Description
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...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.
- Listed by Jayson Kuhn • River's Edge Realty LLC
Property Details for 1646 Branch Road
Property Details for 1646 Branch Road
| Status | Active |
|---|---|
| MLS # | 1653362 |
| Days on Market | 16 |
| Taxes | $3,905 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1974 |
| Lot Size | 0.64 AC / 27,878 SF |
| County | York County |
Location
Building Information for 1646 Branch Road
Payment Calculator
$4,451 per month
30 year fixed, 6.11% Interest
$4,125
$325
$0
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 1646 Branch Road
- Road Surface Type: Paved
- Zip Code: 6068
- Directions: Interstate 95 to Wells Exit #19, Route 109 West to Route 9A (Branch Rd) on right, follow Branch Road approximately 4.0 miles to 1646 Branch Rd on left.
- Town: Wells
- State/Province: ME
- Zip Code: 04090
- County: York
- Geo Latitude: 43.378843
- Geo Longitude: -70.590224
- Tax Lot: 005
- Site:Level: Yes
- Site:Wooded: Yes
- Location:Abuts Conservation: Yes
- Location:Rural: Yes
- Transportation:Major Road Access: Yes
- Transportation:Rail Available: Yes
- Recreational Water:Nearby: Yes
- Parking Features: 11 - 20 Spaces, Gravel, On Site, Off Street
- Attached Garage: No
- Tax Book Number: 19527
- Tax Map Number: 0084
- Tax Year: 2025
- Parcel Number: WLLS-000084-000000-000005
- Location Information:Association Y/N: No
- Tax Annual Amount: $3,905.00
- Restrictions:No Restrictions: Yes
- School District: Wells-Ogunquit CSD
- Water Heater:Electric: No
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 3168.0
- Lot Size Acres: 0.64
- Source of Acreage: Public Records
- Building Area Total: 3168.0
- Lot Size Area: 0.64
- Lot Size Units: Acres
- Lot Size Square Feet: 27878.4
- Bathrooms Full: 4
- Bathrooms Half: 0
- Street Number: 1646
- Property Information:Surveyed: No
- Property Information:Seasonal: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Total Half Baths: .00
- Property Information:Color: White
- Property Information:Source of Road Frontage: Public Records
- Driveway:Gravel: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1974
- Electric: True
- Sewer: Yes
- Water Source: Well, Private
- Other Equipment: Internet Access Available, Cable
- Utilities:Utilities On: Yes
- Gas:Bottled: Yes
- Construction Materials: Vinyl Siding, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
- Other Structures: Shed(s)
- Basement: None, Not Applicable
- Flooring: Vinyl, Laminate, Carpet
- Cooling: None
- Heating: Direct Vent Heater, Baseboard
- Foundation Details: Block
- Bathrooms Total (Integer): 4
- Bathrooms Total (Decimal): 4.00
- Bathrooms Total (Notational): 4.00
- Cooling YN: No
- Heating YN: Yes
- Gross Income: $89,640.00
- Operating Expenses: $3,500.00
- Number of Units: 4
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $2,000.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 5.00
- Unit 1:# of Bedrooms: 2.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
- Unit 2:Lease: Yes
- Unit 2:Level: Second
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $1,800.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: Yes
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: No
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
- Unit 3:Lease: No
- Unit 3:Level: First
- Unit 3:Security Deposit: No
- Unit 3:Monthly Rent: $1,770.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 5.00
- Unit 3:# of Bedrooms: 2.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: Yes
- Unit 3:Dedicated Water Heater: Yes
- Unit 3:Electric: No
- Unit 3:Heat: No
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
- Unit 4:Lease: No
- Unit 4:Level: Second
- Unit 4:Security Deposit: Yes
- Unit 4:Monthly Rent: $1,850.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 5.00
- Unit 4:# of Bedrooms: 2.00
- Unit 4:Dedicated Electric Meter: Yes
- Unit 4:Dedicated Gas Meter: Yes
- Unit 4:Dedicated Water Heater: Yes
- Unit 4:Electric: No
- Unit 4:Heat: No
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 4
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 1646 Branch Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Mar 4, 2026 | Listed (Active) Maine Listings #1653362 | $849,999 | — |
| Feb 10, 2025 | Expired Maine Listings #1602380 | $749,900 | — |
| Oct 4, 2024 | Withdrawn Maine Listings #1602380 | $749,900 | — |
| Oct 4, 2024 | Sold Maine Listings #1602381 | $800,000 | — |
| Sep 10, 2024 | Active Under Contract Maine Listings #1602380 | — | |
| Sep 9, 2024 | Active Under Contract Maine Listings #1602381 | — | |
| Aug 10, 2024 | Listed (Active) Maine Listings #1602381 | $749,900 | — |
| Aug 10, 2024 | Listed (Active) Maine Listings #1602380 | $749,900 | — |
| Jun 17, 2005 | Sold Maine Listings #742733 | $372,500 | — |
| May 6, 2005 | Pending Maine Listings #742733 | — | |
| May 4, 2005 | Active Under Contract Maine Listings #742733 | — | |
| Apr 22, 2005 | Listed (Active) Maine Listings #742733 | $399,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 03/04/2026 | Listed (Active) Maine Listings #1653362 | $849,999 |
| 02/10/2025 | Expired Maine Listings #1602380 | $749,900 |
| 10/04/2024 | Withdrawn Maine Listings #1602380 | $749,900 |
| 10/04/2024 | Sold Maine Listings #1602381 | $800,000 |
| 09/10/2024 | Active Under Contract Maine Listings #1602380 | — |
| 09/09/2024 | Active Under Contract Maine Listings #1602381 | — |
| 08/10/2024 | Listed (Active) Maine Listings #1602381 | $749,900 |
| 08/10/2024 | Listed (Active) Maine Listings #1602380 | $749,900 |
| 06/17/2005 | Sold Maine Listings #742733 | $372,500 |
| 05/06/2005 | Pending Maine Listings #742733 | — |
| 05/04/2005 | Active Under Contract Maine Listings #742733 | — |
| 04/22/2005 | Listed (Active) Maine Listings #742733 | $399,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1646 Branch Road
Schools near 1646 Branch Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Wells Elementary School PublicK to 4 | ||
Wells Junior High School Public5 to 8 | ||
Wells High School Public9 to 12 | ||
Veritas Academy Private9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- North Berwick Center Homes for Sale
- Southern Homes for Sale
- Summer Village Homes for Sale
- Kennebunk Village Homes for Sale
- West Kennebunk Homes for Sale
- Lyman ME Homes for Sale
- Kennebunkport Village Homes for Sale
- Alfred Center Homes for Sale
- Seacoast Homes for Sale
- York Harbor Homes for Sale
- Berwick Center Homes for Sale
- Dayton Homes for Sale
- North Kittery Homes for Sale
- Route 1 District Homes for Sale
- Bartlett Road District Homes for Sale
- South Berwick Homes for Sale
- Sanford Homes for Sale
- Ogunquit Homes for Sale
- North Berwick Homes for Sale
- Kennebunk Homes for Sale
- Wells Homes for Sale
- York Homes for Sale
- Alfred Homes for Sale
- Arundel Homes for Sale
- Berwick Homes for Sale
- Kennebunkport Homes for Sale
- Cape Neddick Homes for Sale
- Lyman Homes for Sale
- Lebanon Homes for Sale
- Eliot Homes for Sale
- 04043 Homes for Sale
- 04073 Homes for Sale
- 03906 Homes for Sale
- 03907 Homes for Sale
- 03908 Homes for Sale
- 03902 Homes for Sale
- 04002 Homes for Sale
- 04046 Homes for Sale
- 03901 Homes for Sale
- 03909 Homes for Sale
- 04027 Homes for Sale
- 03903 Homes for Sale
- 04005 Homes for Sale
- 03869 Homes for Sale
- 04083 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of River's Edge Realty LLC
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
