162 Beach Street, #1-7, 9-11

Saco, ME 04072

MLS ID# 1537538 Canceled

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$2,100,000

1540 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details

Description

An 11 unit condominium project that was built in 1989. One unit (#8) was sold out in 1990. The Seller has retained the remaining 10 units. Sale is subject to the Seller identifying a like kind property for a 1031 EXCHANGE. The Gables Condominium is set up. The Seller has been paying the entire maintenance expenses for all 11 units. This can be switched over to the association under a new owner. Rents shown are projected rents $1,650 per month not the actual rents that are on the last annual income statement. An 11 unit condominium project that was built in 1989. One unit (#8) was sold out in 1990. The Seller has retained the remaining 10 units. Sale is subject to the Seller identifying a like kind property for a 1031 EXCHANGE. The Gables Condominium is ... show more

Location Information

• Street # 162
• Street Name Beach
• Street Type Street
• Unit # 1-7, 9-11
• County York
• Town Saco
• State/Province ME
• Zip Code 04072
• Leased Land No
• Book 5034
• Page 38
• Map 34
• Block 243
• Lot 1 thru 7 & 9-11
• Zoning HDR High Density Res
• Zoning Overlay No
• Tax ID R0973R thru R0979R & R0981R thru R0983R
• Association Yes
• Association Fee 0
• Fee Frequency Paid Monthly
• School District Saco Public Schools
• Full Tax Amount 30736
• Tax Year 2022

Property Information

• Surveyed Yes
• Seasonal No
• Owner Occupied No
• Short Sale Continue to Show No
• Deed/Conveyance Type Offered Warranty
• Deed All
• Deed Restrictions Yes
• Bank Owned REO No
• 2 Detached Houses on 1 Lot No
• Number of Units 10
• Total Baths 10
• Total Full Baths 10
• Total Half Baths 0
• Color Tan
• Year Built 1989
• SqFt Finished Above Grade 1040
• SqFt Finished Below Grade 500
• SqFt Finished Total 1540
• SqFt Source Public Records
• Garage No
• Lot Size Acres +/- 1.04
• Source of Acreage Public Records
• Road Frontage Yes
• Road Frontage +/- 150
• Source of Road Frontage Public Records

Compensation & Misc Info

• Buyer Agency 2%

Directions

From Main Street, Saco Take Rt 9 Beach Street to the east one mile on left to 162 Beach Street

Details

• Site

  Level, Sidewalks

• Roads

  Association, Paved, Private

• Transportation

  Public Transport Access

• Water Info

  No Water Frontage, No Water View

• Building Info

  # Stories:2, # Floors:2, # Heating Units:10

• Income & Expenses

  Gross Income:198000, Operating Expenses:46687

• Units

  # of 1 BD Units:0, # of 2 BD Units:10, # of 3 BD Units:0, # of 4+ BD Units:0

• Unit 1

  Lease, Level:Second, Security Deposit, Monthly Rent:1650, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  Lease, Level:Second, Security Deposit, Monthly Rent:1650, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 3

  Lease, Level:Second, Security Deposit, Monthly Rent:1650, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 4

  Lease, Level:Second, Security Deposit, Monthly Rent:1650, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 5

  Lease, Level:Second, Security Deposit, Monthly Rent:1650, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 6

  Lease, Level:Second, Security Deposit, Monthly Rent:1650, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 7

  Lease, Level:Second, Security Deposit, Monthly Rent:1650, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 8

  Lease, Level:Second, Security Deposit, Monthly Rent:1650, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 9

  Lease, Level:Second, Security Deposit, Monthly Rent:1650, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 10

  Lease, Level:Second, Security Deposit, Monthly Rent:1650, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Style

  Townhouse

• Construction

  Wood Frame

• Basement

  Brick/Mortar, Full, Unfinished

• 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

• Driveway

  Common, Paved

• Parking

  11 - 20 Spaces, On Site, Paved

• Vehicle Storage

  2 Car

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public