51 Tanguay Street, Sanford

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30875743
Property Subtypes: Duplex/Fourplex, Mid-Rise, Other
Status: Pending/Contingent
Number of Units: 3 Units
Building Size (RSF): 3,474 SF
Sale Price: $599,900
Unit Price: $199,966.67 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: 10.85%
Last Updated: 8/27/2024

Overview / Comments

Welcome to the triplex with 9 bedrooms that everyone has been looking for with an unbelievable rare current cap rate of 10.85%. Cashflow cashflow cashflow! Each unit has been updated with new electrical, heating and plumbing. The units include updated bathrooms and kitchens. Tour through the units and experience the modern recess lighting, and new luxury vinyl flooring throughout. The ideal layout offers comfortable and efficient living, complemented by scenic balcony views from each unit. With separate utilities, and new windows, this triplex ensures low expenses and peace of mind. Excellent curb appeal is highlighted by a young roof and sharp siding. Perfectly positioned within walking distance to the picturesque Mousam River, this triplex combines location, modern updates, and excellent cashflow. Act fast as this will not last!

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: H28-37
Zoning: GR
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1925
Roof Type: Gable
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: Paved parking spaces
Sprinklers: None
Heat Type: Electricity
Heat Source: Baseboard
Fuel: Oil, Electric
Air Conditioning: Window Unit
Internet Access: Cable, Fiber Optic, Other
Zoning Description: GR
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,241 16,451 24,821
Median Age: 37.24 39.83 41.29
Households: 2,561 6,807 10,087

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