#1611738, Listing Office: Keller Williams Coastal and Lakes & Mountains Realty
Property details
About 440 Mount Hope Rd
Attention investors and owner-occupants: this value-add property offers a rare combination of immediate rental income and long-term potential. Nestled on 3 private acres, you'll find a 3-unit multi-family building plus a stand-alone single-family home, perfect for maximizing returns or creating a unique living arrangement. Each unit is individually metered for heat and electricity, making it easy to manage, while in-unit washer/dryer hookups and off-street parking enhance tenant appeal. With two units already occupied, you can start earning income from day one. There's also untapped potential to elevate rents or build equity through updates, unlocking even more value! Whether you're looking to expand your portfolio or secure a property with multiple income streams, this one offers the perfect mix of flexibility and potential to meet your investment goals. White the building does need some love, the Seller is highly motivated!
Highlights
Home typeOther
HeatingZoned, Hot Water, Baseboard
StatusActive
Size3,536 sqft
BasementYes
Lot size3 Acres
Year built1888
Parking5 - 10 Spaces, Paved, Common, On Site, Off Street
MLS #1613302
Summary
- MLS Number: 1613302
- MLS Name: Maine Listings
- Office Name: Keller Williams Realty
- Office Phone: (207) 879-9800
- Office Email: klrw318@kw.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. 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. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,000
440 Mount Hope Rd
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $398,400 | $6,032 |
| 2022 | $398,400 | $5,896 |
| 2021 | $254,700 | $4,630 |
| 2020 | $228,600 | $4,609 |
| 2019 | $155,100 | $3,211 |
History based on county public records data.
Nearby schools
5
Margaret Chase Smith
Public District PK-4
2.0 mi
•248 Twombley Rd
4
Willard School
Public District 1-4
2.6 mi
•668 Main St
3
Carl J Lamb School
Public District KG-4
3.3 mi
•233 Shaws Ridge Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,635. Most Sanford, ME residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
42%
<35k
40%
35k-100k
17%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
39%
Single, No Kids
17%
Single, with Kids
27%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Family Dollar
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Dominos Pizza
What do the neighbors drive?
Chevrolet
Buick
Ford
What do the neighbors listen to?
Country
Oldies
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Sanford, ME
About 440 Mount Hope Rd
This home is located at 440 Mount Hope Rd in Sanford, ME and zip code 04073. This 3,536 square foot home, which was built in 1888, sits on a 3.00 acre lot. Features: 4 bathrooms. It is currently priced at $399,000.
From Rocket Homes Real Estate and based on county public records data.