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Multi-FamilyMESanford0407342 Spruce Street, Sanford, ME, 04073

42 Spruce Street, Sanford, ME, 04073

42 Spruce Street, Sanford, ME, 04073
6 baths
$749,000
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Basics

  • Date added: Added 6 months ago
  • Category:
  • Status:
  • Bathrooms: 6
  • Lot size: 0.09 sq ft
  • Year built: 1900
  • Bathrooms Full: 6
  • Lot Size Acres: 0.09 acres
  • Zoning: u
  • County: York
  • MLS ID: 1634323

Description

  • Description:

    Exceptional investment opportunity in the heart of Sanford! This well-maintained and recently updated six-unit features a desirable unit mix and extensive recent improvements, making it a low-maintenance addition to any portfolio. Property includes four (4) 2BR/1BA apartments, one (1) 1BR/1BA, and one (1) studio—ideal for strong, diversified rental demand.

    Major exterior upgrades: new roof, vinyl siding, and decks!

    With over $100K in annual rental income, a strong proven rental history and Cap Rate of 8.3% makes this a great investment to any portfolio!

    Show all description

Location

Building Details

  • Building Area Total: 3514 sq ft
  • Number Of Units Total: 6
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Colonial
  • Sewer: Public Sewer
  • Heating: Hot Water, Baseboard
  • StoriesTotal: 2
  • Stories: 2
  • Roof: Shingle
  • Foundation Details: Block, Concrete Perimeter
  • Levels: Multi-Level
  • Basement: ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl, Brick
  • Parking Features: 1 - 4 Spaces, Paved
  • Garage Spaces: 0
  • WaterSource: Public
  • Lot Features: Sidewalks, Intown, Near Turnpike/Interstate
  • Patio And Porch Features: Deck
  • Cooling: None

Fees & Taxes

  • Gross Income: $102,000

Miscellaneous

  • Pets Allowed: Breed Restrictions, Yes, Size Limit

Courtesy of

  • List Office Name: Tidal Realty Group

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Office: 207-942-6310

458 Main Street
Bangor, ME 04401
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