9 Tanguay Street Sanford, ME 04073
Sanford, ME 04073
$689,000
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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...
- 6
- Full Baths
- 4,664 Sq Ft.
- Interior
- .08 Acres
- Exterior
- Multi Family
- Property type
- 1850
- Year Built
- 1583039
- Web Id
- 1583039
- MLS ID
This Property is Currently Contract Pending
- 2.3000
- Buyer Agency Compensation
About 9 Tanguay Street
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, MREIS MLS"
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
"Listing Courtesy of EXP Realty, MREIS MLS"
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Amenities
- Carpeted Floors
features
- cooling
- Propane Heating
- lot description
- laminate flooring
- Additional Listing Type
- In Contract
PROPERTY INFORMATION
- Basement
- Dirt Floor, Full, Interior Entry, Unfinished
- Heating
- Hot Water, Baseboard
- Parking Description
- 1 - 4 Spaces, Paved
- Sewer
- Public Sewer
- Style
- High Rise, New Englander
- Water
- Public
EXTERIOR
- Construction
- Vinyl Siding, Wood Frame
- Lot Description
- Sidewalks, Intown, Neighborhood
- Roofing
- Membrane, Shingle
INTERIOR
- Flooring
- Laminate, Carpet
ADDITIONAL INFORMATION
- Number of Units
- 6
Listing Courtesy of EXP Realty