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Turnkey 6-Unit Multifamily Property

42 Spruce St Sanford, ME 04073

New
42 Spruce St, Sanford, ME, 04073
$675,000
For Sale
$675,000

Six renovated, separately metered units include one studio, one 1-bedroom, and four 2-bedroom apartments.

Days on Market3

Property Features for 42 Spruce St

General Information

Standard status
Active
Property subtype
Multi-Family

Building Details

Year Built
1900
Listing agency The Boulos Company
Listed by Noah Stebbins · License #BR928219
Source Commercialcafe
Added: Jul 20 Updated: Jul 21 at 12:30PM Checked: Jul 22 at 3:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulos Company


Investment Insights

Based on property information with market context.

42 Spruce Street is a turnkey six-unit multifamily property with a unit mix of one studio, one 1-bedroom unit, and four 2-bedroom units. The apartments have all been renovated and the units are separately metered for electric.

Recent improvements include a new roof, vinyl siding, and decks installed in 2025. The building is located in an in-town Sanford neighborhood with convenient access to downtown amenities, services, and major commuter routes just off Route 202.

Additional opportunity may exist to add three bedrooms in the attic space if egress is installed, subject to confirmation with the City of Sanford.

Key Highlights

  • Turnkey 6‑unit multifamily property with one studio, one 1‑bedroom, and four 2‑bedroom units
  • All units have been renovated and are separately metered for electric
  • Recent improvements include new roof, vinyl siding, and decks (2025)

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Bakery Garden Center Catering Service Skin Care Clinic Plumbing Service (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six renovated, separately metered units include one studio, one 1-bedroom, and four 2-bedroom apartments.
Where is this apartment building located?
The property is located at 42 Spruce St Sanford, ME.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Turnkey 6‑unit multifamily property with one studio, one 1‑bedroom, and four 2‑bedroom units; All units have been renovated and are separately metered for electric; Recent improvements include new roof, vinyl siding, and decks (2025)
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