7 Mill Street, Springvale, ME 04083

Springvale
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
7 Mill Street,Sanford, ME 04083
$1,350,000
Virtual Tour
  • - Beds
  • 10 Baths
  • 7,057 sq. ft.
  • Multi-family
  • Active
Office: keller williams coastal and lakes & mountains realty
MLS#:1681112
Source:ME_MREIS

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$191.3

About this home

Rare multi-family portfolio opportunity in Springvale, Maine! Presenting a fully renovated five-unit residential complex (5plex) offered as a turnkey investment, package sale, and ideal 1031 exchange target in York County, Southern Maine. Encompassing over seven thousand square feet of newly redeveloped apartment building space with zero deferred maintenance and zero CapEx required, this rare multi family asset combines immediate cash flow and pro forma strength with massive cost segregation potential. Nearly Finalized condo conversion master documentation and individual unit floor plans establish a pre-mapped exit strategy, allowing an investor to operate the entire complex as a stabilized multi-family rental portfolio today or execute a bulk condo or piecemeal retail unit sell-off down the road. Driven by a tight Southern Maine rental market with historically low vacancy rates, this asset delivers an attractive pro forma cap rate over seven based on conservative average area rents....

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Home facts

  • Year built:1864
  • Listing ID #:1681112
  • Updated:September 18, 2026 at 10:43 AM

Rooms and interior

  • Total bathrooms:10
  • Full bathrooms:10
  • Flooring:Carpet, Vinyl
  • Bathrooms Description:Bathtub, Shower
  • Bedroom Description:1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Primary Bedroom w/Bath
  • Basement Description:Exterior Entry, Full, Walk-Out Access
  • Living area:7,057 sq. ft.

Heating and cooling

  • Heating:Baseboard, Heating, Propane

Structure and exterior

  • Roof:Shingle
  • Year built:1864
  • Building area:7,057 sq. ft.
  • Lot area:0.66 Acres
  • Lot Features:Intown, Level, Near Shopping
  • Architectural Style:Colonial, Garden
  • Construction Materials:Vinyl Siding, Wood Frame
  • Exterior Features:Deck, Porch
  • Foundation Description:Block, Poured Concrete

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$191.3
  • Tax amount:$5,119 (2025)

Features and amenities

  • Laundry features:Main Level
  • Amenities:Storage, Walk-In Closet(s)

Parking

  • Parking description:11 - 20 Spaces, Assigned, Gravel, Off street
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