Turnkey Investment Property or Possible Condo Conversion

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30672301
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 2 Units
Building Size (RSF): 2,400 SF
Gross Building Area: See Agent
Gross Land Area: 0.33 Acres
Sale Price: $309,000
Unit Price: $154,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/7/2021

Overview / Comments

TURNKEY INCOME PROPERTY OR CONVERT TO CONDOS. Well maintained and renovated duplex in ideal neighborhood with front and large separate rear Trex decks, front and rear yard on large corner lot, full basement with room for expansion, with new roof, decks, heating system, bathtubs, new kitchen in one unit, 2 electric hot water heaters and more. Laundry on first floor. 2 bedroom, 1.5 bath units fully occupied and easy to maintain.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $4,513 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: SANF-000028B-H000029
Zoning: GR
Percent Occupied: 100%
Property Located Between: June and Grammar Streets
Highway Access: Close to Route 111 and Route 109
Airports: Close to Sanford Airport
Site Description: Level well landscaped corner lot with large side, front and rear yard area
Area Description: Quiet part of Sanford close to Goodall Hospital
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1981
Year Renovated: 2018
Roof Type: Arched
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: Detached 2 car garage along with paved parking area in front of property
Laundry: In Each Unit
Heat Type: Hot Water
Heat Source: Baseboard
Fuel: Oil
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,212 16,451 25,958
Median Age: 39.27 39.83 41.57
Households: 1,744 6,807 10,551

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