309 Sanford Road, Wells, ME 04090

Wells
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
  • 4,640 sq. ft.
  • Multi-family
  • Pending
Office: century 21 atlantic realty
MLS#:1653538
Source:ME_MREIS

Price summary

  • Price:$995,000
  • Price per sq. ft.:$214.44

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...

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Home facts

  • Year built:1977
  • Listing ID #:1653538
  • Updated:June 04, 2026 at 09:47 PM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Carpet, Vinyl
  • Living area:4,640 sq. ft.

Heating and cooling

  • Heating:Baseboard, Heating, Hot Water

Structure and exterior

  • Roof:Shingle
  • Year built:1977
  • Building area:4,640 sq. ft.
  • Lot area:3.14 Acres
  • 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
  • Price per sq. ft.:$214.44
  • Tax amount:$4,189 (2025)

Features and amenities

  • Laundry features:Laundry - Coin

Parking

  • Parking description:11 - 20 Spaces, Gravel
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

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