127 Brook Street, Sanford, ME 04073 (MLS # 1630623)

PRICE $649,000 BEDS 0 BATHS 3 HOME SIZE 3,190 sqft LOT SIZE 7,841 sqft Request More Info Schedule a Showing

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.