Meticulously updated duplex with 9.51% cap rate
Multi-Family10 State Court, Sanford, ME 04073
- Type
- Sale
- Status
- Active
- Asking Price
- $325,000
- Price/SF
- $213.11/SF
- Cap Rate
- 9.51%
- List Date
- Oct 29, 2026
- Days on Market
- 11
- Owner Financing Available
- No
- 1031 Exchange
- No
- Land Lease
- No
- Sale Investment
- YES
- Sale NOI
- $30,904
- Sale Total Expenses
- $5,096
- Sale Gross Income
- $36,000
- Owner Occupied
- No
- Tax Amount
- $2,946
- Tax Year
- 2025
- Agent Ownership Interest
- No
Showing Instructions
BrokerBay
Meticulously updated duplex with 9.51% cap rate
Strong cash flow for investors with a 9.51% cap rate, or an unbeatable house-hacking opportunity to live for less than rent while your tenant pays the mortgage! Perfect for even the fussiest of buyers, with updates throughout the home. New doors and vinyl windows throughout, a young roof, and sharp siding bring out the building's excellent curb appeal. Tour through and explore the well-kept units, featuring a first-floor garden-style layout perfect for one-level living. The layout opens up into a spacious living and dining area, right off an updated kitchen with oak cabinets and stainless steel appliances. The bathroom carries that same warm feel with an updated tub, vanity, and warm wood accents. Head upstairs to find rustic pine paneling in the hallway, fresh neutral gray paint, and a second updated kitchen styled with gray cabinets and a custom wood-grain backsplash. Fresh paint, brand-new flooring, and updated electrical fixtures run throughout the entire building. Beyond the interior updates, the mechanics are solid with young heating systems, updated electrical, and separate utilities for low maintenance and minimal expenses for years to come. To top it off, the location couldn't be better—just minutes from the Mousam River, local restaurants, shopping, groceries, schools, and major routes for an easy commute.
Space Details
- Available SF
- 1,525 SF
- Type
- Sale
- Status
- Active
- Asking Price
- $325,000
- Price/SF
- $213.11/SF
- Cap Rate
- 9.51%
- List Date
- Oct 29, 2026
- Days on Market
- 11
- Owner Financing Available
- No
- 1031 Exchange
- No
- Land Lease
- No
- Sale Investment
- YES
- Sale NOI
- $30,904
- Sale Total Expenses
- $5,096
- Sale Gross Income
- $36,000
- Owner Occupied
- No
- Tax Amount
- $2,946
- Tax Year
- 2025
- Agent Ownership Interest
- No
Showing Instructions
BrokerBay
Meticulously updated duplex with 9.51% cap rate
Strong cash flow for investors with a 9.51% cap rate, or an unbeatable house-hacking opportunity to live for less than rent while your tenant pays the mortgage! Perfect for even the fussiest of buyers, with updates throughout the home. New doors and vinyl windows throughout, a young roof, and sharp siding bring out the building's excellent curb appeal. Tour through and explore the well-kept units, featuring a first-floor garden-style layout perfect for one-level living. The layout opens up into a spacious living and dining area, right off an updated kitchen with oak cabinets and stainless steel appliances. The bathroom carries that same warm feel with an updated tub, vanity, and warm wood accents. Head upstairs to find rustic pine paneling in the hallway, fresh neutral gray paint, and a second updated kitchen styled with gray cabinets and a custom wood-grain backsplash. Fresh paint, brand-new flooring, and updated electrical fixtures run throughout the entire building. Beyond the interior updates, the mechanics are solid with young heating systems, updated electrical, and separate utilities for low maintenance and minimal expenses for years to come. To top it off, the location couldn't be better—just minutes from the Mousam River, local restaurants, shopping, groceries, schools, and major routes for an easy commute.
Space Details
- Available SF
- 1,525 SF