Multifamily

$305,000

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839 Main Street
Sanford, ME 04073

  • – beds
  • 4 baths
  • 3,534 sqft
  • 8,276 sqft lot
  • $86 per sqft
  • 1870 build
  • on site

This four unit investment opportunity is conveniently located on Main St in Sanford Maine, and has always had a very strong rental/maintenance history. Plenty of off street parking on both sides of the building. There are three spacious 2 Bedroom 1 Bath apartments, and one 1 Bedroom 1 Bath unit. All of which includes their own private entrance. Many improvements and remodeling have taken place throughout this entire complex. There's certainly still room for more appreciation and rental adjustments though. Truly a great property for someone looking to create passive income.

Listing courtesy of MREIS / Coldwell Banker Realty

Last checked: Checking… • Last updated Jul 27, 2021 •

MLS# 1501852 —

Amenities & Taxes

The Building

Year Built:
1870
Construction:
Wood Frame
Roof:
Metal
Style:
Multi-Level
Exterior:
Vinyl Siding
Basement:
None
Foundation Materials:
Slab
SqFt Finished Total:
3534.00
SqFt Finished Above Grade:
3534.00
SqFt Source:
Public Records

Interior

Floors:
Carpet, Laminate, Vinyl, Wood

Location

Street Type:
Street

The Property

Lot:
02
Site:
Level, Sidewalks
Seasonal:
No
Property Type:
C
Leased Land:
No
Location:
Intown
Zoning:
urban
Zoning Overlay:
Unknown
Roads:
Public
Driveway:
Paved
Water Info: Water View:
No
Water Info: Water Frontage:
No
Surveyed:
No
Lot Size Acres +/-:
0.19
Road Frontage +/-:
99.00

Listing Agent

Contact info:

Taxes

Tax Year:
2021
Full Tax Amount:
4807.00

Baths

Total Baths:
4.00
Total Full Baths:
4

The Listing

Remarks:
This four unit investment opportunity is conveniently located on Main St in Sanford Maine, and has always had a very strong rental/maintenance history. Plenty of off street parking on both sides of the building. There are three spacious 2 Bedroom 1 Bath apartments, and one 1 Bedroom 1 Bath unit. All of which includes their own private entrance. Many improvements and remodeling have taken place throughout this entire complex. There's certainly still room for more appreciation and rental adjustments though. Truly a great property for someone looking to create passive income.

Heating & Cooling

Heat System:
Baseboard, Hot Water
Heat Fuel:
Oil
Cooling:
None

Utilities

Water:
Public
Electric:
Circuit Breakers
Gas:
No Gas
Sewer:
Public Sewer

The Community

Amenities:
Attic, Laundry - Hookup, Porch

Parking

Parking:
5 - 10 Spaces
Vehicle Storage:
No Vehicle Storage

Extra Units

Units: # of 1 BD Units:
1
Units: # of 2 BD Units:
3

Schools

Rating Details

Sanford High School

  • Public
  • 9-12
  • 0.8 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

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WalkScore®

Provided by WalkScore® Inc.

Sale history

Date Event Source Price % Change
7/27/21
Pending MREIS $305,000
7/22/21
Listed / Active MREIS $305,000 29.5% (13.8% / YR)
5/31/19
MREIS $235,500 -8.7%

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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