309 Sanford Road, Wells, ME 04090
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
309 Sanford Road,Wells, ME 04090
$995,000
- - Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: jeffrey jellison
Office: century 21 atlantic realty
MLS#:1653538
Source:ME_MREIS
Price summary
- Price:$995,000
About this home
Prime Southern Maine, Multifamily, Investment Opportunity. Rare opportunity to acquire a six-unit multifamily property set on over 3 acres in Wells, Maine, featuring two separate buildings on a single parcel with strong income potential and future upside. Strategically located with immediate access to I-95, the property offers convenient proximity to Wells schools, the renowned Wells beaches, and southern Maine's lakes region. The RC zoning district allows for a wide range of residential and commercial uses, creating additional long-term value and potential redevelopment opportunities. The property has been well maintained with several recent capital improvements, including renovations to four of the six units, a new roof on the rear building, and a new heating system installed in 2025. All six units are currently occupied with month-to-month tenants, providing immediate cash flow while allowing flexibility for a new owner to reposition rents, renovate remaining units, or explore future development potential. Opportunities like this--with acreage, multiple structures, favorable zoning, and proximity to Maine's coastal amenities--are increasingly difficult to find in today's market. Showings begin at the Open House on March 14th from 11:00 AM - 1:00 PM.
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Home facts
- Year built:1977
- Listing ID #:1653538
- Updated:March 06, 2026 at 07:56 PM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Carpet, Vinyl
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Year built:1977
- Lot Features:Level, Near Public Transit, Near Railroad, Near Town, Near Turnpike/Interstate, Open
- Architectural Style:Colonial
- Construction Materials:Composition, Vinyl Siding, Wood Frame
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$995,000
- Tax amount:$4,189 (2025)
Features and amenities
- Laundry features:Laundry - Coin
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