About This Home

This 0-bedroom, 5-bathroom single family at 1597 Sanford Road in Wells, ME is listed for $575,000 ($153 per sqft). Built in 1972, the home offers 3,769 sqft of living space on a 1.99 acres lot.

Key Features

  • Built in 1972
  • 1.99 acre lot
  • Waterfront

Property Details

5 full
2-car garage
1972

Amenities

Waterfront
Listing 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 re

nted, 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.

Monthly Cost Estimate

$3,075/mo

20% down · 6.5% · 30 years

Principal$416
Interest$2,492
Insurance$168

Estimates only. Actual payments may vary.

Location

1597 Sanford Road

Wells, ME 04090

Features & Amenities

Interior Features

1st Floor Bedroom1st Floor Primary Bedroom w/BathStorage

Property Details

Flooring

LaminateVinylConcrete

Construction

Mobile Wood Frame Aluminum Siding Block Vinyl Siding

Outdoor Features

Deck

Heating

OilKeroseneForced AirHeat Pump (Heating)Electric (Heating)

Questions & Answers

This 0-bedroom, 5-bathroom single family at 1597 Sanford Road is listed at $575,000 ($153/sqft). The estimated monthly payment is $3,076 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1972, 1.99 acre lot, Waterfront. Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Storage.

This property is listed by Jason Clark.

JC

Jason Clark

Agent at Coldwell Banker Realty

Listed by Coldwell Banker Realty · Broker phone: 2079679900 · View on Broker Site · Broker website

MLS# 1664129· Source: Maine Listings· 5 days on PropertySimple

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1597 Sanford Road, Wells, ME 04090

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