42 Spruce ST new Save Request In-Person Tour Request Virtual Tour
Sanford,ME 04073
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 3,514 sqft
Price per Sqft $233
MLS Listing ID 1634323
Style Colonial
Full Baths 6
Year Built 1900
Annual Tax Amount $5,990
Tax Year 2024
Lot Size 3,920 Sqft
Property 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!
Location
State ME
County York
Zoning u
Interior
Heating Hot Water,Baseboard
Cooling None
Flooring Wood,Vinyl,Brick
Exterior
Parking Features 1 - 4 Spaces,Paved
View Y/N No
Roof Type Shingle
Building
Lot Description Sidewalks,Intown,Near Turnpike/Interstate
Story 2
Foundation Block,Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame