$1,250,000 Price Analysis 35 Sunset AveSaco, ME 04072 5 bed 3 bath 1,681 SqFt ($743/SqFt) 0.24 acre lot. Built 1955 Listed 2024-05-30 | May be USDA loan restricted due to income limits near Saco |
Continue utilizing this 3 season property as a popular weekly rental (over $78, 000 in gross income projected for 2024) or convert to your year-round dream home. Imagine enjoyi ng your morning coffee or evening cocktail on your private porch and family lobster bakes on your dune grass- studded beachfront. On the nights you don't feel like cooking, walk down the street for a bite at Huot's Seafood. There are many outstanding dining choices in adjacent Biddeford and Portland--just a 25 minute drive.
The convenient Camp Ellis General Store is 2 blocks away. Great outdoor shower. This classic beach cottage is set back enough to protct you from storms and features traditional pine paneling. Parking for 6 cars. If you're looking for investment, there is fantastic rental history. Purchase furnished or unfurnished. Property falls in Flood Zone X, meaning it does not require flood insurance. In January 2024 the City of Saco signed a $45 million Shoreline Erosion Mitigation Project with the Army Corps of Engineers which will further protect this and neighboring properties. This might be the summer retreat you've been looking for!
Presented by Colleen Bedard at
RE/MAX Shoreline.
Property MLS #1591458 from MaineListings
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.