |
|---|---|---|
Governor John Fairfield School 75 Beach Street, Saco, ME 04072 | K-2 | 0.3 mi |
C K Burns School 135 Middle Street, Saco, ME 04072 | 3-5 | 0.4 mi |
Saco Middle School 40 Buxton Road, Saco, ME 04072 | 6-8 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Wakefield Ave
Date
Details
Price
Change
Source
1/24/2025
Sold
$561,000
14.51%
MLS
12/12/2024
Listed
$489,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5 Wakefield Avenue, Saco, ME 04072 (MLS# 1611101) is a Multi-Family property that was sold at $561,000 on January 24, 2025. Want to learn more about 5 Wakefield Avenue? Do you have questions about finding other Multi-Family real estate for sale in Saco? You can browse all Saco real estate or contact a Coldwell Banker agent to request more information.

