51 Tanguay Street, Sanford, ME 04073 (MLS# 1597853)

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51 Tanguay Street, Sanford, ME 04073

$625,000
Property Type: Multi-Family Baths: 3 Square Footage: 3,474 Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $625,000 List Date: 7/23/2024 Last Modified: 9/05/2024

Description

PRIVATE SHOWINGS SAT 12-2PM* 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!

Supplements: ********

More Information MLS# 1597853

Location Information

Street #: 51 Street Name: Tanguay Street Type: Street County: York Town: Sanford State/Province: ME Zip Code: 04073 Leased Land: No Book: 18654 Page: 0810 Map: 0H28 Block: 0037 Lot: 0000 Zoning: GR Zoning Overlay: No Association: No Full Tax Amount $: 4910 Tax Year: 2023 Geo Lat: 43.445349 Geo Lon: -70.766059

Contract Information

Status: Closed Original List Price: 599900 Sold Price: $625,000 Current Price: $625,000

Property Information

Surveyed: Unknown Seasonal: No Bank Owned REO: No Number of Units: 3 Total Baths: 3 Total Full Baths: 3 Year Built: 1925 SqFt Finished Above Grade: 3474 SqFt Finished Total: 3474 Garage: No Lot Size Acres +/-: 0.11 Source of Acreage: Public Records

Status Change Info

Pending Date: 2024-07-28 Closed Date: 2024-08-28 Closed Price: 625000

Water Info

Water Frontage: No Water View: No

Income & Expenses

Gross Income: 73800 Operating Expenses: 7410

Units

# of 2 BD Units: 3

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 2075 # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 2200 # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1850 # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Sold Info

Appraiser Email Address: BMARTIN@MAINE.RR.COM

Property Features

Site: Corner Lot; Level; Open; Well Landscaped Location: Near Town; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Style: Multi-Level; Shingle Style; Townhouse Construction: Wood Frame Basement: Partial; Unfinished Basement Entry: Interior Exterior: Clapboard; Vinyl Siding Roof: Shingle Heat System: Baseboard Heat Fuel: Oil Water Heater: Electric Cooling: None Floors: Carpet; Tile; Vinyl; Wood Driveway: Paved Parking: 5 - 10 Spaces Vehicle Storage: 4+ Car Electric: Circuit Breakers Gas: Other Gas Sewer: Private Sewer Water: Public
Listing Office: RE/MAX Shoreline
Last Updated: September - 05 - 2024
51 Tanguay Street, Sanford, ME 04073- MLS# 1597853
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