1646 Branch Road, Wells, ME 04090

$849,999
Property Type: Multi-Family Baths: 4 Square Footage: 3,168 Lot Size (sq. ft.): 27,878 Status: Active Under Contract
Current Price: $849,999 List Date: 3/05/2026 Last Modified: 3/24/2026

Description

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.

Supplements: ********

More Information MLS# 1653362

Location Information

Street #: 1646 Street Name: Branch Street Type: Road County: York Town: Wells State/Province: ME Zip Code: 04090 Zip +4: 6068 Leased Land: No Book: 19527 Page: 546 Map: 0084 Lot: 005 Zoning: R Zoning Overlay: No Association: No School District: Wells-Ogunquit CSD Full Tax Amount $: 3905 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 43.378843 Geo Lon: -70.590224

Contract Information

Status: Active Under Contract Original List Price: 849999 List Price: $849,999 Current Price: $849,999

Property Information

Surveyed: No Seasonal: No Deed/Conveyance Type Offered: Warranty Deed: All Number of Units: 4 Total Baths: 4 Total Full Baths: 4 Color: White Year Built: 1974 SqFt Finished Above Grade: 3168 SqFt Finished Total: 3168 SqFt Source: Public Records Garage: No Lot Size Acres +/-: 0.64 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 125 Source of Road Frontage: Public Records

Status Change Info

Kick-Out: No

Water Info

Water Frontage: No Water View: No

Units

# of 2 BD Units: 4

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 2000 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: First Security Deposit: No Monthly Rent: 1770 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 4

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1850 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Water: Yes

Utilities

Utilities On: Yes

Property Features

Site: Level; Wooded Location: Abuts Conservation; Rural Roads: Paved; Public Transportation: Major Road Access; Rail Available Recreational Water: Nearby View: Trees/Woods Style: Colonial; Split Level Levels: Multi-Level Construction: Wood Frame Other Structures: Shed(s) Basement: None Basement Entry: Not Applicable Foundation Materials: Block Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Direct Vent Heater Heat Fuel: K-1/Kerosene; Propane Water Heater: Electric Cooling: None Floors: Carpet; Laminate; Luxury Vinyl; Vinyl Equipment: Cable; Internet Access Available Driveway: Gravel Parking: 11 - 20 Spaces; Off Street; On Site Vehicle Storage: No Vehicle Storage Restrictions: No Restrictions Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer; Septic Tank Water: Private; Well
Listing Office: River's Edge Realty LLC
Last Updated: March - 24 - 2026
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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