For Sale Multi-Family MLS# 1669203

91 Bradley Street

Saco, ME 04072

$1,550,000

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Listing Office

Officemaine_real_estate_information_system_inc_statewide_mls logoMeservier & Associates

About 91 Bradley Street

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.

Property details

Property

Type
multi
Year built
1892
Living area
6,321 sqft
Price / sqft
$245
Lot
0.79 ac
List date
Jun 26, 2026

Schools

District
Saco Public Schools

Location

School district
Saco Public Schools

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.