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Multi-Family for Sale: 16 Railroad Avenue, Sanford, ME 04083 SOLD

3 full baths
$525,000
$525,000
16 Railroad Avenue, Sanford, ME 04083 SOLD
3 full baths
$525,000
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Selling Price: $525,000
Original List Price: $525,000
Sold at 100.0% of list price
Sold Date: 11/20/2024
Type Multi-Family
Style Multi-Level
Total Baths 3 full baths
Square Feet 2,442 sqft
Lot Size 0.21 acres
Year Built 1920
Taxes Paid $4,294
City Sanford
County York
MLS 1604752
Status Closed
DOM 57 days
BACK ON MARKET DUE TO NO FAULT OF ITS OWN. PRIVATE SHOWINGS SAT OCT 19 1-3***Absolutely beautiful triplex with excellent curb appeal, ideal for owner-occupancy or as an investment opportunity with a potential cap rate of 10.76%. This property boasts exceptional curb appeal, highlighted by attractive cedar shingle siding, a young roof, and recently updated windows and doors. The inviting farmer's porch, constructed with durable composite decking, offers a perfect space to relax and enjoy the outdoors year-round. The lower unit, a small one bedroom has been recently updated with bright white kitchen cabinets, updated bathroom and tile flooring. The spacious lot offers ample parking, and the double egresses with the newer back stairs, provide added convenience. The location can not be more convenient as it is located right across from Mousam Way trails where residents can enjoy walking, biking, and exploring the beautiful natural surroundings. Act fast as this will not last.

Room Features

Basement Description Exterior Only

Lot & Building Features

Cooling Other
Tax Year 2023
Taxes Paid $4,294

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 4
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 5
Unit 3 Full Baths 1
Unit 3 of Bedrooms 2
Unit 3 of Rooms 6

Price History of 16 Railroad Avenue, Sanford, ME

Date Name Price Difference
09/24/2024 Listing Price $525,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Listed by RE/MAX Shoreline, Andy Yau 603-431-1111
Sold by Keller Williams Realty, Kimberly Thomas 207-879-9800
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20%
0.81790476190476%
6.75%
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Listing information courtesy of: RE/MAX Shoreline

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.