$819,000

42 Spruce St Sanford, ME 04073

Estimated payment $4,962/month

Total Views 728
-- Bed
6 Baths
3,514 Sq Ft
$233 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Baseboard Heating
  • Deck
  • No HOA

About This Home

Exceptional investment opportunity in the heart of Sanford! This well-maintained and recently updated six-unit features a desirable unit mix and extensive recent improvements, making it a low-maintenance addition to any portfolio. Property includes four (4) 2BR/1BA apartments, one (1) 1BR/1BA, and one (1) studio—ideal for strong, diversified rental demand.

Major exterior upgrades: new roof, vinyl siding, and decks!

With over $100K in annual rental income, a strong proven rental history and Cap Rate of 8.3% makes this a great investment to any portfolio!

Listing Agent

Alexander Matthews

Tidal Realty Group Listed on: 08/14/2025

Co-Listing Agent

Krystle Rioux

Tidal Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,990

Year Built

  • Built in 1900

Home Design

  • Colonial Architecture
  • Post and Beam
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6 Full Bathrooms
  • 3,514 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Brick
  • Vinyl

Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater

Additional Features

  • Deck
  • 3,920 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Block 0027
  • Assessor Parcel Number SANF-000027-J000028

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Pet Policy

  • Pet Restriction
  • Pet Size Limit
  • Breed Restrictions

Building Details

  • Operating Expense $34,150
  • Gross Income $102,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,990

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: 3627
  • Co List Office Phone: 617-366-9339
  • MLS Status: Active
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 3514.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Structure Type: Post & Beam
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3514.0
  • Property Information:Garage: No
  • 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
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Restrictions:Breed Restrictions: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 102000.0
  • Income Expenses Operating Expenses: 34150.0
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Water Heater:Tank: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Floors:Brick2: Yes
  • Building Info:_pound_ Floors3: 2
  • Restrictions:Pet: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Structure Type Post Beam2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Interior, Full
  • Full Bathrooms: 6
  • Flooring: Wood, Vinyl, Brick
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Breed Restrictions, Yes, Size Limit

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: SANF-000027-J000028
  • Zoning: u

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 102000.0
  • Annual Operating Expense: 34150.0

Tax Info

  • Tax Annual Amount: 5990.0
  • Tax Block: 0027
  • Tax Book Number: 19155
  • Tax Lot: 0000
  • Tax Map Number: 0J28
  • Tax Year: 2024

Map

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 Change Sq Ft Price
08/14/2025 08/14/25 For Sale $819,000 +74.3% $233 / Sq Ft
11/18/2022 11/18/22 Sold $470,000 -4.1% $134 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $490,000 +139.0% $139 / Sq Ft
11/06/2017 11/06/17 Sold $205,000 -6.8% $58 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
08/13/2017 08/13/17 For Sale $219,900 -- $63 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1634323

Maine Listings

Maine York County Sanford 04073

42 Spruce St, Sanford, ME

This home is located at 42 Spruce St, Sanford, ME 04073 and is currently priced at $819,000, approximately $233 per square foot. This property was built in 1900. 42 Spruce St is a home located in York County with nearby schools including St Thomas Consolidated School and Sanford Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Alexander Matthews
Listing Agent
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Tidal Realty Group
(207) 492-4562