About this home
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.
Listing last checked: Listing updated:
Listed by Listing Agent · The Boulos Company · MLS #1671525
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Details at a glance
Interior3 property facts
- Heating
- Oil, Baseboard, Hot Water
- Cooling
- None
- Flooring
- Vinyl, Wood
Building5 property facts
- Style
- Other
- Year built
- 1900
- Garage
- 0
- Foundation
- Block
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.1 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- U - Urban Zone
Financial2 property facts
- Annual taxes
- $6,346
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $675,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,942 / monthAdjust
- Principal & interest
- $3,413
- Property tax
- $529
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $6,346. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 42 Spruce Street
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