51 Tanguay St, Sanford, ME | 51 Tanguay St
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51 Tanguay St, Sanford, ME 51 Tanguay St
3 Unit Apartment Building $599,900 ($199,967/Unit) 10.85% Cap Rate Sanford, ME 04073
Executive Summary
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!
Property Facts
| Price | $599,900 | Apartment Style | Low Rise |
| Price Per Unit | $199,967 | Building Class | C |
| Sale Type | Investment | Building Size | 4,240 SF |
| Cap Rate | 10.85% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment |
| Price | $599,900 |
| Price Per Unit | $199,967 |
| Sale Type | Investment |
| Cap Rate | 10.85% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 4,240 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1925 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Smoke Detector
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zoning
| Zoning Code | GR |
| GR |
-
Andy Yau -
Re/Max Shoreline
(603) 431-1111
x846
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51 Tanguay St, Sanford, ME | 51 Tanguay St
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