127 Brook ST Active

Sanford,ME 04073

$ 649000

- Bed

3 Baths

3190 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 3,190 sqft

Price per Sqft $203

MLS Listing ID 1630623

Style Other

Full Baths 3

Year Built 1922

Annual Tax Amount $5,931

Tax Year 2024

Lot Size 7,840 Sqft

Property Description

Unique Opportunity: Renovated Single-Family Home + Income-Producing Duplex in Sanford. Discover a rare gem in Sanford's vibrant downtown area! This property offers two homes on one lot—a beautifully renovated 2-bedroom single-family home and an income-generating duplex, perfect for investors, first-time buyers, or budget-conscious homeowners seeking a low-maintenance lifestyle with rental income to offset costs.
Single-Family Home: Modern Comfort
Newly Renovated: 2 bedrooms, 1 bathroom (1,400 sq. ft.) with brand-new stainless steel appliances, Quartz countertops, durable LVP flooring, and a sleek walk-in tiled shower.
Flexible Space: Dedicated office area and a partially finished lower level that can easily be converted into a 3rd bedroom with minimal effort.
Private Outdoor Space: Enjoy a fenced side yard, perfect for relaxing or entertaining.
Recent Upgrades: New roof installed in 2024 for worry-free ownership.
Income-Producing Duplex: Steady Cash Flow Two 2-Bedroom Units: Each unit (approx. 900 sq. ft.) features 2 bedrooms, 1 bathroom, ample storage, and versatile flex space ideal for an office or small bedroom.
Reliable Income: Both units are leased to excellent tenants, generating $3,300/month in rental income, significantly offsetting mortgage costs.
Value-Add Potential: Unfinished basement offers space for coin-operated laundry to boost revenue further or consider adding a separate boiler to completely separate utilities
Property Highlights
Prime Location: Steps from Number One Pond and Sanford's revitalized downtown project. Less than 30 minutes to the Beach Ample Parking: Plenty of off-street parking for residents and guests.
Low Maintenance: Separate utilities for each building (shared water/sewer only) and recent upgrades ensure minimal upkeep. Lot Size: 0.18 acres, offering space and flexibility within Sanford's Urban Zone
Perfect For First-Time Buyers: Live in the single-family home and let rental income ease your mortgage.

Location

State ME

County York

Interior

Heating Zoned,Hot Water,Forced Air

Cooling Window Unit(s)

Flooring Wood,Vinyl,Laminate,Carpet

Exterior

Parking Features 5 - 10 Spaces,Paved,Common

View Y/N No

Roof Type Shingle

Building

Lot Description Sidewalks,Intown,Near Town,Neighborhood

Foundation Slab

Sewer Private Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

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