309 Sanford Road

Closed 6/25/26
Closed 6/25/26
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Last Sold Price
$995,000
4,640 sqft$214/sqft
309 Sanford Rd, Wells, ME 04090

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...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.
LISTING CLOSED: 06/25/2026 11:42 AM

  1. Listed by Jeffrey Jellison • CENTURY 21 Atlantic Realty
    P: (207) 363-4053 C: (207) 752-1659 JELLISON@C21ATLANTIC.COM

Property Details for 309 Sanford Road

Status
Closed
MLS #
1653538
Days on Market
102
Taxes
$4,189 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family
Year Built
1977
Lot Size
3.14 AC / 136,778 SF
County
York County
Architectural Style
Colonial
Style
Colonial
View
Trees/Woods
Has Waterfront
No
Zoning
RC
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Location

Listing Courtesy of CENTURY 21 Atlantic Realty

Sold By Anchor Real Estate

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Building Information for 309 Sanford Road

Stories2Residences6Year Built1977Building Size-Lot Size3.14 AC / 136,778 SF

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$5,407 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,057

Property Taxes

$349

HOA Dues

$0

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Property Information for 309 Sanford Road

Summary
Location and General Information
  • Water View: No
  • Location: Near Turnpike/Interstate, Near Town, Near Railroad
  • Page: 764
  • Directions: North or south to Wells exit off 95. Left onto Sanford Road. Property on left.
  • Latitude: 43.321969
  • Longitude: -$70.60
  • Transportation: Major Road Access, Public Transport Access
  • Island: No
Taxes and HOA
  • Association: No
  • Parcel Number: WLLS-000133-000000-000007
  • Tax Lot: 007
  • Tax Book Number: 18899
  • Tax Map Number: 0133
  • Tax Year: 2025
  • Tax Annual Amount: $4,189.00
Parking
  • Parking Features: Gravel, 11 - 20 Spaces
  • Parking: 11 - 20 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Near Turnpike/Interstate, Near Town, Near Railroad, Level, Open Lot, Near Public Transit
  • Lot Size Acres: 3.14
  • Lot Size Area: 3.14
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 136778.4
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: true
  • Roads: Dirt
  • Road Surface Type: Dirt
  • Road Frontage: true
  • Road Frontage: 110.0
  • Source of Road Frontage: Public Records
  • SqFt Source: Public Records
  • Tree Growth: false
  • Site: Level, Open
Property and Assessments
  • Above Grade Finished Area: 4640.0
  • Building Area Total: 4640.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Construction: Wood Frame
  • Year Built: 1977
Building Features
  • Foundation Details: Other
  • Foundation Materials: Other
  • Construction Materials: Wood Frame, Composition, Vinyl Siding
  • Color: White
  • Stories: 2
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $214.44
  • Property Repairs Y/N: No
Utilities
  • Heat Fuel: Propane
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Other Water Heater
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Composition, Vinyl Siding
  • Roof: Shingle
  • Driveway: Gravel
Interior Features
  • Amenities: Laundry - Coin
  • Bathrooms Full: 6
  • Bathrooms Total Decimal: 6.0
  • Bathrooms Total Integer: 6
  • Laundry Features: Laundry - Coin
  • Basement: Not Applicable
  • Has Cooling: No
  • Heating: Propane, Baseboard, Hot Water
  • Has Heating: Yes
  • Flooring: Carpet, Vinyl
Room Information
Laundry
  • Laundry Room Amenities: Laundry - Coin
Multi Family
Multi Family Information
  • # of 1 BD Units: 4
  • # of 3 BD Units: 2
  • Number Of Units Total: 6
Income & Expenses
  • Gross Income: $90,000.00
  • Operating Expense: $13,916.18
Unit Information
Unit 1
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: No
  • Actual Rent: $1,000.00
  • Beds Total: 1
  • Key: 904a7f0f69b3fb87613047b1a2715688
  • Rooms Total: 3
Unit 2
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: Second
  • Security Deposit: No
  • Actual Rent: $1,000.00
  • Beds Total: 1
  • Key: 9c58ef38f8a68acc1b0037461db76de6
  • Rooms Total: 3
Unit 3
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: No
  • Actual Rent: $1,000.00
  • Beds Total: 1
  • Key: a8ec8fa9f2f2153aa7ea441ec21662dc
  • Rooms Total: 3
Unit 4
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: Second
  • Security Deposit: No
  • Actual Rent: $1,000.00
  • Beds Total: 1
  • Key: c57ecf1e78b041b061457fdd1537aabc
  • Rooms Total: 3
Unit 5
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: No
  • Actual Rent: $2,000.00
  • Beds Total: 3
  • Key: c6b833e96a88d83708c1030dd37f4164
  • Rooms Total: 5
Unit 6
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: Second
  • Security Deposit: No
  • Actual Rent: $1,500.00
  • Beds Total: 3
  • Key: e79d26069876f372b87195df9c6d2b36
  • Rooms Total: 5
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 309 Sanford Road

DateEvent & SourcePriceAppreciation
Jun 25, 2026

Sold

Maine Listings #1653538

—
Jun 25, 2026

Pending

Maine Listings #1653538

—
Jun 24, 2026

Sold

Maine Listings #1653538

$995,000—
DateEvent & SourcePrice
06/25/2026

Sold

Maine Listings #1653538

—
06/25/2026

Pending

Maine Listings #1653538

—
06/24/2026

Sold

Maine Listings #1653538

$995,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 309 Sanford Road

Taxable ValueLand$167,350Additions$481,120Total$648,470
Tax Record2025$4,189 ($349 / month)
Home Facts
Total Finished SqFt1,904 SqFtAbove Grade Finished SqFt1,904 SqFtStories2Lot Size136,778 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977Year Renovated2000ZoningRCCountyYORKAPNWLLS M:133 L:7

Schools near 309 Sanford Road

This home is within Wells-Ogunquit Community School District.
Rating
School
Type
Grades
Distance
Wells Elementary School
Public - K to 4
Wells Junior High School
Public - 5 to 8
Wells High School
Public - 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

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 Atlantic Realty

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.