MONEYMAKER!

Multi-Family for Sale
Catylist Listing ID: 30728936
Number of Units: 6 Units
Building Size (RSF): 7,362 SF
Gross Building Area: See Agent
Sale Price: $630,000
Unit Price: $105,000 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed, Other
Cap Rate: Undisclosed
Last Updated: 6/18/2021

Overview / Comments

Well maintained 6-Unit in Sanford offers you an opportunity to make some money. 5 units are pretty similar in layout with a combination kitchen/dining area, open to a living room, and 3 bedrooms. A 1st floor unit could be an owner occupied unit where it has its own laundry, 2 larger bedrooms, and hardwood flooring. There is storage in the basement and a laundry room for the building. On-site parking is available.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $7,342 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: SANF-000042-K000028
Zoning: UB
Percent Occupied: 100%
Highway Access: Property has frontage on Route 202/4 (Winter Street), and Route 109 (Main Street) is 1 block away.
Site Description: 0.11 acre lot, Paved.
Area Description: In-town location near Number One Pond. Walking distance to many stores and amenities. Corner lot, Sidewalks, Street lights
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1920
Roof Type: Other
Construction/Siding: Wood Frame
Exterior Description: Vinyl siding, Shingle roof
Parking Type: Surface
Parking Description: Parking is limited to 3 sides of the building
Total Parking Spaces: 10
Laundry: Shared
Heat Type: Oil, Hot Water
Heat Source: Baseboard
Fuel: Oil
Internet Access: Cable
Interior Description: All units are pretty much identical in layout, except for Unit 1 which was at one time owner-occupied and has 2 larger bedrooms, laundry room, and hardwood flooring.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,118 15,883 24,821
Median Age: 37.67 39.5 41.29
Households: 1,728 6,539 10,087

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