34 Island Avenue

Sanford, ME 04073

$322,400
Price
6
Beds
2,016 Sq. Ft.
$160 / Sq. Ft.
2,016
Sq. Ft.
$160
per Sq. Ft.

Description

This two-unit rental property is a fantastic opportunity for anyone looking to generate reliable income while enjoying the benefits of property ownership in a growing community. Whether you're an investor or a homeowner looking for a smart way to offset your mortgage, this property offers both flexibility and financial stability. First floor unit will be vacant. Property Deed will be updated to include an easement of a 28x40 section of the adjacent lot to use for 4 tandem parking spots for this property.This two-unit rental property is a fantastic opportunity for anyone looking to generate reliable income while enjoying the benefits of property ownership in a growing community. Whether you're an investor or a homeowner looking for a smart way to offset your mortgage, this property offers both flexibility and financial stability. First floor unit will be vacant. Property Deed will be updated to include an easement of a 28x40 section of the adjacent lot to use for 4 tandem parking spots for this property.
  1. Listed by Barbara Marzoli • Keller Williams Coastal and Lakes & Mountains Realty

Property Details for 34 Island Avenue

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage
No
Zoning
Residental
LISTING UPDATED: 03/10/2025 07:07 PM

Property Details for 34 Island Avenue

StatusActive
MLS #1612002
Days on Market67
Taxes$3,502 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1920
Lot Size0.04 AC / 1,742 SF
CountyYork County

Building Information for 34 Island Avenue

Stories-Residences2Year Built1920Building Size-Lot Size0.04 AC / 1,742 SF

Property Information for 34 Island Avenue

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 2940
  • Directions: Take a left onto Island Ave at the corner of Thompson Ave, property is second on left, there is no parking. Continue a little futher on the left there is a vacant lot with a for sale sign that can be parked on.
  • Town: Sanford
  • State/Province: ME
  • Zip Code: 04073
  • County: York
  • Geo Latitude: 43.443807
  • Geo Longitude: -70.769631
  • Tax Lot: 048A
  • Site:Sidewalks: Yes
  • Location:Near Town: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Other, Off Street, Tandem
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 17234
  • Tax Map Number: 0128
  • Tax Year: 2024
  • Parcel Number: SANF-000048A-I000028
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,502.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2016.0
  • Lot Size Acres: 0.04
  • Source of Acreage: Public Records
  • Building Area Total: 2016.0
  • Lot Size Area: 0.04
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1742.4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 34
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Source of Road Frontage: Deed
Parking
  • Driveway:Other: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1920
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Exterior Only, Unfinished
  • Flooring: Laminate, Carpet
  • Cooling: None
  • Heating: Baseboard
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $33,360.00
  • Operating Expenses: $1,000.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: Second
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,390.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,390.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 3.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 34 Island Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 34 Island Avenue

Taxable ValueLand$18,900Additions$198,100Total$217,000
Tax Record2024$3,502 ($292 / month)
Home Facts
Baths2Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtStories2Lot Size1,760 SqFtStyleDuplexYear Built1920ZoningGRCountyYORKAPNSANF M:0I28 B:048A

Schools near 34 Island Avenue

This home is within Sanford Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 5 to 7
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Lafayette School
PublicPK to 3

Sanford Jr High School
Public5 to 7

Sanford High School
Public9 to 12

Sanford Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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34 Island Avenue is a multi-family home for sale in Sanford, ME 04073. This property was listed for sale on January 2, 2025 by Keller Williams Coastal and Lakes & Mountains Realty, it's currently listed at $322,400. It has been on the market for a total of 67 days and was last sold on May 16, 2016. This listing's school district is Sanford Public Schools. Nearby schools include Lafayette School, Sanford Jr High School and Sanford High School. 34 Island Avenue is a 6-bed, 2-bath, 2,016 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Coastal and Lakes & Mountains Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.