NOT LISTED FOR SALE

17 North St Sanford, ME 04073

-- Bed
6 Baths
4,752 Sq Ft
0.33 Acres

Last Sold October 16, 2024

Last sale price $720,000 $152 Per Sq Ft

25 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 2 Car Detached Garage
  • Main Floor Bedroom
  • No HOA
  • Porch

About This Home

As of October 2024

Exceptional Investment Property. The owner has treated this building like his pride and joy. This 6 unit has an excellent rental history and has been managed well for several decades. The building consists of three large 1 bedroom apartments, one 2 bedroom apartment, and two 3 bedroom apartments. Nicely paved driveway and oversized 2 car garage. Beautiful corner lot. New heating and hot water system. The roof is 10+/- years old. Many of the units are updated. There is plenty of upside on the rents. Do not miss this fantastic opportunity!

Last Agent to Sell the Property

Brian Samia

Century 21 North East Brokerage Phone: 207-651-7188 Listed on: 07/19/2024

Century 21 North East

Last Buyer's Agent

Steve Cabana

Town Square Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,914

Year Built

  • Built in 1914

Lot Details

  • 0.33 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,752 Sq Ft Home
  • 3-Story Property
  • Laundry on main level

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 6 Full Bathrooms

Basement

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

Utilities

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

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number SANF-000005-L000026

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $25,368
  • Gross Income $77,436

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,914

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main St to North St. Property on the corner of North St and Vale St.
  • Above Grade Finished Sq Ft: 4752.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1914
  • Attribution Contact: 207-651-7188
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4752.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 77436.0
  • Income Expenses Operating Expenses: 25368.0
  • Style:Multi-Level: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Bank Owned REO: No
  • Water Heater:Tank: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Exterior Only
  • Full Bathrooms: 6
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14374.8
  • Parcel #: SANF-000005-L000026
  • Zoning: U

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 77436.0
  • Annual Operating Expense: 25368.0

Tax Info

  • Tax Annual Amount: 6914.0
  • Tax Lot: 5
  • Tax Year: 2023

Range of Values:

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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
10/16/2024 10/16/24 Sold $720,000 -8.8% $152 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $789,900 -- $166 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1597585

Maine Listings