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$300,000 (USD)
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Sanford Area Multi-Family Home

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91 Brook Street Sanford, ME 04073

Bed
2 Baths
1768 sqft
MLS# 1647531
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Here's your chance to get your foot in the door of home ownership or add a cash-flowing investment to your portfolio. This classic over-under duplex is priced at $300,000 and offers solid rental income now with the opportunity for growth with the right updates and TLC.
The upper unit is a comfortable 2-bedroom currently occupied by long-term tenants, providing steady rental income from day one. The lower unit is a spacious 3-bedroom/1-bath, ready for you to rent out, modernize, or occupy yourself. With monthly income potential of $2,700 when both units are rented, this is an equity magnet waiting for someone who loves sweat equity.
Whether you're an investor or someone looking to owner-occupy with rental income helping cover your mortgage, this property delivers flexibility and opportunity. Imagine living in one unit and letting rent from the other help with your payment, or bringing both units up to date to maximize your return.
There's one-car garage space included that needs some work. You can renovate it for use, remove it entirely, or explore options for additional development depending on municipal approvals. With Maine's evolving housing landscape, creative buyers are thinking about how to maximize every corner of their property.
Bonus info on Maine housing rules: New statewide housing legislation requires that municipalities allow accessory dwelling units and makes it easier to add additional housing units on residential lots, and also eases zoning barriers for multifamily development. This means buyers thinking about adding an ADU or exploring expanded use of their land have more support under current state law than in the past. Buyers should always confirm local zoning and permitting requirements with Sanford's planning office to see what's possible here. 8% cap rate
Listing Courtesy of MAINE LISTINGS - IDX / Better Homes & Gardens Real Estate/The Masiello Group / Nichole Fecteau
$298,900 (USD)
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Sandwich Area Single Family Home

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10 Whiteface Road Sandwich, NH 03259

1 Bed
2 Baths
1350 sqft
MLS# 5045241
Virtual Tour
Three Season Schoolhouse in the Squam Lakes Region offers excellent high season rental potential by creating the perfect blend of history and modern comfort! This North Sandwich retreat offers prime access to Squam Lake’s sandy town beach/boat launch. Just a few miles from the trail-rich hamlet known as Ferncroft at the foothills of the White Mountains, close to the Potholes swimming hole, this location is a dream for hiking, swimming and outdoor enthusiasts. Just over 2 hours from Boston; 30 minutes from North Conway, the 1,350 SF main house features a first floor galley kitchen, 3/4 bath, spacious great room with an incredible tin ceiling and classic windows that fill the space with natural light. The half-story loft upstairs is a spacious primary suite with a half bath and dedicated workspace. Set on a roomy, level lot with perennial flower gardens and mature trees it creates a cool, shady canopy. The Amish built screened gazebo next to the rustic 14 x16' timber-framed cabin featuring a futon, mini fridge, composting toilet and loft; it is perfect for overflow guests, or out-of-town hikers looking for a long weekend getaway rental! This is a very rare opportunity to own a piece of local history in a town known for its natural beauty, mountain views, and vibrant artistic vibes. Perfect for your vacation spot , weekend escape, or artistic hideaway. An ideal rental opportunity in North Sandwich, close to Squam Lake and the renowned Squam Lakes Nature Center!
Listing Courtesy of PrimeMLS / Better Homes And Gardens Real Estate The Masiello Group / Franklin Sterling