Multi-Family for Sale: 16 Railroad Avenue, Sanford, ME 04083

3 full baths
$525,000
$525,000
16 Railroad Avenue, Sanford, ME 04083
3 full baths
$525,000
Remove from
FavoritesAdd to
Favorites		 Add to
Trip Map		 Hide Share or
Email
Price:
$525,000
Est. payment: Skip to Mortgage Calculator

Get Pre-Approved

Type Multi-Family
Style Multi-Level
Total Baths 3 full baths
Square Feet 2,442 sqft
Lot Size 0.21 acres
Year Built 1920
Taxes Paid $4,294
City Sanford
County York
MLS 1604752
Status Active Under Contract
BACK ON MARKET DUE TO NO FAULT OF ITS OWN. PRIVATE SHOWINGS SAT OCT 19 1-3***Absolutely beautiful triplex with excellent curb appeal, ideal for owner-occupancy or as an investment opportunity with a potential cap rate of 10.76%. This property boasts exceptional curb appeal, highlighted by attractive cedar shingle siding, a young roof, and recently updated windows and doors. The inviting farmer's porch, constructed with durable composite decking, offers a perfect space to relax and enjoy the outdoors year-round. The lower unit, a small one bedroom has been recently updated with bright white kitchen cabinets, updated bathroom and tile flooring. The spacious lot offers ample parking, and the double egresses with the newer back stairs, provide added convenience. The location can not be more convenient as it is located right across from Mousam Way trails where residents can enjoy walking, biking, and exploring the beautiful natural surroundings. Act fast as this will not last.

Room Features

Basement Description Exterior Only

Lot & Building Features

Cooling Other
Tax Year 2023
Taxes Paid $4,294

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 4
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 5
Unit 3 Full Baths 1
Unit 3 of Bedrooms 2
Unit 3 of Rooms 6

Price History of 16 Railroad Avenue, Sanford, ME

Date Name Price Difference
09/24/2024 Listing Price $525,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$400,000
$163 / sqft
Average
$417,167
$171 / sqft
High
$460,000
$197 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Sanford 04083 0 3.0 $525,000 2,442 $215 N/A
22 Brook Street Sanford 04073 0 4.0 $460,000 2,332 $197 03/14/2024
786 Main Street Sanford 04073 0 3.0 $410,000 2,478 $165 07/26/2024
3 Lincoln Street Sanford 04073 0 3.0 $400,000 2,623 $152 06/24/2024
1 Middle Street Sanford 04073 0 2.0 $405,000 2,376 $170 08/23/2024
25 Prescott Street Sanford 04073 0 2.0 $428,000 2,342 $183 09/12/2024
34 Shaw Street Sanford 04073 0 3.0 $400,000 2,460 $163 10/03/2024

Open new tab for directions to this property
Map of 16 Railroad Avenue, Sanford, ME

Location Map Street View

Inquire about this property

Photo of Mitchell Zahn
Direct: 603-554-2051
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by RE/MAX Shoreline, Andy Yau 603-431-1111
$
20%
0.81790476190476%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Browse By Area

16 Railroad Avenue (MLS #1604752) is a multi-level multi-family listing located in Sanford, ME. This multi-family listing is 2,442 sqft and on a lot of 9,148 sqft (or 0.21 acres) and is 104 years old. This property was listed on 09/24/2024 and has been priced for sale at $525,000.

The multi-family listing at 786 Main Street in Sanford is nearby and sold for $410,000 on 07/26/2024. Another nearby multi-family listing, 3 Lincoln Street in Sanford sold for $400,000 on 06/24/2024.

Nearby zip codes are 03906, 04002, 04027, 04073 and 04076. This property neighbors other cities such as Alfred, Lebanon, North Berwick, Shapleigh and Waterboro.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Shoreline

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.