3 Montreal Street, Sanford, ME, 04073
About This Home
Investment opportunity in the heart of Sanford! This spacious two-unit property features two 3-bedroom, 1-bath apartments, offering excellent income potential for investors or a great owner-occupied setup. With over 2,100 square feet of living space, a detached garage, and a corner-lot location, there is plenty of room for tenants, storage, and future improvements. Conveniently located near downtown Sanford, shopping, restaurants, schools, and local amenities. Whether you're looking to add to your portfolio or offset your mortgage with rental income, this versatile multi-family property is packed with potential.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1914
Materials
- Roof: Other
- Construction materials: Wood Frame,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Bulkhead,Interior Entry,Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Vinyl
- Finished area below ground: 170
- Finished area above ground: 2,219
Heating & Cooling
- Heating features: Baseboard
- Cooling features: None
Interior Area
- Total structure area: 2,389
- Total interior livable area: 2,389 sqft
Property
Details
- Parcel number: SANFM0H28B42
- Zoning: Urban
Lot
- Lot size: 6,969 sqft
- Features: City Lot,Corner Lot
Parking
- Total spaces: 2
- Parking features: Paved,1 - 4 Spaces
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Hurricane
- Lightning
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,194 | $26,328 |
| Home Insurance | $123 | $1,476 |
| Property Taxes | $549 | $6,588 |
| Electricity | $347 | $4,167 |
| Total | $3,213 | $38,556 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-24 | Price change | $434,000 |
| 2026-06-04 | Listed for sale | $460,000 |
| 2025-08-29 | Listing removed | $465,000 |
| 2025-04-29 | Listed for sale | $465,000 |
| 2025-03-16 | Pending sale | $465,000 |
| 2025-03-08 | Price change | $465,000 |
| 2025-03-03 | Listed for sale | $480,000 |
| 2023-10-24 | Sold | $290,000 |
| 2023-08-03 | Pending sale | $285,000 |
| 2023-07-26 | Listed for sale | $285,000 |
| 2023-07-17 | Pending sale | $285,000 |
| 2023-07-07 | Listed for sale | $285,000 |
For Sale by Agent
View on Zillow