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309 Sanford Rd, Wells, ME 04090
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About this home
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.
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Last updated July 2026
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Sale and tax history for 309 Sanford Rd
- Sale History
- Tax History
$214/sq ft
$214/sq ft
Public record
Property details
Parking
- Parking Information
- Parking Features: Gravel, 11 - 20 Spaces
Interior
- Bathroom Information
- # of Baths (Full): 6
- Interior Features
- Flooring: Carpet, Vinyl
- Laundry Information
- Laundry Features: Coin Laundry
Exterior
- Building Information
- Construction Materials: Wood Frame, Composition, Vinyl Siding
- Roof: Shingle
- Total Stories: 2
- Total Building Area (Sq. Ft.): 4,640
- Property Information
- Year Built: 1977
- Above-Grade Finished Area (Sq. Ft.): 4,640
- Lot Information
- Lot Size (Sq. Ft.): $136,778.40
- Lot Size (Acres): 3.14
- Lot Size Source: Public Records
- Lot Features: Near Turnpike/Interstate, Near Town, Near Railroad, Level, Near Public Transit
- Road Surface Type: Dirt
- Zoning: RC
Financial
- Tax Information
- Annual Tax Amount: $4,189
- Tax Year: 2025
Utilities
- Utility Information
- Has Heating
- Heating: Baseboard, Hot Water
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities: Utilities On
- Utilities On: Yes
- Water Source: Public
- Water Heater: Other Water Heater
Location
- Multi-Unit Information
- # of Units Total: 6
- # of 1 Bedroom Units: 4
- # of 3 Bedroom Units: 2
- Operating Expense: $13,916.18
- Gross Income: $90,000
- Unit 1 Information
- # of Baths (Full): 1
- # of Bedrooms: 3
- # of Rooms: 5
- Actual Rent: $1,500
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 3
- Actual Rent: $1,000
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 3 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 3
- Actual Rent: $1,000
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 4 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 3
- Actual Rent: $1,000
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 5 Information
- # of Baths (Full): 1
- # of Bedrooms: 3
- # of Rooms: 5
- Actual Rent: $2,000
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 6 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 3
- Actual Rent: $1,000
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Location Information
- Unparsed Address: 309 Sanford Road, Wells, ME 04090
- Directions: North or south to Wells exit off 95. Left onto Sanford Road. Property on left.
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 3.14 acres
- Style: Other
- Year Built: —
- Year Renovated: —
- County: York County
- APN: 13645
Around this home
Schools
Public K-4 • Assigned • 0.1mi
Public 5-8 • Assigned • 0.6mi
Public 9-12 • Assigned • 0.4mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 87° expected this year, 16 days in 30 years
56% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
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Nearby similar homes
New listings for sale in 04090
Home values near 309 Sanford Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 2677 Sq. Ft. | $788,637 |
3 Beds | 2 Baths | 1040 Sq. Ft. | $475,829 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1456 Sq. Ft. | $413,521 |
3 Beds | 2 Baths | 1044 Sq. Ft. | $456,218 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 1504 Sq. Ft. | $601,783 |
3 Beds | 2 Baths | 2845 Sq. Ft. | $646,988 |
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