309 Sanford Road, Wells, Maine 04090
1/18

$995,000 USD

Multi Family Home for Sale, 309 Sanford Road, Wells, Maine 04090

  • MLS#1653538
  • 10
  • 6

Listed By CENTURY 21 Atlantic Realty

The Multi Family Home for Sale located at 309 Sanford Road, Wells, Maine 04090 is currently for sale. 309 Sanford Road, Wells, Maine 04090 is listed for $995,000. This property has 10 bedrooms, 6 bathrooms.

Date Updated : Mar 14, 2026

Property features

Lot/Land

  • Land/Lot size: 12,707 m² (3.14 ac)

Construction

  • Year built: 1977
  • Style: Colonial

Parking/Garage

  • Parking spaces: 20

Bedrooms

  • Bedrooms: 10

Bathrooms

  • Total bathrooms: 6
  • Full bathrooms: 6

Utilities

  • Other utilities: Municipal WaterCity Sewer

Description

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.

Location

309 Sanford Road, Wells, Maine 04090

309 Sanford Road, Wells, Maine 04090