Bought with Non MREIS Agency
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $762,500
Property Type Multi-Family
Listing Status Sold
Square Footage 7,028 sqft
MLS Listing ID 1588389
Sold Date 10/28/24
Style Multi-Level
Full Baths 7
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 5,695
Originating Board Maine Listings
Year Built 1890
Annual Tax Amount $7,361
Tax Year 2023
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Mixed Use Downtown Investment Property. This 8 unit building is located in the heart of Sanford's City Center. The building offers a large 1st floor commercial space. The commercial space is leased to a retail shop opening June 1, 2024. The 2nd and 3rd floors consist of 7 one bedroom and efficiency apartments. The building is fully occupied. The building is in generally good over all condition and in good standing with the City of Sanford rental ordinance. Many improvements have been made over the past 15 years. A new rubber membrane roof was installed in April 2024. New whole building hot water heater March 2024. The building has a whole building fire suppression and fire alarm system. This is an excellent turn-key investment property.
Location
State ME
County York
Zoning UB
Rooms
Basement Full, Interior Entry
Interior
Heating Steam, Radiator
Cooling None
Flooring Wood, Vinyl, Tile, Carpet
Exterior
Garage 1 - 4 Spaces, Paved, Off Street
Waterfront No
View Y/N No
Roof Type Membrane
Parking Type 1 - 4 Spaces, Paved, Off Street
Garage No
Building
Lot Description Sidewalks, Intown, Near Shopping
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Security Features Fire System
Energy Description Oil
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327