51 Tanguay St - Apartments FOR SALE


Sanford, ME 04073
$599,900 USD
603-431-1111
51 Tanguay St, Sanford, ME for Sale
$599,900 USD
Apartments - FOR SALE
1/77
null | 10.85% Cap Rate

51 Tanguay St
Sanford, ME 04073


OVERVIEW

Welcome to the triplex with 9 bedrooms that everyone has been looking for with an unbelievable rare current cap rate of 10.85%. Cashflow cashflow cashflow! Each unit has been updated with new electrical, heating and plumbing. The units include updated bathrooms and kitchens. Tour through the units and experience the modern recess lighting, and new luxury vinyl flooring throughout. The ideal layout offers comfortable and efficient living, complemented by scenic balcony views from each unit. With separate utilities, and new windows, this triplex ensures low expenses and peace of mind. Excellent curb appeal is highlighted by a young roof and sharp siding. Perfectly positioned within walking distance to the picturesque Mousam River, this triplex combines location, modern updates, and excellent cashflow. Act fast as this will not last!

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$142 USD /SF

# OF UNITS

3

PRICE/UNIT

$199,967

CAP RATE

10.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

51 Tanguay St, Sanford, ME

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

GR

APN/PARCEL ID

SANF M:0H28 B:37

ASK ABOUT THIS PROPERTY

Andy YauRe/Max ShorelineMore Info
603-431-1111

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Andy YauRe/Max ShorelineMore Info
603-431-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.