Property Type:Multi-FamilyBaths:4Square Footage:3,168Lot Size (sq. ft.):27,878Status:Active Under Contract
Current Price:$849,999List Date:3/05/2026Last 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.
Status: Active Under ContractOriginal List Price: 849999List Price: $849,999Current Price: $849,999
Property Information
Surveyed: NoSeasonal: NoDeed/Conveyance Type Offered: WarrantyDeed: AllNumber of Units: 4Total Baths: 4Total Full Baths: 4Color: WhiteYear Built: 1974SqFt Finished Above Grade: 3168SqFt Finished Total: 3168SqFt Source: Public RecordsGarage: NoLot Size Acres +/-: 0.64Source of Acreage: Public RecordsRoad Frontage: YesRoad Frontage +/-: 125Source of Road Frontage: Public Records
Status Change Info
Kick-Out: No
Water Info
Water Frontage: NoWater View: No
Units
# of 2 BD Units: 4
Unit 1
Lease: YesLevel: FirstSecurity Deposit: YesMonthly Rent: 2000# Full Baths: 1# of Rooms: 5# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 2
Lease: YesLevel: SecondSecurity Deposit: YesMonthly Rent: 1800# Full Baths: 1# of Rooms: 5# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 3
Lease: NoLevel: FirstSecurity Deposit: NoMonthly Rent: 1770# Full Baths: 1# of Rooms: 5# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 4
Lease: NoLevel: SecondSecurity Deposit: YesMonthly Rent: 1850# Full Baths: 1# of Rooms: 5# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesWater: Yes
Utilities
Utilities On: Yes
Property Features
Site: Level; WoodedLocation: Abuts Conservation; RuralRoads: Paved; PublicTransportation: Major Road Access; Rail AvailableRecreational Water: NearbyView: Trees/WoodsStyle: Colonial; Split LevelLevels: Multi-LevelConstruction: Wood FrameOther Structures: Shed(s)Basement: NoneBasement Entry: Not ApplicableFoundation Materials: BlockExterior: Vinyl SidingRoof: ShingleHeat System: Baseboard; Direct Vent HeaterHeat Fuel: K-1/Kerosene; PropaneWater Heater: ElectricCooling: NoneFloors: Carpet; Laminate; Luxury Vinyl; VinylEquipment: Cable; Internet Access AvailableDriveway: GravelParking: 11 - 20 Spaces; Off Street; On SiteVehicle Storage: No Vehicle StorageRestrictions: No RestrictionsElectric: Circuit BreakersGas: BottledSewer: Private Sewer; Septic TankWater: Private; Well