179 Pleasant Street

Saco, ME 04072

Back on the market due to the lender's failure to do their due diligence and properly qualify the Buyer. At $500,000, the property is now priced significantly less than the recent appraised value, and is now compliant with FHA and other government loan requirements after recent repairs were made at Seller's effort and expense. Classic 2-unit New Englander at the end of a quiet cul-de-sac in downtown Saco. Unit 1 is on the first floor--it was the current owner's unit and is now vacant. It offers a large open concept kitchen and adjoining dining/multipurpose room; living room; two bedrooms; and a full bath with a laundry hookup and washer and dryer that convey with the property. Unit 2 is on levels two and three, and is not encumbered by a lease. This spacious apartment offers a fully-applianced kitchen; laundry room, and washer and dryer that convey with the property; full bath; living room; and two bedrooms on the second floor. Additional living space is found on the third floor, including the third bedroom; a bonus room; and a bathroom that is a ''work in progress''. An abundance of storage space on the second and third levels may either remain as such or provide room to expand. Plenty of off-street parking can be found on either of the two driveways, and beneath the carport at the rear of the building. Enjoy living within walking distance of downtown Saco and Biddeford, and enjoy all that these communities have to offer, including a vibrant brew pub and restaurant scene that rivals Portland; trail systems and museums; amusement parks; a classic drive-in movie theatre; State parks and beaches; and all that the Maine coast has to offer. A fabulous opportunity for owner/occupants and investors, alike. Note: current rent for Unit 2 is below current fair market value.

This is an Active listing.

Broker Office Phone Number: 207-841-7569

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