42 Spruce Street, Sanford, ME 04073
$749,000
Property Type:
Multi-Family
Baths:
6
Square Footage:
3,514
Lot Size (sq. ft.):
3,920
Status:
Active
Current Price:
$749,000
List Date:
8/14/2025
Last Modified:
10/08/2025
Description
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!
Supplements: ********
More Information MLS# 1634323
Location Information
Book: 19155
Leased Land: No
Page: 0753
Map: 0J28
Block: 0027
Lot: 0000
Zoning Overlay: Unknown
Association: No
Tree Growth Y/N: No
Street #: 42
Street Name: Spruce
Street Type: Street
County: York
Town: Sanford
State/Province: ME
Zip Code: 04073
Zip +4: 2966
Zoning: u
Full Tax Amount $: 5990
Tax Year: 2024
Geo Lat: 43.444248
Geo Lon: -70.772586
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Number of Units: 6
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
2 Detached Houses on 1 Lot: No
Lot Size Acres +/-: 0.09
Total Baths: 6
Total Half Baths: 0
Color: WHITE
SqFt Finished Above Grade: 3514
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Furniture: Unfurnished
Garage: No
Garage Spaces: 0
Total Full Baths: 6
Year Built: 1900
SqFt Finished Total: 3514
Source of Acreage: Public Records
Site
Sidewalks: 1
Location
Intown: 1
Near Turnpike/Interstate: 1
Roads
Public: 1
Water Info
Water Frontage: No
Water View: No
Style
Colonial: 1
Construction
Wood Frame: 1
Structure Type
Post & Beam: 1
Levels
Multi-Level: 1
Basement
Full: 1
Foundation Materials
Block: 1
Poured Concrete: 1
Exterior
Vinyl Siding: 1
Roof
Shingle: 1
Heat System
Baseboard: 1
Hot Water: 1
Building Info
# Stories: 2
# Floors: 2
# Heating Units: 2
# Water Heaters: 2
Heat Fuel
Oil: 1
Income & Expenses
Gross Income: 102000
Operating Expenses: 34150
Cooling
None: 1
Floors
Brick: 1
Vinyl: 1
Wood: 1
Units
# of 1 BD Units: 2
# of 2 BD Units: 4
Parking
1 - 4 Spaces: 1
Unit 1
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1375
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1092
# Full Baths: 1
# of Rooms: 2
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1248
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
Natural - At Street: 1
Unit 4
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Sewer
Public Sewer: 1
Unit 5
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1575
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Water
Public: 1
Unit 6
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1625
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Driveway
Paved: 1
Restrictions
Breed Restrictions: 1
Pet: 1
Pet Weight Limit: 1
Basement Entry
Interior: 1
Water Heater
Off Heating System: 1
Oil: 1
Tank: 1
Patio and Porch Features
Deck: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Active
Original List Price: 819000
List Price: $749,000
Current Price: $749,000
Property Features
Site: Sidewalks
Location: Intown; Near Turnpike/Interstate
Roads: Public
Style: Colonial
Structure Type: Post & Beam
Levels: Multi-Level
Construction: Wood Frame
Basement: Full
Basement Entry: Interior
Foundation Materials: Block; Poured Concrete
Exterior: Vinyl Siding
Roof: Shingle
Heat System: Baseboard; Hot Water
Heat Fuel: Oil
Water Heater: Off Heating System; Oil; Tank
Cooling: None
Floors: Brick; Vinyl; Wood
Patio and Porch Features: Deck
Driveway: Paved
Parking: 1 - 4 Spaces
Vehicle Storage: No Vehicle Storage
Restrictions: Breed Restrictions; Pet; Pet Weight Limit
Electric: Circuit Breakers
Gas: Natural - At Street
Sewer: Public Sewer
Water: Public
Documents
Tax Card ›
Listing Office:
Tidal Realty Group
IDX
Last Updated: October - 08 - 2025
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