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127 Brook Street, Sanford, ME 04073

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For Sale

$649,000

3 baths • 3,190 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $203.45
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Unique Opportunity: Renovated Single-Family Home + Income-Producing Duplex in Sanford. Discover a rare gem in Sanford's vibrant downtown area! This property offers two homes on one lot a beautifully renovated 2-bedroom single-family home and an income-generating duplex, perfect for investors, first-time buyers, or budget-conscious homeowners seeking a low-maintenance lifestyle with rental income to offset costs. Single-Family Home: Modern Comfort Newly Renovated: 2 bedrooms, 1 bathroom (1,400 sq. ft.) with brand-new stainless steel appliances, Quartz countertops, durable LVP flooring, and a sleek walk-in tiled shower. Flexible Space: Dedicated office area and a partially finished lower level that can easily be converted into a 3rd bedroom with minimal effort. Private Outdoor Space: Enjoy a fenced side yard, perfect for relaxing or entertaining. Recent Upgrades: New roof installed in 2024 for worry-free ownership. Income-Producing Duplex: Steady Cash Flow Two 2-Bedroom Units: Each unit (approx. 900 sq. ft.) features 2 bedrooms, 1 bathroom, ample storage, and versatile flex space ideal for an office or small bedroom. Reliable Income: Both units are leased to excellent tenants, generating $3,300/month in rental income, significantly offsetting mortgage costs. Value-Add Potential: Unfinished basement offers space for coin-operated laundry to boost revenue further or consider adding a separate boiler to completely separate utilities Property Highlights Prime Location: Steps from Number One Pond and Sanford's revitalized downtown project. Less than 30 minutes to the Beach Ample Parking: Plenty of off-street parking for residents and guests. Low Maintenance: Separate utilities for each building (shared water/sewer only) and recent upgrades ensure minimal upkeep. Lot Size: 0.18 acres, offering space and flexibility within Sanford's Urban Zone Perfect For First-Time Buyers: Live in the single-family home and let rental income ease your mortgage.
MLS# 1630623

Courtesy Of Sell Your Home Services
21 Ninth St, East Providence, RI 02914
(888) 219-3009

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Laminate, Vinyl, Wood
  • Heating System
    Forced Air
  • Lot Size
    0.18 Acres

Map and Directions

Directions to 127 Brook Street, Sanford, ME 04073

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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