NOT LISTED FOR SALE

1 Bennett St Sanford, ME 04073

4 Beds
5 Baths
3,117 Sq Ft
4,792 Sq Ft Lot

Last Sold February 26, 2020

Last sale price $250,000 $80 Per Sq Ft

75 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Level Lot
  • No HOA

About This Home

As of February 2020

$48,300 TOTAL GROSS RENTAL INCOME IN 2019! Five unit investment property with updated units. This building boasts three 1 bedroom units, a 2 bedroom unit and a 3 bedroom unit. Third story access in 3 bedroom unit with full bath offer expansion possibilities within the largest unit. Ample off street parking. Rents appear to be below market rent, all tenants are tenants at will.

Last Agent to Sell the Property

Ashley Kilmartin

Landing Real Estate Brokerage Phone: 207-838-9199 Listed on: 11/23/2019

Landing Real Estate

Last Buyer's Agent

Barbara Marzoli

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,117 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number SANF-000037-J000026

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $13,871
  • Gross Income $48,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,190

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3117.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1920
  • Attribution Contact: 207-838-9199
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 88.19
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3117.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 48300.0
  • Income Expenses Operating Expenses: 13871.0
  • Style:Multi-Level: Yes
  • Driveway:Gravel: Yes
  • Electric:Fuses: Yes
  • Advertising Remarks:Advertising Remarks: $48,300 TOTAL GROSS RENTAL INCOME IN 2019! Five unit investment property with updated units. This building boasts three 1 bedroom units, a 2 bedroom unit and a 3 bedroom unit. Third story access in 3 bedroom unit with full bath offer expansion possibilities within the largest unit. Ample off street parking. Rents appear to be below market rent, all tenants are tenants at will.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 5
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: SANF-000037-J000026
  • Zoning: UB

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 48300.0
  • Annual Operating Expense: 13871.0

Tax Info

  • Tax Annual Amount: 4190.0
  • Tax Lot: 37
  • Tax Year: 2019

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $250,000 -16.4% $80 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
11/23/2019 11/23/19 For Sale $299,000 -- $96 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ashley Kilmartin

    Seller's Agent in 2020

    Ashley Kilmartin

    Landing Real Estate

    (207) 838-9199

    84 Total Sales

    Ashley Kilmartin
    Section Image
  • Barbara Marzoli

    Buyer's Agent in 2020

    Barbara Marzoli

    Keller Williams Coastal and Lakes & Mountains Realty

    (207) 251-3610

    5 in this area

    98 Total Sales

    Barbara Marzoli
    Section Image
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Map

Source: Maine Listings

MLS Number: 1439712

Maine Listings
Maine York County Sanford 04073

1 Bennett St, Sanford, ME

Not Listed for Sale

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