Closed

$438,000

22 Charles Street, Sanford, ME 04073

7beds

2,938sqft

Multi Family

Built in 1900

-- sqft lot

$505,700 Zestimate^®

$149/sqft

$2,198 Estimated rent

Home value

$505,700

$475,000 - $531,000

$2,198/mo

Zestimate^® history

Owner options

List your home for rent

$2,198/mo

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$2,198/mo

Rent Zestimate^®

Refinance and save

$2,169/mo

Est. payment

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$2,169/mo

Est. payment

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What's special

Discover 22 Charles Street, a fully leased 3-unit investment property in the heart of downtown Sanford, Maine. This well-maintained property offers immediate, stable rental income with high occupancy rates. Each unit is leased to reliable tenants who pay their own utilities, ensuring consistent cash flow. Located near shops, restaurants, and public transportation, it provides convenience and appeal for tenants. Recent separate heating system upgrades and ample parking enhance the property's value and tenant satisfaction. With its prime downtown location and solid rental history, 22 Charles Street promises a lucrative return on investment. Reach out to schedule your showing.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Heat Pump, Hot Water

Cooling

Heat Pump

Features

1st Floor Bedroom, Bathtub, Walk-In Closet(s)
Flooring: Carpet, Vinyl
Basement: Exterior Entry,Full,Unfinished

Interior area

Total structure area: 2,938
Total interior livable area: 2,938 sqft
Finished area above ground: 2,938
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Common, Other, Paved, 1 - 4 Spaces, Detached
Garage spaces: 2

Features

Levels: Multi/Split
Stories: 2
Patio & porch: Porch

Lot

Size: 6,969 sqft
Features: City Lot, Near Shopping, Level, Sidewalks, Landscaped

Details

Parcel number: SANFM0L27B34
Zoning: UB

Construction

Type & style

Home type: MultiFamily
Architectural style: Greek Revival,Other
Property subtype: Multi Family

Materials

Wood Frame, Clapboard
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Sanford

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
7/19/2024	Sold	$438,000+3.1%$149/sqft
Source: Maine Listings #1590592 Report a problem
6/12/2024	Pending sale	$425,000$145/sqft
Source: Maine Listings #1590592 Report a problem
5/30/2024	Contingent	$425,000$145/sqft
Source: Maine Listings #1590592 Report a problem
5/23/2024	Listed for sale	$425,000+107.3%$145/sqft
Source: Maine Listings #1590592 Report a problem
8/31/2020	Sold	$205,000+20.6%$70/sqft
Source: Agent Provided Report a problem
10/3/2005	Sold	$170,000$58/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,772	$315,200
2023	$4,772 +2.3%	$315,200
2022	$4,665 +16.3%	$315,200 +42.8%
2021	$4,012	$220,700
2020	$4,012 +2.1%	$220,700 +16.2%
2019	$3,931 +1%	$189,900
2018	$3,893 -1.2%	$189,900
2017	$3,939 +8.7%	$189,900 +19.1%
2016	$3,625 +3.2%	$159,400
2015	$3,513 +1.9%	$159,400
2014	$3,446 +2%	$159,400
2013	$3,379 -2.7%	$159,400 -11.3%
2012	$3,472 +10.3%	$179,700
2011	$3,148 -8.9%	$179,700 -14.6%
2009	$3,455 -2.4%	$210,400 -6.7%
2008	$3,539 +1.3%	$225,400 -5.8%
2006	$3,495	$239,400