42 Spruce Street, Sanford, ME 04073

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$749,000

MLS#: 1634323

6 Bath

Type: Multi-family
Lot Size: 0.09 Acres
Year Built: 1900
Square Feet: 3,514

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Property Details

Exceptional investment opportunity in the heart of Sanford! This well-maintained and recently updated six-unit features a desirable unit mix and extensive recent improvements, making it a low-maintenance addition to any portfolio. Property includes four (4) 2BR/1BA apartments, one (1) 1BR/1BA, and one (1) studio—ideal for strong, diversified rental demand. Major exterior upgrades: new roof, vinyl siding, and decks! With over $100K in annual rental income, a strong proven rental history and Cap Rate of 8.3% makes this a great investment to any portfolio!

Property Listed by: Tidal Realty Group

Home Features

Bathrooms:

Below Grade Finished Area ±:

Above Grade Finished Area ±:

3514

Basement:

Construction:

Year Built:

1900

Roof:

Stories:

Stories total:

Heating:

Land Features

Electric:

Circuit Breakers

Lot Size ±:

0.09

Sewer:

Public Sewer

Zoning:

Map (approximate)

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. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.