57 Hill Street, Saco, ME 04072
- Added:
- Jun 10, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 16 at 5:06 pm
Property Features for 57 Hill Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Basement
- Parking features
- Off Street
- Patio and Porch features
- Deck
- Interior features
- Storage
- Basement
- Unfinished
- Standard status
- Active
- Size
- 1,890 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4070
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Forced Air, Oil
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Tile
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agent Anne-Marie Mckenzie (207) 831-9157
Listing office Keller Williams Realty 50 Sewall Street, Portland, ME (207) 879-9800
Listing date Jun 10, 2026
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.
HighLights
- Duplex with two 2‑bedroom, 1‑bathroom apartments
- Recent updates include new flooring on the first‑floor living room, kitchen, hallway, and bathroom
- Improvements include a new front porch with composite decking, new doors, and a new rear staircase
- Wood‑frame construction with vinyl siding; shingle roof
- Public water and public sewer; heating includes oil, hot water heat, and forced air
- Off‑street parking with a deck and sizable backyard
Overview
Located in Saco and zoned R-3, the home provides easy access to the interstate. It is also close to the beach and within walking distance of downtown Saco, supporting a convenient day-to-day lifestyle.
For buyers seeking an owner-occupied setup, the layout provides a straightforward live-in and rent option, while also suiting investors looking for a maintained two-unit residential income property. With the listed recent updates and outdoor space, the duplex presents a practical opportunity for tenants and operators who value readiness and upkeep.
Local 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 | $48.1k | $25.44 |
| − Vacancy | −$2.4k | −$1.26 |
| EGI | $45.7k | $24.18 |
| − OpEx | −$13.7k | −$7.25 |
| NOI | $32.0k | $16.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Saco
- County
- York
- State
- Maine
- Longitude
- -70.455735
- Latitude
- 43.502765
