Turnkey 6-Unit Multifamily

For Sale

42 Spruce St, Sanford, ME 04073

This Sanford property for sale is located at 42 Spruce St. The current listed sale price for Turnkey 6-Unit Multifamily is $675,000. Turnkey 6-Unit Multifamily is situated on a lot that is 0.1 acre in size.

Contacts

Noah Stebbins

The Boulos Company

Property Details

  • Property Type Multi-Family
  • Property Size 3,514 SF
  • Units 6
  • Lot Size 0.1 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Year Renovated 1980
  • Date Updated Aug 3, 2026
42 Spruce Street is a turnkey 6-unit multifamily investment property in an established in-town Sanford neighborhood, offering convenient access to downtown amenities, services, and major commuter routes just off Route 202.6-unit multifamily investment property in an established, in-town Sanford neighborhood, offering convenient access to downtown amenities, services, and major commuter routes Unit Mix: One (1) studio, one (1) 1-BR unit, & four (4) 2-BR units (separately metered electric). All units have been renovated. Situated in York County, one of Southern Maine's most active investment corridors, benefiting from regional growth and spillover demand from Greater Portland and the Seacoast Recent improvements include new roof, vinyl siding, & decks (2025) Opportunity to add three (3) additional bedrooms in the attic space if egress is installed. Confirm with City of Sanford. SALE PRICE: $675,000.00 | $112,500.00/unit | Cap Rate: 8.30%
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Getting around

  • 78/100

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  • 45/100

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Location

  • City Sanford, ME
  • Zip Code 04073
  • Market Portland ME

Points of Interest

  • Sunoco

    0.14 miles

  • Eastside Convenience

    0.36 miles

  • Citgo

    0.40 miles

  • Cumberland Farms

    0.70 miles

  • Big Apple Sanford

    0.75 miles

  • Gulf

    1.17 miles

  • Irving

    1.83 miles

  • Shell

    2.82 miles

  • Sanford Mid-Town Mall

    0.33 miles

  • Sanford Rail Trail Parking

    1.42 miles

  • Tenants Only

    1.87 miles

  • Visitors

    2.03 miles

  • Faculty

    2.09 miles

  • Students

    2.17 miles

  • Pines Edge Apartments

    2.26 miles

  • Mousam Way North Trail Parking

    3.07 miles

  • Carts

    5.32 miles

  • Buses

    6.52 miles

  • The Oakwood Inn

    0.54 miles

  • Sanford Inn

    3.48 miles

  • Super 8 by Wyndham

    4.58 miles

  • Rogers Supa Dolla

    0.11 miles

  • Hannaford

    0.51 miles

  • Sleeper's Market

    0.52 miles

  • Jerry's Market

    0.87 miles

  • Save-A-Lot

    1.96 miles

  • Shaw's

    2.56 miles

  • Walmart Supercenter

    4.74 miles

Contact Listing Broker
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