Two-Story Log
12 Oakland St, Saco, ME 04072
For Sale
$675,000
The two-unit residence has six bedrooms and four bathrooms, with public water and sewer service.
Property Size2,880 SF
Price / SF$234.38
Days on Market15
Property Features for 12 Oakland St
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Utilities to Site
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
Real Broker
(207) 272-3984
Listed By:
Yulia Glasgow
(603) 264-7839
Source:
Exprealty
Added: Oct 27
Changed: Nov 7
Last Checked: Nov 8 at 6:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker
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Investment Insights
Based on property information with market context.
This two-story duplex was built in 1993 and has a log exterior with knotty pine accents indoors. The property contains two residential units with a combined six bedrooms and four bathrooms. Public water and sewer serve the home, and heating is provided by an oil-fired hot-water system.
At 12 Oakland Street in Saco, the property is described as minutes from downtown Saco, Ferry Beach, and I-95, with access to Portland and the seacoast.
At 12 Oakland Street in Saco, the property is described as minutes from downtown Saco, Ferry Beach, and I-95, with access to Portland and the seacoast.
Key Highlights
- Two residential units in a two‑story home
- Six bedrooms and four bathrooms
- Built in 1993 with a log exterior and knotty pine interior accents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,753
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,060
$975.1K
Cap Rate 7%
$696,471
$696.5K
Cap Rate 9%
$541,700
$541.7K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$73.3K $25.44/SF
− Vacancy
−$3.6K −$1.26/SF
EGI
$69.6K $24.18/SF
− OpEx
−$20.9K −$7.25/SF
NOI
$48.8K $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%
$975,060
Cap Rate 7%
$696,471
Cap Rate 9%
$541,700
Alternative Uses
Best Use
Multifamily LT 5
$696.5K
$609.4K – $812.6K
NOI $48,753 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$635.8K
$556.4K – $741.8K
NOI $44,508 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$912.9K
$798.8K – $1.07M
NOI $63,906 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Explore this area
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
$370,300
Median Home Value
Market
Average Price Trend$/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 - The two-unit residence has six bedrooms and four bathrooms, with public water and sewer service.
Where is this duplex located?
The property is located at 12 Oakland St 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 residential units in a two‑story home; Six bedrooms and four bathrooms; Built in 1993 with a log exterior and knotty pine interior accents
