$849,999
MLS#: 1653362
- Type: Multi-family
- Lot Size: 1 Acres
- Year Built: 1974
- Square Feet: 3,168
Property Details
Rare Fourplex Opportunity in Wells, Maine - 1646 Branch Road
Investors take notice! This rare four-unit property in desirable Wells, Maine offers strong rental income with additional upside potential. Each unit features 2 bedrooms and 1 full bath, providing an ideal layout for long-term tenants.
Units A & B are heated with efficient kerosene monitor heaters, while Units C & D have been updated with newer Rinnai propane heaters, offering improved efficiency and reliability. One unit will be delivered vacant at closing--perfect for an owner-occupant looking to offset their mortgage or for an investor seeking immediate rent growth.
Current rents are solid with room for improvement, making this a strong value-add opportunity in a high-demand rental market. Conveniently located near area beaches, shopping, and commuter routes, this property combines steady income potential with long-term appreciation in one of Southern Maine's most sought-after communities.
Property Listed by: River's Edge Realty LLC
Home Features
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
3168
Land Features
Electric:
Circuit Breakers
Sewer:
Private Sewer, Septic Tank
Map (approximate)
