1597 Sanford Road
Property Description
Presenting a prime investment opportunity in Wells, Maine! There are very few waterfront multi-family properties available, but here is your opportunity to add one to your portfolio with river frontage and close access to the highway and beaches. This waterfront multi-unit property features three homes on one lot: a single-wide that is currently rented, a 4-bedroom double-wide that will be completely renovated by closing, and a 2-bedroom home that is ready for your finishing touches. The rented unit is tucked into the back of the lot and includes a storage shed and peaceful views of the forest and Merriland River. You and your guests will enjoy the completely remodeled 4-bedroom home with its spacious yard and deck overlooking the river. The connected garage offers additional convenience for storage or perhaps additional rental income. The front home has been updated with new wiring and plumbing, and is waiting for you to make it your own. There is so much potential here - you could use this property strictly for rental income, or leave one unit for yourself to enjoy the peaceful Maine setting and all that Wells has to offer.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $629,000 |
| No. of Units: | 3 |
| Year Built: | 1972 |
| Lot Size: | 3,769.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $209,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 5 |
ID: 3yd-MREISME-1664129
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