Exceptional opportunity to own a rare multi-structure multifamily asset in Sanford’s Historic District, less than 5 minutes from downtown shops, dining, and redevelopment. This unique property features two separate buildings configured for up to 5 income-producing units, including a main house with 2 basement apartments plus a separate rear duplex, creating multiple revenue streams and strong tenant demand. The majority of the property has been fully renovated with extensive upgrades throughout, blending historic charm with modern finishes. Improvements include: beautifully refinished original hardwood floors fresh interior and exterior paint upgraded kitchens new appliances updated fixtures and finishes renovated living spaces ready for immediate occupancy The result is a highly desirable turnkey asset with the character today’s tenants love and the updates today’s investors want. At full stabilization, the property is projected to gross approximately $5,600/month, with only the lower rear duplex unit left to finish, offering built-in value-add upside for the next owner. A major long-term upside component is the property’s historic multi-meter utility setup, supporting a strong grandfathering argument for expanded unit recognition beyond the city’s current 3-unit position (buyer to verify zoning and legal use). Whether you’re an investor seeking immediate cash flow, a house hacker wanting multiple offsets, or a portfolio buyer looking for a rare historic district asset, this property offers location, quality renovations, and significant upside all in one package. Buyer to verify unit count, zoning, and legal use.
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