Beds
3,452 Sq. Ft.
$70 / Sq. Ft.
3,452
Sq. Ft.
$70
per Sq. Ft.

Description

Great investment opportunity for both the investor or owner occupant. Well-maintained 4 unit building with plenty of parking. Tenants will enjoy living close to area shopping, banking and restaurants. Many of the updates and capital expenditures have already been done. Long-term tenants ensure the building's cash flow with room for growth. This solid 4 unit with one 1BR, one 2BR and two 3BR with newer kitchens, baths, carpets, flooring, and vinyl windows. Each unit has its own monitor heater and...Great investment opportunity for both the investor or owner occupant. Well-maintained 4 unit building with plenty of parking. Tenants will enjoy living close to area shopping, banking and restaurants. Many of the updates and capital expenditures have already been done. Long-term tenants ensure the building's cash flow with room for growth. This solid 4 unit with one 1BR, one 2BR and two 3BR with newer kitchens, baths, carpets, flooring, and vinyl windows. Each unit has its own monitor heater and units have a washer, dryer, refrigerator and stove.

Property Details for 5 Payne Street

Architectural Style
Colonial
Style
Colonial
Subdivision Name
Village of Springvale
Has Waterfront
No
Zoning
UB
LISTING CLOSED: 08/30/2018 12:00 AM

Property Details for 5 Payne Street

StatusClosed
MLS #1353551
Days on Market31
Taxes$4,220 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1930
Lot Size0.20 AC / 8,712 SF
CountyYork County

Location

Sold By Fontaine Family-The Real Estate Leader

Add your commute

Building Information for 5 Payne Street

Stories-Residences4Year Built1930Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$1,555 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,203

Property Taxes

$352

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5 Payne Street

Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping, Near Town
  • Page: 165
  • Zoning Overlay: No
  • Directions: Route 109 (Main Street) Springvale, take a right at light onto Bridge Street. Straight onto Payne Street. Property right on corner of Payne and Pleasant Streets.
  • Latitude: 43.466969
  • Longitude: -70.794245
  • Transportation: Public Transport Access
Taxes and HOA
  • Association: No
  • Parcel Number: SANF-000043-K000015
  • Tax Lot: 0043
  • Tax Book Number: 14568
  • Tax Map Number: OK15
  • Tax Annual Amount: $4,220.00
Parking
  • Parking Features: 5 - 10 Spaces, Paved
  • Parking: 5 - 10 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Rolling/Sloping, Corner Lot, Sidewalks, Intown, Near Shopping, Near Town, Near Public Transit
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: No
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Has Road Frontage: No
  • SqFt Source: Public Records
  • Site: Corner Lot, Rolling/Sloping, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 3452.0
  • Building Area Total: 3452.0
  • Property Type: Multi-Family
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Year Built: 1930
Building Features
  • Foundation Details: Stone
  • Foundation Materials: Stone
  • Construction Materials: Clapboard, Brick, Wood Frame
  • Color: Yellow
Financial Information
  • List Price/SqFt: $69.96
Utilities
  • Heat Fuel: Gas Bottled
  • # Water Heaters: 2
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Clapboard
  • Roof: Shingle
  • Driveway: Paved
Interior Features
  • Amenities: Laundry - 1st Floor
  • Bathrooms Full: 4
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Integer: 4
  • Equipment: Cable, Internet Access Available, Satellite Dish
  • Laundry Features: Laundry - 1st Floor, Main Level
  • Other Equipment: Satellite Dish, Internet Access Available, Cable
  • Basement: Interior, Full, Partial
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Direct Vent Heater
  • Has Heating: Yes
  • Flooring: Vinyl, Laminate, Carpet
Multi Family
Multi Family Information
  • # of 1 BD Units: 1
  • # of 2 BD Units: 1
  • # of 3 BD Units: 2
  • Number Of Units Total: 4
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions
Tenant Information
  • Occupant Type: Yes

Property History for 5 Payne Street

DateEvent & SourcePriceAppreciation
Aug 30, 2018

Sold

Maine Listings #1353551

$241,500
Jul 6, 2018

Pending

Maine Listings #1353551

May 31, 2018

Listed (Active)

Maine Listings #1353551

$242,500
DateEvent & SourcePrice
08/30/2018

Sold

Maine Listings #1353551

$241,500
07/06/2018

Pending

Maine Listings #1353551

05/31/2018

Listed (Active)

Maine Listings #1353551

$242,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Payne Street

Taxable ValueLand$36,300Additions$320,000Total$356,300
Tax Record2025$6,093 ($508 / month)
Home Facts
Baths4Total Finished SqFt3,452 SqFtAbove Grade Finished SqFt3,452 SqFtStories3Lot Size8,799 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningGRCountyYORKAPNSANF M:0K15 B:43

Schools near 5 Payne Street

This home is within Sanford Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Carl J Lamb School
PublicPK to 4

Sanford Middle School
Public5 to 8

Sanford High School
Public9 to 12

Sanford Pride Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.