3-Unit Triplex with Enclosed
New
For Sale
$559,999
97 Twombley Road, Sanford, ME 04073
Multi-Family, Sanford, ME
Property Size3,000 SF
Lot Size0.44 Acres
Price / SF$186.67
Days on Market2
Property Features for 97 Twombley Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
SFR
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Basement, Bathroom 2
Parking features
Off Street
Basement
Unfinished
Lot features
Open, Sidewalks, Intown
Standard status
Active
Size
3,000 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5079
Utilities
Sewer type
Public Sewer
Heating system
Kerosene, Oil, Baseboard, Hot Water(Heating)
Water source
Public
Building Details
Year built
1915
Number of units
3
Flooring type
Vinyl, Carpet
Building materials
Wood Frame, Vinyl Siding, Wood Siding
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Franklin Katunda
(207) 518-8371
Added: Oct 14
Last Checked: Oct 15 at 6:06AM
MLS# 1684242
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,000-square-foot triplex contains three apartments: the first- and second-floor units each have three bedrooms, one bathroom, and laundry hookups; the third-floor apartment has one bedroom and one bathroom. Enclosed porches add usable space. The building dates to 1915, and the sewer piping has been updated. Renovation work on the second-floor apartment is being completed.
The property occupies a 0.44-acre corner lot in Sanford and has off-street parking. Public water and sewer serve the building, which is zoned SFR.
The property occupies a 0.44-acre corner lot in Sanford and has off-street parking. Public water and sewer serve the building, which is zoned SFR.
Key Highlights
- Three apartments: two 3‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- 3,000 square feet of building area
- 0.44‑acre corner lot in Sanford
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,785
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,700
$1.0M
Cap Rate 7%
$725,500
$725.5K
Cap Rate 9%
$564,278
$564.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$76.3K $25.44/SF
− Vacancy
−$3.8K −$1.26/SF
EGI
$72.5K $24.18/SF
− OpEx
−$21.8K −$7.25/SF
NOI
$50.8K $16.93/SF
Area
York County, ME
Vacancy
4.94%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,700
Cap Rate 7%
$725,500
Cap Rate 9%
$564,278
Alternative Uses
Best Use
Multifamily LT 5
$725.5K
$634.8K – $846.4K
NOI $50,785 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$662.3K
$579.5K – $772.7K
NOI $46,363 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$951.0K
$832.1K – $1.11M
NOI $66,569 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Explore this area
Business Placement
Demographics for 04073, ME
17,283
Population
7,772
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
37.7 sq mi
ZIP Area
458
Density / Sq Mi
$69,135
Median Household Income
$42,758
Median Earnings
$1,145
Median Rent
$259,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - The three apartments provide a mix of two three-bedroom layouts and one one-bedroom unit.
Where is this triplex located?
The property is located at 97 Twombley Road Sanford, ME.
What is the asking price?
The asking price for this property is $559,999.
What are key features of this property?
This property features: Three apartments: two 3‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; 3,000 square feet of building area; 0.44‑acre corner lot in Sanford
