Multi-Family for Sale: 9 Tanguay Street, Sanford, ME 04073 SOLD

6 full baths
$645,000
$645,000
9 Tanguay Street, Sanford, ME 04073 SOLD
6 full baths
$645,000
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Selling Price: $645,000
Original List Price: $689,000
Sold at 93.6% of list price
Sold Date: 05/10/2024

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Type Multi-Family
Style High Rise, New Englander
Total Baths 6 full baths
Square Feet 4,664 sqft
Lot Size 0.08 acres
Year Built 1850
Taxes Paid $5,514
City Sanford
County York
MLS 1583039
Status Closed
Well maintained, city inspected, legal 6 unit being sold at a 9.5 Cap Rate. Property consists of two - 3 bedroom 1 bath apts, and 3- two bedroom 1 bath apts, and one - 1 bedroom. Revenue is $99,000, operating expenses approximately $25,400, add the 3% vacancy and a $4,800 mgt fee you are looking at a NOI of $66,116+/- hitting the 9.5 cap. Also available to interested parties is the level vacant lot diagonally across the street at 12 Island Ave for $30,000. Current leases include electricity and heat, there are 7 meters for the building and natural gas option on site. Both 9 Tanguay and 12 Island Av are surveyed. This is nice building to own as the numbers work. Easy to show Saturday 10am, 11am, 12pm.

Room Features

Basement Description Dirt Floor, Unfinished, Interior Entry, Full

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $5,514

Unit Features

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

Price History of 9 Tanguay Street, Sanford, ME

Date Name Price Difference
02/29/2024 Listing Price $645,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 9 Tanguay Street, Sanford, ME

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Photo of Sandy Laguerra
Direct: 603-521-2372
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by EXP Realty, Roslind Anton 888-439-8743
Sold by Keller Williams Realty, Alexandru Pirleci 207-879-9800
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20%
0.85488372093023%
6.75%
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Listing information courtesy of: EXP Realty

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.