1047 Valley Road, Waterford, ME 04088

$425,000
Property Type: Multi-Family Baths: 3 Square Footage: 1,800 Lot Size (sq. ft.): 39,204 Status: Active
Current Price: $425,000 List Date: 7/19/2025 Last Modified: 7/19/2025

Description

Endless Possibilities in the Heart of Waterford! Located in the charming and peaceful village of Waterford, this 3-unit multi-family property at 1047 Valley Rd offers a rare opportunity for investors or homeowners seeking versatility and value. Whether you're looking to generate steady rental income, live in one unit and rent the others, or convert the building into a spacious single-family home, this property delivers. Each unit has its own unique layout, and the building is nestled in a scenic area surrounded by nature. Enjoy outdoor living with fishing spots and Atv/snowmobile trailhead just a stone's throw away—perfect for hiking, kayaking, and soaking in the natural beauty of Western Maine. This is small-town living at its best, with the bonus of investment potential. Key Features: 3 separate rental units Flexible layout for multi-generational living or income property Located on a quiet, scenic road Close to hiking trails, lakes, and year-round outdoor recreation Just a short drive to Norway, Bridgton, and Sunday River This is a must-see for investors, nature lovers, and anyone seeking a peaceful Maine lifestyle with income potential.

Supplements: ********

More Information MLS# 1631123

Location Information

Book: 5645 Leased Land: No Page: 102 Map: 75 Lot: 20 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 1047 Street Name: Valley Street Type: Road County: Oxford Town: Waterford State/Province: ME Zip Code: 04088 Zip +4: 3071 Zoning: RA Full Tax Amount $: 2159 Tax Year: 2024 Geo Lat: 44.237587 Geo Lon: -70.77621

Property Information

Surveyed: No Seasonal: No Number of Units: 3 Deed/Conveyance Type Offered: Warranty Deed: All Lot Size Acres +/-: 0.9 Total Baths: 3 Total Half Baths: 0 SqFt Finished Above Grade: 1800 SqFt Finished Below Grade: 0 SqFt Source: Seller Garage: No Garage Spaces: 0 Total Full Baths: 3 Year Built: 1900 SqFt Finished Total: 1800 Source of Acreage: Public Records

Site

Level: 1 Open: 1

Location

Rural: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

Contemporary: 1

Construction

Wood Frame: 1

Other Structures

Shed(s): 1

Basement

Bulkhead: 1 Crawl Space: 1 Full: 1 Sump Pump: 1 Unfinished: 1 Walk-Out Access: 1

View

Fields: 1

Foundation Materials

Pillar/Post/Pier: 1 Poured Concrete: 1

Exterior

Vinyl Siding: 1

Roof

Metal: 1

Heat System

Baseboard: 1 Hot Water: 1

Building Info

# Stories: 2 # Water Heaters: 1

Heat Fuel

Electric: 1 K-1/Kerosene: 1 Propane: 1

Income & Expenses

Gross Income: 0 Operating Expenses: 0

Cooling

None: 1

Floors

Laminate: 1 Linoleum: 1 Vinyl: 1

Units

# of 2 BD Units: 2 # of 3 BD Units: 1

Parking

5 - 10 Spaces: 1 On Site: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: No Range: No Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: Second Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 3 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: No Range: No Refrigerator: Yes Sewer: Yes Water: Yes

Gas

No Gas: 1

Sewer

Septic Tank: 1

Water

Private: 1 Well: 1

Driveway

Common: 1 Gravel: 1

Basement Entry

Bulkhead: 1 Interior: 1

Water Heater

Electric: 1 Oil: 1 Tank: 1 Tankless: 1

Amenities

1st Floor Bedroom: 1 1st Floor Primary BR w/Bath: 1 Bathtub: 1 One-Floor Living: 1 Shower: 1

Equipment

Cable: 1 Internet Access Available: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 425000 List Price: $425,000 Current Price: $425,000

Property Features

Site: Level; Open Location: Rural Roads: Paved; Public View: Fields Style: Contemporary Construction: Wood Frame Other Structures: Shed(s) Basement: Bulkhead; Crawl Space; Full; Sump Pump; Unfinished; Walk-Out Access Basement Entry: Bulkhead; Interior Foundation Materials: Pillar/Post/Pier; Poured Concrete Exterior: Vinyl Siding Roof: Metal Heat System: Baseboard; Hot Water Heat Fuel: K-1/Kerosene; Propane Water Heater: Electric; Oil; Tank; Tankless Cooling: None Floors: Laminate; Linoleum; Vinyl Amenities: 1st Floor Bedroom; 1st Floor Primary BR w/Bath; Bathtub; One-Floor Living; Shower Equipment: Cable; Internet Access Available Driveway: Common; Gravel Parking: 5 - 10 Spaces; On Site Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Septic Tank Water: Private; Well
Listing Office: Beagle Realty
IDX
Last Updated: July - 19 - 2025
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