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Key Details
Sold Price $910,000
Property Type Multi-Family
Listing Status Sold
Square Footage 5,424 sqft
MLS Listing ID 1530330
Sold Date 08/18/22
Style Colonial,Multi-Level
Full Baths 10
HOA Y/N No
Abv Grd Liv Area 5,424
Originating Board Maine Listings
Year Built 1900
Annual Tax Amount $6,399
Tax Year 2021
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Multi-family Income Opportunity! This 10 unit, fully occupied building, is a cash cow for your investment portfolio! Gross Annual Income $109,200.00. Operating Expenses $18,903.00. Great rental history with several long term tenants. The property is in very good overall condition. 5 units have seen full renovations over the past 3 years. The building consists of eight 1 bedroom apartments and two studio apartments. Brand new coin-op laundry facility. Efficient natural gas boiler. Plenty of parking in front and behind the building. 2 bay storage building. Located in downtown Sanford close to local shops, restaurants, post office, parks, Number One Pond and Sanford Public Library. Close access to routes 109, 202 and 4 which is great for commuters! This is a property you will not want to miss, call today!
Location
State ME
County York
Zoning UB
Direction Main Street Sanford to Emery Street to left onto School St. Property will be on the right.
Rooms
Basement Full, Doghouse, Unfinished
Interior
Interior Features Bathtub, Shower, Storage
Heating Hot Water, Baseboard
Cooling None
Flooring Vinyl, Laminate, Carpet
Laundry Laundry - Coin
Exterior
Garage 5 - 10 Spaces, Paved, On Site, Detached, Off Street
Fence Fenced
Waterfront No
View Y/N No
Roof Type Pitched,Shingle
Street Surface Paved
Porch Porch
Parking Type 5 - 10 Spaces, Paved, On Site, Detached, Off Street
Garage No
Building
Lot Description Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Public Transit
Story 3
Foundation Stone, Granite
Sewer Public Sewer
Water Public
Architectural Style Colonial, Multi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Gas Natural
Financing Conventional
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327