Turnkey 6-Unit Multifamily
Multi-Family42 Spruce Street, Sanford, ME 04073
- Type
- Sale
- Status
- Under Contract
- Asking Price
- $675,000
- Price/SF
- $192.09/SF
- Cap Rate
- 8.3%
- List Date
- Jul 13, 2026
- Available
- Jul 13, 2026
- Days on Market
- 98
- Financing Available
- No
- Sale Investment
- YES
- Sale NOI
- $56,025
- Sale Total Expenses
- $40,272
- Sale Gross Income
- $96,297
- Owner Occupied
- No
- Tax Amount
- $6,346
- Tax Year
- 2026
- Last Verified
- Sep 9, 2026
- Agent Ownership Interest
- No
Turnkey 6-Unit Multifamily
6-unit multifamily investment property in an established, in town Sanford neighborhood, offering convenient access to downtown amenities, services, and major commuter routes Unit Mix: One (1) studio, one (1) 1-BR unit, & four (4) 2-BR units (separately metered electric). All units have been been renovated. Situated in York County, one of Southern Maine’s most active investment corridors, benefiting from regional growth and spillover demand from Greater Portland and the Seacoast Recent improvements include new roof, vinyl siding, & decks (2025) Opportunity to add three (3) additional bedrooms in the attic space if egress is installed. Confirm with City of Sanford. Sale Price: $675,000.00 Sale Price/Unit: $112,000.00/unit Cap Rate: 8.30%
Space Details
- Available SF
- 3,514 SF
- Type
- Sale
- Status
- Under Contract
- Asking Price
- $675,000
- Price/SF
- $192.09/SF
- Cap Rate
- 8.3%
- List Date
- Jul 13, 2026
- Available
- Jul 13, 2026
- Days on Market
- 98
- Financing Available
- No
- Sale Investment
- YES
- Sale NOI
- $56,025
- Sale Total Expenses
- $40,272
- Sale Gross Income
- $96,297
- Owner Occupied
- No
- Tax Amount
- $6,346
- Tax Year
- 2026
- Last Verified
- Sep 9, 2026
- Agent Ownership Interest
- No
Turnkey 6-Unit Multifamily
6-unit multifamily investment property in an established, in town Sanford neighborhood, offering convenient access to downtown amenities, services, and major commuter routes Unit Mix: One (1) studio, one (1) 1-BR unit, & four (4) 2-BR units (separately metered electric). All units have been been renovated. Situated in York County, one of Southern Maine’s most active investment corridors, benefiting from regional growth and spillover demand from Greater Portland and the Seacoast Recent improvements include new roof, vinyl siding, & decks (2025) Opportunity to add three (3) additional bedrooms in the attic space if egress is installed. Confirm with City of Sanford. Sale Price: $675,000.00 Sale Price/Unit: $112,000.00/unit Cap Rate: 8.30%
Space Details
- Available SF
- 3,514 SF