42 Spruce Street

Sanford, ME 04073

$470,000
Last Sold Price
9
Beds
6
Baths
3,514 Sq. Ft.
$134 / Sq. Ft.
3,514
Sq. Ft.
$134
per Sq. Ft.

Description

6 Unit Money Machine! This 6 unit has excellent cash flow and plenty of room to grow income by increasing rent amounts. Three 1 bedroom apartments and three 2 bedroom apartments. Building is fully occupied. Gross annual income of $63,180 and operating expenses of $13,100. 48 hr notice required for showings.6 Unit Money Machine! This 6 unit has excellent cash flow and plenty of room to grow income by increasing rent amounts. Three 1 bedroom apartments and three 2 bedroom apartments. Building is fully occupied. Gross annual income of $63,180 and operating expenses of $13,100. 48 hr notice required for showings.
  1. Listed by Brian Samia Gary Samia • Century 21 North East • 207-651-7188

Property Details for 42 Spruce Street

ArchitecturalStyle
Colonial
Garage
No
Zoning
U

Location

Listing Courtesy of Century 21 North East

Sold By The Atlantic Real Estate Network

Add your commute
LISTING UPDATED: 03/29/2023 12:24 PM

Property Details for 42 Spruce Street

StatusClosed
MLS #1523023
Days on Market167
Taxes$4,647 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.09 AC / 3,920 SF
CountyYork County

Location

Listing Courtesy of Century 21 North East

Sold By The Atlantic Real Estate Network

Add your commute

Building Information for 42 Spruce Street

Stories2Residences6Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$2,952 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,565

Property Taxes

$387

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 42 Spruce Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 2966
  • Directions: Cottage St (rte 202/111) to Spruce St. Property on the right.
  • Town: Sanford
  • State/Province: ME
  • Zip Code: 04073
  • County: York
  • Geo Latitude: 43.444246
  • Geo Longitude: -70.772586
  • Tax Lot: 27
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Transportation:Major Road Access: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 17599
  • Tax Map Number: J28
  • Association: No
  • Tax Year: 2021
  • Parcel Number: SANF-000027-J000028
  • Tax Annual Amount: $4,647.00
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
  • Water Heater:Oil: Yes
  • Water Heater:Tank: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 3514.0
  • Lot Size Acres: 0.09
  • Source of Acreage: Public Records
  • Building Area Total: 3514.0
  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3920.4
  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Street Number: 42
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Blue
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Documents Available: Property Disclosure Public Access
  • Leased Land: No
  • Property Type: C
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Asbestos, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Full, Interior Entry, Walk-Out Access
  • Flooring: Brick, Vinyl, Wood
  • Cooling: None
  • Heating: Baseboard, Hot Air, Hot Water, Oil
  • Foundation Details: Block, Concrete Perimeter
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 6
  • Bathrooms Total (Decimal): 6.00
  • Bathrooms Total (Notational): 6.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $63,180.00
  • Operating Expenses: $13,100.00
Multi-Family Information
  • Number of Units: 6
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
  • Building Info:# Heating Units: 2
  • Building Info:# Water Heaters: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $555.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $650.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 2.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,015.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 2.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: No
  • Unit 4:Level: Second
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $1,050.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 4.00
  • Unit 4:# of Bedrooms: 2.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: Yes
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: No
  • Unit 5:Level: Second
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $950.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 4.00
  • Unit 5:# of Bedrooms: 2.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 6
  • Unit 6:Lease: No
  • Unit 6:Level: First
  • Unit 6:Security Deposit: No
  • Unit 6:Monthly Rent: $1,050.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 4.00
  • Unit 6:# of Bedrooms: 2.00
  • Unit 6:Dedicated Electric Meter: Yes
  • Unit 6:Dedicated Gas Meter: No
  • Unit 6:Dedicated Water Heater: No
  • Unit 6:Electric: No
  • Unit 6:Heat: Yes
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 3
  • Units:# of 2 BD Units: 3
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 42 Spruce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 42 Spruce Street

Taxable ValueLand$25,100Additions$343,100Total$368,200
Tax Record2023$5,575 ($465 / month)
Home Facts
Baths6Total Finished SqFt3,514 SqFtAbove Grade Finished SqFt3,514 SqFtStories2Lot Size4,320 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningGRCountyYORKAPNSANF M:0J28 B:27

Schools near 42 Spruce Street

This home is within Sanford Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 5 to 7
Public - 9 to 12
Public - 1 to 4
Rating
School
Distance
Lafayette School
PublicPK to 3

Sanford Jr High School
Public5 to 7

Sanford High School
Public9 to 12

Willard School
Public1 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

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 North East

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.