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424 Ward Hill Rd, Troy, ME 04987
About this home
Looking for a cash-flowing investment with serious upside potential? This unique and fully renovated property is a true income machine and it's ready for you. Nestled on 22 private acres, this property has undergone a complete transformation: new roof, siding, windows, flooring, heating system, and more. The main home features a bright, open-concept kitchen/living space, two spacious bedrooms, and a fully updated bathroom. It's currently rented for $2,400/month. The daylight walk-out basement offers potential for additional finished living space, whether it's bedrooms, an in-law suite, home office, or even a second unit for added income. Above the attached two-car garage, you'll find a beautifully remodeled 1-bedroom apartment bringing in $1,550/month. But that's not all, tucked away on the property is a brand new 24' Pacific Yurt already set up and perfect for Airbnb or short-term rentals. The land itself adds even more value: three additional lots with driveways already in place offer room for expansion, development, or resale. With trails throughout the land and direct access to snowmobile and ATV routes, this property is a four-season attraction. Just 35 minutes to Waterville or Bangor, and with the seller open to partial owner financing, this opportunity checks every box for an investor looking for passive income and long-term growth.
Redfin Estimate
Market trends in 04987, ME
Last updated August 2026
Provided by Redfin
Sale history for 424 Ward Hill Rd
$163/sq ft
$166/sq ft
$166/sq ft
$163/sq ft
$172/sq ft
$163/sq ft
$172/sq ft
$89/sq ft
$89/sq ft
Tax history for 424 Ward Hill Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Has Garage
- Attached Garage: Yes
- # of Garage Spaces: 2
- Parking Features: Storage Above, 11 - 20 Spaces, Gravel, Inside Entrance
- Vehicle Storage: 2 Car, Attached, Direct Entry to Living, Storage Above
Interior
- Bathroom Information
- # of Baths (Full): 2
- Basement Information
- Basement Entry: Interior, Walk-Out Access, Daylight, Finished, Full, Unfinished
- Interior Features
- Interior Features: 1st Floor Bedroom
- Flooring: Vinyl, Laminate
- Laundry Information
- Laundry Features: 1st Floor Laundry, Upper Level, Main Level
Exterior
- Building Information
- Construction Materials: Vinyl Siding, Wood Frame
- Foundation Details: Concrete Perimeter
- Roof: Shingle
- Total Building Area (Sq. Ft.): 2,767
- Property Information
- Year Built: 1989
- Above-Grade Finished Area (Sq. Ft.): 2,119
- Below-Grade Finished Area (Sq. Ft.): 648
- Lot Information
- Lot Size (Sq. Ft.): $971,388
- Lot Size (Acres): 22.3
- Lot Size Source: Survey
- Lot Features: Rolling/Sloping, Open, Level, Wooded, Rural
- Road Surface Type: Paved
- Zoning: Residential
Financial
- Tax Information
- Annual Tax Amount: $2,933
- Tax Year: 2024
Utilities
- Utility Information
- Has Heating
- Heating: Baseboard
- Has Cooling
- Cooling: Wall/Window Unit(s)
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Utilities: Utilities On, Pole
- Utilities On: Yes
- Water Source: Private
- Water Heater: Off Heating System
Location
- Multi-Unit Information
- # of Units Total: 2
- # of 1 Bedroom Units: 1
- # of 2 Bedroom Units: 1
- Operating Expense: $9,348
- Gross Income: $69,600
- Unit 1 Information
- # of Bedrooms: 2
- Actual Rent: $2,400
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: Yes
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Bedrooms: 1
- Actual Rent: $1,550
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: Yes
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Location Information
- Unparsed Address: 424 Ward Hill Road, Troy, ME 04987
- Directions: GPS Compatible. Sign on property.
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 29.75 acres
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Waldo County
- APN: 632022
Around this home
Schools
Public K-5 • Assigned • 2.3mi
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
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Nearby similar homes
New listings for sale in 04987
Home values near 424 Ward Hill Rd
| Address | Redfin Estimate |
|---|---|
5 Beds | 2 Baths | 1942 Sq. Ft. | $535,724 |
3 Beds | 1.5 Baths | 1536 Sq. Ft. | $355,679 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1120 Sq. Ft. | $309,313 |
3 Beds | 1 Baths | 1340 Sq. Ft. | $285,518 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1232 Sq. Ft. | $293,251 |
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