42 Spruce Street, Sanford, ME 04073
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
42 Spruce Street,Sanford, ME 04073
$795,000
- - Beds
- 6 Baths
- 3,514 sq. ft.
- Multi-family
- Active
Listed by:alexander matthews
Office:tidal realty group
MLS#:1634323
Source:ME_MREIS
Price summary
- Price:$795,000
- Price per sq. ft.:$226.24
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!
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Home facts
- Year built:1900
- Listing ID #:1634323
- Updated:September 18, 2025 at 03:47 PM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Living area:3,514 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Year built:1900
- Building area:3,514 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$795,000
- Price per sq. ft.:$226.24
- Tax amount:$5,990 (2024)
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