NOT LISTED FOR SALE

84 Pioneer Ave Sanford, ME 04073

-- Bed
5 Baths
4,122 Sq Ft
9,148 Sq Ft Lot

Last Sold July 31, 2018

Last sale price $249,900 $61 Per Sq Ft

5 Days on Market

Highlights

  • Main Floor Bedroom
  • Tankless Water Heater
  • Baseboard Heating
  • No HOA
  • Forced Air Heating System
  • Carpet

About This Home

As of July 2018

Excellent Cash Flow. This is 5 unit building is an excellent investment opportunity. The building is fully leased, well managed, and in very good condition. Nice location and plenty of off-street parking. Gross annual income of $50,280 based on current lease agreements. 2017-2018 expenses of 16,760.00. Building units consist of one 1 bedroom unit, three 2 bedroom units, and one 3 bedroom unit. Units are updated and in good overall condition. Efficient propane fired on demand domestic hot water. Solid forced hot water heating system. Low maintenance vinyl siding and replacement windows. Don't miss this great buy!

Last Agent to Sell the Property

Brian Samia

Century 21 North East Brokerage Phone: 207-651-7188 Listed on: 07/06/2018

Century 21 North East

Last Buyer's Agent

Kayla Larrivee

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 1920

Lot Details

  • 9,148

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,122 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 5 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater
  • Water Heated On Demand

Additional Features

  • 9,148 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number SANF-000008-I000031

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $16,760
  • Gross Income $50,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,969

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street to Jackson Street to right onto Pioneer. Building on the left
  • Above Grade Finished Sq Ft: 4122.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1920
  • Attribution Contact: 207-651-7188
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 60.63
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4122.0
  • 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Water Heater:Tankless: Yes
  • Property Information:Number of Units: 5
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 50280.0
  • Income Expenses Operating Expenses: 16760.0
  • Style:Multi-Level: Yes
  • Property Information:Bank Owned REO: No
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Excellent Cash Flow. This is 5 unit building is an excellent investment opportunity. The building is fully leased, well managed, and in very good condition. Nice location and plenty of off-street parking. Gross annual income of $50,280 based on current lease agreements. 2017-2018 expenses of 16,760.00. Building units consist of one 1 bedroom unit, three 2 bedroom units, and one 3 bedroom unit. Units are updated and in good overall condition. Efficient propane fired on demand domestic hot water. Solid forced hot water heating system. Low maintenance vinyl siding and replacement windows. Don't miss this great buy!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 5
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: SANF-000008-I000031
  • Zoning: UB

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 50280.0
  • Annual Operating Expense: 16760.0

Tax Info

  • Tax Annual Amount: 4969.0
  • Tax Lot: 8
  • Tax Year: 2017

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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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
07/31/2018 07/31/18 Sold $249,900 0.0% $61 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $249,900 -- $61 / 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: 1359745

Maine Listings