Single-Story Two-Bedroom
46-48 Glenwood Avenue Saco, ME 04072
New
For Sale
$499,000
MULTI_FAMILY - Other - Saco, ME
Property Size1,942 SF
Lot Size0.18 Acres
Price / SF$256.95
Days on Market2
Property Features for 46-48 Glenwood Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MDR
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Off Street
Interior features
1st Floor Bedroom, One-Floor Living
Standard status
Active
Size
1,942 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3904
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air, Propane (Heating)
Water source
Public
Building Details
Year built
1974
Number of units
2
Flooring type
Tile, Laminate
Building materials
Wood Frame, Vinyl Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Alexandru Pirleci
(207) 239-6606
Added: Jul 28
Last Checked: Jul 29 at 8:06AM
MLS# 1673714
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.
Investment Insights
Based on property information with market context.
Single-story duplex featuring two units, each with two bedrooms, one full bath, a kitchen with dining area, and a living room. Both units also include a dedicated laundry room and an additional versatile space that can be used as a home office, craft room, or play area. The property has a shared backyard bordered by expansive woods and a separate carport for each unit.
Located on a cul-de-sac with convenient access to U.S. Route One and the Maine Turnpike, the property is also close to the Saco River, local nature preserves, and area beaches.
Each unit’s layout supports a range of living arrangements, offering practical, self-contained spaces within a duplex configuration.
Located on a cul-de-sac with convenient access to U.S. Route One and the Maine Turnpike, the property is also close to the Saco River, local nature preserves, and area beaches.
Each unit’s layout supports a range of living arrangements, offering practical, self-contained spaces within a duplex configuration.
Key Highlights
- Single‑story duplex in Saco with flexible layout for owner‑users or investors
- Each unit offers two bedrooms, one full bath, kitchen with dining area, living room, and dedicated laundry room
- Each unit includes a versatile additional space for office, craft room, or play area
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.4k | $25.44 |
| − Vacancy | −$2.4k | −$1.26 |
| EGI | $47.0k | $24.18 |
| − OpEx | −$14.1k | −$7.25 |
| NOI | $32.9k | $16.93 |
1,942 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$469.6K
$410.9K – $547.9K
NOI $32,875 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$428.7K
$375.2K – $500.2K
NOI $30,012 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$615.6K
$538.7K – $718.2K
NOI $43,092 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Single-story duplex offers two-bedroom units with dedicated laundry rooms and a versatile additional space.
Where is this duplex located?
The property is located at 46-48 Glenwood Avenue Saco, ME.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Single‑story duplex in Saco with flexible layout for owner‑users or investors; Each unit offers two bedrooms, one full bath, kitchen with dining area, living room, and dedicated laundry room; Each unit includes a versatile additional space for office, craft room, or play area
