$689,000
9 Tanguay Street
Sanford
Listing Courtesy of
EXP Realty
9 Tanguay Street, Sanford, ME 04073
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.
Listing Courtesy of
EXP Realty
DETAILS
- Listing Id1583039
- StatusPending
- TypeMulti-Family
- SeasonalNo
- Map / Lot129 / 34
- Book / Page19376 / 731
- Sq Ft Finished Above Grade4664
- Sq Ft Finished Total4664
- Total Baths6 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemBaseboard, Hot Water
- CoolingNone
- ElectricCircuit Breakers
- BasementDirt Floor, Full, Interior Entry, Unfinished
- RoofMembrane, Shingle
- FloorsCarpet, Laminate
- GarageNo
- Lot FeaturesIntown, Neighborhood, Sidewalks
- Parking Features1 - 4 Spaces, Paved
- StyleHigh Rise, New Englander
- Checked For UpdatesFriday, May 3, 2024 at 7:32 PM
- IDX Listing UpdatedSaturday, March 9, 2024 at 1:01 PM
Loading...
Listing data is derived in whole or in part from the Maine IDX & 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. Privacy Policy
Anne Erwin Sotheby's International Realty participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded.