, Sanford, ME 04073 (MLS# 1240841)

Sanford, ME 04073

$1,300,000

Property Type: Commercial Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $1,300,000 List Date: 10/13/2015 Last Modified: 12/13/2024

Overview

Description

27 Condos, all rented out - being sold as a package. Overlooking gorgeous Mousam River and Pond, and in great condition. Fine location with great rental history. Professionally managed currently, and you can keep the professional management company for a small fee, making your life and investment easy. 11 units are rent controlled/restricted until 2025. Note not necessarily readily assumable. More details are available on all this, but it the investment is a very unique one with tons of opportunity.

Listing Details MLS# 1240841

Location Information

County: York
Town: Sanford
State/Province: ME
Zip Code: 04073
Leased Land: No
Tax Year: 25224
Association Y/N: No

Contract Information

Original List Price: 1700000

Property Information

Primary Use: General Commercial
Surveyed: Yes
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Yes
Year Built: 1995
Lot Size Acres +/-: Yes

Status Change Info

Pending Date: 2016-08-22
Closed Date: 2017-03-22
Closed Price: 1300000

Commercial Bldg Information

Confidentiality Statement: Yes

Utilities

Utilities On: No

More Information

Construction

Wood Frame: Yes

Basement

Full: Yes

Foundation Materials

Poured Concrete: Yes

Exterior

Vinyl Siding: Yes

Roof

Shingle: Yes

Heat System

Baseboard: Yes
Hot Water: Yes

Heat Fuel

Propane: Yes

Floors

Other: Yes

Electric

Circuit Breakers: Yes

Gas

Bottled: Yes

Property Features

Construction: Wood Frame Basement: Full Foundation Materials: Poured Concrete Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Hot Water Heat Fuel: Propane Floors: Other Electric: Circuit Breakers Gas: Bottled

IDX

Listing Office: Pro Edge Realty

Selling Office: F.O. Bailey Real Estate

Last Updated: December - 13 - 2024

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. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.