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309 Sanford Road

Wells

$995,000

beds   ·   6 baths   ·   4,640 sqft   ·   3.14 acres   ·   taxes: $4,189   ·   MLS#: 1653538

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.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1977
  • Style : Colonial
  • Flooring : Vinyl, Carpet
  • Roof : Shingle
  • Basement : None, Not Applicable
  • Heating : Hot Water, Baseboard
  • Cooling : None

Site

  • Water Source : Public
  • Utilities : Utilities On
  • View : Trees/Woods
  • Sewer : Public Sewer
  • Zoning : RC
  • Road Surface Type : Dirt
Listing provided by CENTURY 21 Atlantic Realty

Listing 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.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy