This special farmhouse property includes three separate units. The spacious first floor three bedroom lies in the original farm house giving tenants a chance to escape from the usual apartment living. They will experience a sunny, quiet space with high ceilings and original woodwork mixed with a clean modern feel and access to a glassed-in porch and garden space outdoors. There are two other apartments to complete the premise. The second floor two bedroom apartment and the one bedroom attached to the garage have both been completely remodeled recently with new kitchens, appliances, flooring, bathroom and 2nd floor laundry area. Each of these clean and private units are quiet, have quaint decks and access to large storage areas. The property is on a one acre parcel that sits up off the road with a stone support wall and majestic maple trees with rhododendrons adding a bit of old-timey nuance to the place. The majority of the acreage is in the back of the building, away from the road, giving added privacy and safety for family and pets while playing outside. Saco is an amazing town with many attributes of a small city for convenience and culture while encompassing its natural rivers and beaches. The schools are close by and are well known such as Thornton Academy, a private/public high school attracting students from all over the world. You will find the house in a lovely neighborhood with daffodils lining the Saco River only 8 houses down the street, great for long walks on family-safe sidewalks. One can take a short bike ride to enjoy miles of sandy beaches and the quaint downtown area of Saco where there are plenty of shops, restaurants, and the Downeaster Train Station for easy access to Portland and Boston. Portland is only a 20 minute drive on the highway with quick access to off/on ramp only 2 miles away from this home. I am selling this property for 415,000$ based on today's comps, not the older comps that Zillow has listed for the on-line Zillow-Estimate. Mortgage: @$1800$/mos Taxes: $400$/mos Heat: $300$/mos other operating costs: $200$/mos TOTAL OPERATING COSTS: $2400 Rents (under market value at this time): $1600, $900, $800: TOTAL INCOME: $3300/mos (and more when renting at appropriate market valued rents). Please note: more photos to be added soon
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