Duplex with Five-Bay
117 Lincoln Street, Saco, ME 04072
For Sale
New
$675,000
Multi-Family, Saco, ME
Property Size2,016 SF
Lot Size0.32 Acres
Price / SF$334.82
Days on Market2
Property Features for 117 Lincoln Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Basement
Lot features
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Amenities
in-unit laundry hookups
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Vitalius Real Estate Group, LLC
Listed By:
Briton Vitalius
(207) 541-3755
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 10 at 7:06AM
MLS# 1687307
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1998, this side-by-side duplex contains two mirrored, townhouse-style units. Each residence has three bedrooms, one bathroom, and in-unit laundry hookups. The 2,016-square-foot building sits on a 0.32-acre lot, with a detached five-bay garage and barn providing additional storage or workshop space. Construction is wood frame with vinyl siding, and the property has carpet and tile flooring, baseboard heat, and an oil fuel source.
Public water and sewer serve the property. The lot includes yard space and parking, alongside the garage and barn.
Public water and sewer serve the property. The lot includes yard space and parking, alongside the garage and barn.
Key Highlights
- Two 3‑bedroom, 1‑bath units in a side‑by‑side duplex
- 2,016 square feet of building area on a 0.32‑acre lot
- Detached five‑bay garage and barn
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,127
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$682,540
$682.5K
Cap Rate 7%
$487,529
$487.5K
Cap Rate 9%
$379,189
$379.2K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$51.3K $25.44/SF
− Vacancy
−$2.5K −$1.26/SF
EGI
$48.8K $24.18/SF
− OpEx
−$14.6K −$7.25/SF
NOI
$34.1K $16.93/SF
Area
York County, ME
Vacancy
4.94%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$682,540
Cap Rate 7%
$487,529
Cap Rate 9%
$379,189
Alternative Uses
Best Use
Multifamily LT 5
$487.5K
$426.6K – $568.8K
NOI $34,127 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$445.1K
$389.5K – $519.3K
NOI $31,156 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$639.1K
$559.2K – $745.6K
NOI $44,734 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,360
Businesses Nearby
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Business Placement
Demographics for 04072, ME
20,381
Population
9,619
Households
2.1
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
38.6 sq mi
ZIP Area
528
Density / Sq Mi
$84,328
Median Household Income
$47,419
Median Earnings
$1,268
Median Rent
$370,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in York County, ME
Properties on Market for Duplexes in York County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two mirrored residences each offer three bedrooms, laundry hookups, and access to a detached garage and barn.
Where is this duplex located?
The property is located at 117 Lincoln Street Saco, ME.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two 3‑bedroom, 1‑bath units in a side‑by‑side duplex; 2,016 square feet of building area on a 0.32‑acre lot; Detached five‑bay garage and barn
