Penny Wood - HK Realty Logo
$1,550,000
 $8,321 est/mo Sourced by Back At You

91 Bradley Street,Saco, ME 04072

Saco, ME 04072

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Description

Rare opportunity to acquire a well-maintained, stabilized six-unit multifamily investment in one of Saco's most desirable rental markets. This fully occupied property offers a 7.40% in-place cap rate, $114,680 NOI, and long-term tenants providing immediate, reliable cash flow. Family-owned since 1970, this low-maintenance asset has been extensively updated with significant capital improvements, including updated electrical and plumbing, newer insulation, energy-efficient windows, spray-foamed basement areas, updated boiler, and renovated unit interiors. Each unit features modern kitchens with granite countertops, stainless steel appliances, in-unit laundry, solid wood doors, and LED/recessed lighting. The oversized lot provides parking for 13 vehicles, private or shared outdoor space for each unit, owner-accessed garage and storage, a timber-framed trash shed, and a large backyard. A 2021 property survey and anticipated July 2027 zoning revisions may provide future expansion potential, subject to municipal approvals. Conveniently located near downtown Saco, Portland, beaches, the Maine Turnpike, Amtrak, UNE, and USM, this is a rare opportunity to acquire a strong-performing multifamily asset with immediate income, minimal deferred maintenance, and long-term upside potential. Seller just had front portion of the building's roof redone, so all three sections of the roof have been updated over the course of ownership.

Details

MLS #1669203
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1892
Days On Site117
Listing Provided ByMeservier & Associates | Keeley Mann

Features

Bath(s) 7 Total
SQ Feet6,321
BasementY
Units6
ZoningMed Den Residential
Acreage0.79

Interior

Heating Yes / NoYes
Cooling Yes / NoNo
CoolingNone

Exterior

RoofShingle
Foundation DetailsStone, Granite
Lot FeaturesIntown, Near Shopping, Neighborhood, Level, Open Lot, Sidewalks, Wooded
Construction MaterialsWood Frame, Vinyl Siding
Patio And Porch FeaturesPorch

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesPaved, 11 - 20 Spaces, Off Street

Utilities

SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount15563.2
Tax Book Number17371
Tax Year2025
Tax Lot080
Tax Map Number052

Area Information

StateME
CountyYork
CitySaco
Zip Code04072
AreaYork
Listing VS Median (in 04072)
Price:
$1,550,000
low | high
Med:
$560,000
100% of Average
sqft:
6,321
low | high
Med:
1,508
100% of Average
$ / sqft:
$245
low | high
Med:
$377
3.550244057725% of Average
On site:
117
low | high
Med:
79
100% of Average
Sourced by Back At You

Market Activity 04072

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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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

Penny Wood

Penny Wood

HK Realty

051694 (603) 944-2857penny.wood@h-krealty.com
StateME
CountyYork
CitySaco
Zip Code04072
AreaYork
Listing VS Median (in 04072)
Price:
$1,550,000
low | high
Med:
$560,000
100% of Average
sqft:
6,321
low | high
Med:
1,508
100% of Average
$ / sqft:
$245
low | high
Med:
$377
3.550244057725% of Average
On site:
117
low | high
Med:
79
100% of Average
Sourced by Back At You
Listing Updated: October 10, 2026 at 4:18:35 PM PDT

Penny Wood - HK Realty